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Old Posted Feb 8, 2020, 5:32 PM
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chris08876 chris08876 is offline
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JERSEY CITY | Laurel-Saddlewood Redevelopment |≅ 500 FT | FLOORS

Via apophenic

810 Units (apartments)
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Old Posted Feb 9, 2020, 8:11 AM
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A 500 foot tower 4-5 block from the river in JC? And the render makes it look like just another 500-footer in the neighborhood?
THe JC skyline has come very far in the last 2-3 decades.
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Old Posted Feb 9, 2020, 3:47 PM
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If I'm not mistaken this should be the block bounded by 1st and 2nd streets, Grove Street, and Marin Boulevard here.

The current stock, to put it mildly, is not very handsome.
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Old Posted Feb 13, 2020, 2:15 PM
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This one has an interesting backstory. It was the owners of the prefabbed housing that approached the developer asking for them to buy the land. This is how you harness gentrification to do good. Fighting it never works.

From Jersey Digs - edited key parts to keep under 50%


The property is currently home to 38 prefabricated homes that were moved to the land in the 1970s.

During the meeting, LMC Vice President Charles Epstein said that the property’s homeowners initially approached the company about purchasing their homes. He added that LMC has agreed to deals buying all the properties from homeowners at market-rate prices except for one. The holdout, the company claims, is a local developer who purchased the home as part of an effort to redevelop the entire block.

The proposed redevelopment of the parcel has been drawn up by New York-based Beyer Blinder Belle and would see a high-rise built along Marin Boulevard rising about 50 stories at the tallest point. The structure would then gradually step down as it heads toward Grove Street and Manila Avenue, bottoming out to three stories at the lowest point.

The project, which is being called Laurel & Saddlewood for now, would contain about 810 rental apartments and include 41 units designated as affordable housing. 14,000 square feet of retail space would be featured on the ground floor facing Marin Boulevard and as part of the deal, a 50,000-square-foot public school would be built along First Street.

The school in the plan, which would be deeded to the city upon completion, would house Pre-K to 5th grades and should serve around 300 to 350 students.

In addition, the existing Philippine Plaza on the land would be almost quadrupled in size to about 11,400 square feet. LMC has met with representatives of the plaza and agreed to keep the existing memorial at the site while creating a true public park at the space, which is decidedly underutilized.
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