JERSEY CITY | 50 Hudson Street | 481 FT | 48 FLOORS

[chris08876]

[Altoic]

So much demand and growth in JC, I assume there’s a lot of spillover demand from NYC?

[chris08876]

Yes a ton. Arguably one of the reasons the demand is so high. While JC is still expensive, its somewhat considered a bargain compared to across the Hudson.

[chris08876]

This was approved via the Jersey City Planning Board.

[chris08876]

Credit: Reena Rose Sibayan | The Jersey

[chris08876]

Phase One is starting construction next week. 55 Hudson.

This will be part of phase 2 (50 Hudson)

[colemonkee]

Oh wow, so the taller of the two is starting first! Nice to see these lots finally bite the dust!

[chris08876]

Tishman Speyer Acquires 50 And 55 Hudson Street For Two-Tower Project In Jersey City

Tishman Speyer has completed the acquisition of land for a new mixed-use development at 50 Hudson Street and 55 Hudson Street in Jersey City. The project, which has been designed in collaboration between Handel Architects, Marchetto Higgins Stieve Architects, and landscape architect Melillo Bauer Carman, is situated on the Hudson River waterfront and plans to yield approximately 2,000 apartments.

The project will consist of two towers. The first, 55 Hudson Street, plans to stand 58 stories tall and is expected to open in early 2027. It will offer 1,017 rental apartments, around 60,000 square feet of retail space, and approximately 75,000 square feet of resident amenities. 50 Hudson Street, the second tower, will stand 48 stories tall and yield 924 rental units and 10,000 square feet of retail space.

Key to the development of 50 and 55 Hudson Street is the inclusion of a 32,000-square-foot public plaza that will span the distance between the two buildings and provide access to the waterfront esplanade. Key stakeholders are optimistic that the plaza will attract a variety of public events and make the development a positive impact on the surrounding community.

“This [land] acquisition demonstrates our conviction in the neighborhood as well as in our long-term vision for these two world-class residential towers,” said Tishman Speyer CEO Rob Speyer. “With 50 and 55 Hudson, we are making a lasting impact on the Jersey City waterfront.”

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NYY