JERSEY CITY | Projects and Construction thread

[Randomguy34]

Originally Posted by C.

New GIS development map for Jersey City developed: https://experience.arcgis.com/experi...e9d0878619930f

Any surprises?

In about the past ten years, there have been 43,727 completed units, 17,704 units under construction, and 31,215 approved units in the pipeline. In total, that's 92,646 units! Given that Jersey City is only 15 sq mi, this is probably the highest concentration of new housing anywhere in North America

[C.]

Originally Posted by Randomguy34

In about the past ten years, there have been 43,727 completed units, 17,704 units under construction, and 31,215 approved units in the pipeline. In total, that's 92,646 units! Given that Jersey City is only 15 sq mi, this is probably the highest concentration of new housing anywhere in North America

Jersey City on the housing shortage in the New York City metro region:

[C.]

There are a couple more 50-60 floor towers proposed on the June planning board agenda. Both downtown.

[mrnyc]

Originally Posted by C.

Jersey City on the housing shortage in the New York City metro region:

good work, citizen.

[Crawford]

Originally Posted by C.

There are a couple more 50-60 floor towers proposed on the June planning board agenda. Both downtown.

Great news! Do you have any details?

[C.]

Originally Posted by Crawford

Great news! Do you have any details?

Yes, from: https://data.jerseycitynj.gov/api/da..._2024_mtg_pdf/

1. 3 Second Street (aka 5 Second Street or 242 Hudson St)
Applicant: Plaza VIII & IX Associates, LLC

Development of a 57-story mixed use building containing 579 residential units (of which 87 units are income restrict affordable housing due to IZO), 14,840 sf of commercial space, and 555 parking spaces in an enclosed garage (300 of the parking spaces are for the use of Plaza X at 3 Second Street).

2. 20 Long Slip
Applicant: EQ 8A LLC’s

A new 48 story tower (494.5’), with 529 units total, and 239 car parking spaces (40 EV car spaces).

3.Address: 44 Park Lane North
Applicant: Newport Associates Development Company

New 41-story tower with 355 residential units on a 5-story podium containing 336 parking spaces including EV and EVMR spaces, approximately 5,716 sq. ft. of indoor amenity space, outdoor recreation space on the roof of the podium and on the 41st floor of the tower, and approximately 8,600 sq. ft. of green roof along Washington Blvd.

[C.]

Here Comes the Boom: Jersey City’s Journal Square Reaching New Heights


https://jerseydigs.com/journal-squar...-developments/

[chicagoguy1]

Lived in JC from 2020-2022, unfortunately got priced out, and moved back to Chicago.. Question: Is the plan for the 3 or 4 highrises on the 6 Street Pier still moving forward?

[Crawford]

Yeah, those towers on the pier are moving forward. I believe Lefrak is the developer.

[C.]

I’m reading the Journal Square 2060 plan to promote affordable housing. Looks like developers will be allowed to build 20 stories on top of the FAR of 25!

This change probably just pumped up the value of the Kennedy Fried Chicken lot by millions. Also, several other sites in the area must be more valuable as well as the maximum height they can build goes from 40 to 60 floors.

It’s probably too late for 499 Kennedy but it will be interesting to see if they try to tack on more floors during construction.

[C.]

The Homestead Assemblage is complicated, but here is a decent breakdown

Phase 1
26-28 Cottage Street
22 stories
166 units

Phase 2
618 Pavonia Avenue
27 stories
432 units

Phase 3
26-32 Van Reipen Avenue
27 stories
235 units

Phase 4
35-43 Cottage Street
27 stories
588 units

Phase 5a
29 Van Reipen Avenue
27 stories
696 units

Phase 5b
555 Summit
27 stories
564 units

Phase 5c
547 Summit
27 stories
517 units

Phase 6
32-38 Cottage and 703-707 Newark
27 stories
648 units

Phase 7
610-612 Pavonia Avenue
you guessed it... 27 stories
423 units

https://thejcra.org/wp-content/uploa...tions-2024.pdf

[C.]

delete

[C.]

one or two more - not homestead assembly

625-629 Newark and 8-16 Lott
27 stories
629 units

693-701 Newark and 30 Cottage
33 stories... WTF
336 units

I need to find a better way of maintaining the list. Maybe Excel.

Anyway, with the Journal Square inclusionary zoning ordinance, thinks that make you go hmmm... watch all those remaining Homestead Assembly building grow by 20 floors each. So 27 becomes 47.

[C.]

delete

[C.]

Dummies

https://www.nj.com/hudson/2024/06/de...rt-ruling.html

The reason for denial, as I understand it, is that the city is actually in favor of the height and density. All they wanted is guarantees that the light rail stop will be constructed and the right-of-way preserved, but the developer didn't want to follow the city's process to obtain that commitment. They told the city, 'trust me, bro' and the city said "No!"

[C.]

438 Summit

2x25 floor buildings with 709 units.

Potentially could grow to 45 each under the new affordable housing ordinance being proposed.

[C.]

72 Montgomery St

Montgomery Greene Owner, LLC ot make a presentation before the Board of Commissioners for the redevelopment of property located at Block 11606, Lot 1, commonly known as 27 Montgomery Street ni
the 11606 Redevelopment Area. Montgomery Greene Owner, LC proposes ot develop a 57-story mixed used building, approximately 18 parking spots, 3,000 sq. ft of commercial space, approximately 3,500 square feet of publicly accessible, privately-owned and operated open space plaza on the corner of Greene Street and Christopher Columbus Drive ("the East Property") together with onsite and offsite improvements. The project will include 600 residential units, of which five hundred and ten (510) units wil be market rate, and fifteen (15%) of the total units, or ninety (90) units, wil be affordable housing ni accordance with the 11606 Redevelopment Plan.

This isn’t the same as the other 57 story tower announced last week. Not bad.

[C.]

Hilarious statistic from https://www.nj.gov/labor/labormarket...un/bpmar24.htm

1 in 9 of all new housing building permits in New Jersey so far this year (Jan 1 - March 31, 2024) are located in Jersey City. About 1 in 10 are in Jersey City multi-family units of 5 units or more.



What about Newark? They have 136 units compared to Jersey City's 1,033.
Absolutely beast numbers as Jersey City carries the entire State.

These are Toronto numbers as you would be hard pressed to find similar growth rates in the United States for densification.