JERSEY CITY | 688 Montgomery St | 275 FT | 22 FLOORS

[C.]

http://therealdeal.com/blog/2013/12/...s-on-students/



Here's another one. "The building will have 300 apartments for students as well as 375 market-rate apartments and will be built in a joint venture with nearby Saint Peter’s University.

Sora would own the majority of the building, while the university will provide the site in McGinley Square, south of the Journal Square area, and pay Sora an annual rent, the Wall Street Journal reported. No exact address was provided.

The project is yet to receive final approval from the city, but Mayor Steven Fulop told the newspaper that the developer would likely have the necessary support.

“We have made a commitment to redeveloping areas off the waterfront and projects such as this in McGinley Square will be a focus of the administration,” Fulop said."

[Hypothalamus]

JERSEY CITY | 688 Montgomery St | 275 FT | 22 FLOORS

This one got a height increase...

Hudson Reporter:

McGinley Square redevelopment approved
And council bans displays on walls of 22-story St. Peter’s building

by Al Sullivan
May 25, 2014

The City Council voted on May 14 to approve a redevelopment plan that will advance two different projects while curtailing large video displays on the side of a proposed tower to be built by a local college.

The McGinley Square East Redevelopment plan covers an area of about 10.2 acres and includes a proposed 22-story St. Peter’s University building, which will contain residential units, a movie theater and retail, as well as possible dormitories, classrooms, and child care facilities. The approval contained a change prohibiting the use of large video displays on the sides of the 22-story building.

The city has required St. Peter’s to build a park as a giveback to the historic community.

McGinley Square, located at Bergen Avenue and Montgomery Street, is one of the oldest neighborhoods in the city. But it is also significantly run down, something city officials hope will change by allowing St. Peter’s to construct the new building there.

The developer has proposed installing large video panels on four sides of the building, which would display art. But residents in the neighborhood protested, at one point showing just how large these panels would be by using display tape in the council chambers.

The council chose not to approve the panels, saying that while these might not be the overwhelmingly bright kind that are typical of places like Times Square, residents of the neighborhood feel they are out of character.

Lavern Washington, a community activist, spoke out in support of the redevelopment plan, saying such projects are needed in the central part of the city, to create jobs and improve areas away from the waterfront.

[...]

Height figure from April article:

The proposed building, to be built across Montgomery Street from the Jersey City Armory, was originally to be 175 feet tall and 17 stories but Saint Peter’s now wants it to be 275 feet with 21 stories.

[C.]

I'm kinda sad this one wasn't built. It would have been a big one for McGinley Sq.

[Crawford]

Hopefully it will still be built. St. Peters recently got a major donation from a local RE developer, though not sure where those funds will be dedicated.

In any case, McGinley Square will eventually be redeveloped with new towers, as a mini-me to Journal Square.