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Old Posted Jan 22, 2017, 11:28 PM
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chris08876 chris08876 is offline
NYC/NJ/Miami-Dade
 
Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 45,795
JERSEY CITY | Crescent Park (246 Johnston Avenue) | FT | FLOORS (2150 Units)

Note: Rendering is "conceptual". 2,150 units is a lot, so I'd expect bulkiness and a few high rise towers. Hopefully a little taller, but this might be worth watching, as is any 2000+ unit project.

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Huge walkable waterside development slated for Jersey City



Quote:
Jersey City, New Jersey—where tall towers have popped up with some regularity for the past decade—is about to get another huge waterside development.

Private equity firm Quadrum Global is planning a 2,150-unit complex that includes 50,000 square feet of retail and a new public park for a now-vacant parcel. One available rendering of the development, called Crescent Park, depicts glassy 12-story towers curving around a lush park and waterway.


Just east of I-78 on the banks of Mill Creek Outfall, a Hudson River tributary, the development is roughly parallel with lower Manhattan’s Financial District. Future residents will live within walking distance of ferry service to Manhattan and the Hudson-Bergen light rail line.

Jersey Digs reports that Quadrum’s partner, developer Johnston View Owner, bought the 7.5-acre property, which is part of the Grand Jersey Redevelopment Area, for close to $35 million in April 2015.

Crescent Park could break ground as early as next year, documents show. Plans call for a cleanup of the creek in addition to the new construction, though the Jersey City Planning Board has yet to approve the project.
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https://archpaper.com/2017/01/jersey...crescent-park/
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