Home News A little taller and with 40 affordable housing units, another Journal Square high-rise heads for planning board review

A little taller and with 40 affordable housing units, another Journal Square high-rise heads for planning board review

by admin
0 comment

Proposed to replace the CH Martin store in Journal Square, the glittering skyscraper has grown since it was first introduced, and now houses more than 30 affordable homes after nothing was initially proposed. The unit is included, the developer said in a document filed with Jersey City. Planning committee.

ever since details revealed About the project In February, another major project was announced adjacent to the Loews Theater, marking a major transformation of Kennedy Boulevard’s west side opposite PATH Plaza.Loews will be worth an estimated $110 million when completed The performance venue is surrounded by mixed-use skyscrapers, New Public Square and Hundreds of new residents.

The CH Martin site project at 80 Journal Square is now proposed as a 28-story building instead of 26, increasing from 368 to 400 units. 400 proposed units.

Only the highest income residents eligible to buy affordable housing in Jersey City are eligible to move into those apartments. Units are designated for individuals or families earning 80-120% of the regional median income. Highest of four designated income brackets based on state standards.

This application is scheduled for Planning Commission review on November 29th.

BH3 Management has offices in Manhattan, Florida and Colorado, Designed by Hoboken-based Marquette Higgins Steve Architects, developing the project with Hope Street Capital.

The tower is adjacent to Loews to the north, but the tower, approved by the planning commission in October, will surround the theater where the parking lot now stands. those two towers One is 55 stories high and the other is 49 stories high, dwarfing the CH Martin replacement.

They will introduce 1,189 new residential units in a project that represents a collaboration between the Kushner family’s real estate business, KRE, and Silverstein Properties.

BH3’s proposed building will have retail on the ground floor and office space on the second and third floors facing Kennedy Boulevard. Plans include a walkway between the new building and Loew’s Theater. This is a space that no longer exists between the theater and the store.

The lower three floors are surrounded by clear windows, while the rest of the building is blue/grey glass. Aluminum with a design inspired by the texture of the Loews Theater curtains.

“This architectural element of the sawtooth ‘curtain-like’ building design benefits the overall design and allows additional light into the space while complementing the adjacent historic theater,” the application said. said in the plan’s “major point statement” on the board.

The lower 3rd floor is located further back from the road than the upper living space, so the sidewalk is wider, Create a pedestrian square with benches, planters and movable furniture according to the architectural plan.

The residential units are 38% one bedroom, 31% studio apartments, 25% two bedrooms and 6% three bedrooms. There is no parking lot, but there is indoor storage for over 200 bikes.

You may also like