JERSEY CITY | 413 Summit Ave | ??? FT | 19 FLOORS
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Proposed Journal Square development at 407-409 and 413 Summit Avenue, Jersey City. Rendering via Uforma.com via JerseyDigs.com
Quote:
While Jersey City’s Journal Square has been served by rapid transit rail service for well over a century, the last few years, in particular, have seen countless development proposals for properties within walking distance of the neighborhood’s PATH station. New buildings have been proposed for all sorts of properties in the community, ranging from residential lots to vacant tracts to existing commercial structures. Now, another proposed development that could tower over this area if ultimately constructed is up for approvals.
The latest plan involves 407-409 and 413 Summit Avenue, two neighboring lots that are located between Sip Avenue and Newkirk Street. The site, which contains a garage that has long been used by a vehicle rental business called Econo-Car, was recently acquired in June for $750,000 from a Livingston family. The new owner, 413 Summit Holding, LLC, is registered out of the same Lower Manhattan office as Titanium Realty Group, a company responsible for several other residential development plans in Jersey City.
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https://jerseydigs.com/tower-propose...e-jersey-city/
The site is currently under construction.
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