JERSEY CITY | Projects and Construction thread

[Hamilton]

A few odds and ends I've through-the-grapevine and from looking through offline city records:

*The owner of the lots at the western end of Cottage Street (136, 137, 140, 142 Cottage St) has been granted permission by the City Council to vacate this end of the street (a dead end). The owner would now be free to build a single building that incorporates the lots on either side of Cottage Street, as well as the stub that has been vacated. The as-of-right height is 6 stories here.

*The city's development map shows a proposed project at the United Methodist Church on the Boulevard and Tonnelle. But the church's lot is in a preservation zone (landmarked), so they would need a rezoning or deviation to modify the church building.

*KRE Group appears to be in talks to acquire the lots at the northwest corner of Bergen Ave and the Boulevard, including the sites of the Rite Aid and the McDonald's. I think I learned this from former JCRA chair Bob Antonicello, don't remember. The as-of-right height is 25 stories.

*The developer behind the as-of-right 17-19 Perrine Avenue building that was rejected by the Planning Board last December has filed suit, asking the courts to overturn the decision as arbitrary and capricious. 100% chance he will win in court, but it may take a few years.

*The building at the northeast corner of Vroom and Academy has broken ground. 134 Academy is the address, I think. 91 units & street-level retail.

*Van Leer Place South, at the foot of Hoboken Avenue, is well under construction, with rebar sticking out of the foundation. Same with 235 Grand, the 45-story tower at the southern end of Grove Street which will include an expanded park. Also currently undergoing foundation work is the 25-unit building at Newark Ave and Waldo above the Harsimus Cemetery.

[citybooster]

Not quite sure what you meant, CIA... what exactly is starting up in some form in November?

I agree wholeheartedly regarding Harborside 4... I don't believe any office building with this kind of news will be developed soon other than the one in Newport by the pier... keep hearing something is happening on that soon but they don't intend to go high rise here but something mid rise with a nice amount of retail/restaurant public amenities. New York is going to see a big office building jump particularly in mid town and the West Side in the next few years with Hudson Yards and other projects. No real need for office space here unless as a lower priced alternative to the prime space being developed over in the city. However plenty of opportunities for residential/mixed... as far as the eye can see!

[C.]

Originally Posted by citybooster

Not quite sure what you meant, CIA... what exactly is starting up in some form in November?

The Harborside Terminal renovations to add retail and other urban enhancements. I want to say there is a rumor that there is even a ferry dock planned for the site.

[C.]

New 808 Pavonia renders

[C.]

Jersey City Mayor Steve Fulop announced Monday that the city will establish an office within the Division of Planning dedicated to ensuring that its population is accurately counted during the 2020 U.S. Census.

The move comes as the city continues to contend that it was undercounted by more than 40,000 residents in the 2010 Census, and that several high-rise buildings were missed entirely during that count. The new office, which will be staffed with new hires, planning employees, interns, and temporary staff, will be tasked with updating the residential mailing address list to be used by the U.S. Census Bureau to ensure that new buildings have been added.

"We know that Jersey City was significantly undercounted in the 2010 Census and this administration will not allow that to happen under our watch," Fulop said in a statement. "We only get one opportunity to do this right. The importance of an accurate census count cannot be understated, as millions of dollars is at stake and this data lasts with a city for 10 years."

http://www.nj.com/hudson/index.ssf/2...art_river_home

40,000 undercount? Sounds legit considering those not wanting to be counted.

[C.]

NJ state of mind: Toll Brothers revenues fueled by sales across the Hudson
Homebuilder reported $1.5B in revenue, up 18%, during third quarter

Toll Brothers can thank the bridge-and-tunnel crowd for its recent gains in the New York metro area.

The national homebuilder said sales activity at two large New Jersey projects drove third-quarter revenue at its City Living division, which pulled in $98.7 million, up from $52.5 million during the third quarter last year. The uptick reflects 78 closings (up from 14), the bulk of which were at 1400 Hudson Street in Hoboken. Toll also accepted 49 contracts at its 1400 Hudson Street condominium in Hoboken, which launched sales six weeks ago. And it sold 17 units at 121 East 22nd Street, a 140-unit condo near tower Madison Square Park in Manhattan.

CEO Doug Yearley attributed strong sales in New Jersey to lower prices at those projects. “We have to work harder to sell units at higher price points, although we’re not competing in the super-tall or super-expensive condo product,” he said during an earnings call Tuesday.

Full article at: https://therealdeal.com/2017/08/22/n...oss-the-hudson

[limak116]

Some renders released for the 2 new towers by the Holland. Looking spiffy. https://jerseydigs.com/jersey-city-d...ering-details/

[Crawford]

Wow, those towers look pretty good.

I look forward to the Holland Tunnel area turning much denser and more vertical.

[C.]

Urby is 85.9 percent leased (655 units out of 720 or whatever). OFFICE DEMAND is WEAKER than anticipated along the Hudson County waterfront. If I were Mack Cali, I would ditch an all office Harborside 4 and go with mixed-use with sizable rental component.

[C.]

Jersey City is granting planning approval for units at a rate much faster than developers are willing (...or allowed) to build. Is the issue with the banks, a little skiddish about a perceived oversupply? There is a lot of developments that broke ground last year that are still in construction. But as they finish up and begin leasing, units have been flying off the shelf. There are roughly ~8,000 multi-family units currently under construction. Hopefully we see at least another 8,000 break ground in the next couple of years. Once the banks see the Jersey City market is able to absorb the new units coming online, it will prove the fears of an oversupply are unfounded and should open up the financing floodgate. Big thanks to New York City's burgeoning economy for making this all possible.

[C.]

The 18-floor 167 Academy being shopped by the owners

[C.]

Originally Posted by CIA

The 18-floor 167 Academy being shopped by the owners

Old version:



Nice to see this increase in a critical part of the city.

[C.]

1JSQ now twin 849ft buildings

So the six tallest buildings in Jersey City are now as follows:

99 Hudson, 899ft, under construction
1JSQ I, 849ft, planned
1JSQ II, 849ft, planned
Goldman Sachs, 781ft, built
Journal Squared III, 728ft, approved
Urby I, 720ft, built

[C.]

With all this new development, it's critical Jersey City start thinking about transportation infrastructure. The Journal Square 2060 plan calls for a streetcar service running on JFK Blvd. I kinda wish the city dedicated all PILOT (and maybe consider TIF) payments to assist NJ Transit in seeking grants for a New Starts streetcar. The time to begin planning for funding and possible routes is now, in my opinion. The corridor is already heavily served by NJ Transit and for-profit bus services, but the problem is, since there is no dedicated transit ROW, they're stuck in sever traffic during rush hour.

[Crawford]

Originally Posted by CIA

With all this new development, it's critical Jersey City start thinking about transportation infrastructure. The Journal Square 2060 plan calls for a streetcar service running on JFK Blvd. I kinda wish the city dedicated all PILOT (and maybe consider TIF) payments to assist NJ Transit in seeking grants for a New Starts streetcar. The time to begin planning for funding and possible routes is now, in my opinion. The corridor is already heavily served by NJ Transit and for-profit bus services, but the problem is, since there is no dedicated transit ROW, they're stuck in sever traffic during rush hour.

At some point, the west side of the Hudson needs another heavy rail line. I don't know if we're talking PATH, or subway, or something else, but there needs to be another cross-Hudson connection that heads into the dense neighborhoods. And I'm not counting the upcoming Gateway tunnel.

[C.]

New Development Maps!

Dated today

http://data.jerseycitynj.gov/dataset...ps-10.5.17.pdf

No new info. 55 Hudson is still listed as 95 storys

[C.]

Two new mid-rise buildings going up in Jersey City Heights along Palisades avenue. I can just imagine the killer views of Hoboken and Manhattan these will provide since there isn't much height in the area now.


500 Palisade


Palisade
Source: https://www.thenextbk.com/

[Hamilton]

^^^3 Perrine Ave is topped out. The façade should go in soon.

The two renderings in your second post are the same project. The first rendering is outdated; the second rendering is the more updated version.

https://newyorkyimby.com/2016/12/dem...rsey-city.html

Speaking of midrises in the Heights, the Zoning Board approved variances for a 28-unit building with storefront retail at 3193 Kennedy Boulevard, just north of the Bergen Arches. The facade of the existing 2-story vacant industrial building will be preserved and restored. It's in an area that is zoned for 2-family Bayonne Boxes only, which makes no sense since the Boulevard has many mid-rise apartment buildings with retail along its whole length.

The planners asked neighbors nearby if they would prefer that the building have parking or retail, and they chose retail as more important, so no parking will be included. Which I think really speaks to the need to revise the zoning along the Boulevard to allow small mixed-use multifamily buildings as of right. It's ridiculous that residents without cars in that area should have to walk to Central Ave or the Square to buy necessities.

[chris08876]

I hope 2018 will see Phase II of URL. Would be nice in Q2.

[C.]

Originally Posted by chris08876

I hope 2018 will see Phase II of URL. Would be nice in Q2.

We'll have an update on Urby II & III within two weeks.