JERSEY CITY | 555 Summit Ave | 512 FT | 48 FLOORS

This is the latest Homestead Place building to be proposed. It will have a companion tower just to the south that will also be about 50 stories. Just to the west on the same block another two towers recently started site prep: JERSEY CITY | 29 Van Reipen Ave + 612 Pavonia Ave | 313 FT x 2 | 27 FLOORS x 2 - #13 by apophenic

Description for this tower from city filings:

New forty-eight story (48) mixed use development containing 952 residential dwelling units, 26 hotel rooms, ground floor retail, amenities and other improvements. Project to obtain the proposed height and bulk through the Homestead Walkway Bonus.

No car parking, 3271 sq ft of retail, 475 bike parking spaces.

Here’s a map I made roughly outlining the development parcel:

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Wow. 950+ residences, hotel rooms, and no parking is very impressive

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This block as a whole will have almost 3,000 apartments plus tens of thousands of square feet of hotel/office/retail, and no parking.

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The fact there is no car parking is incredible and definitely allows more room for apartments and retail. More cities should ditch parking minimums where possible, especially around transit hubs. There’s bus and PATH access walking distance from this development which makes it well-connected to other destinations.

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I know I asked this multiple times, but why is it that JC with a far worse transit system can put out multiple project without parking, but NYC with a far more comprehensive transit system can’t? Why are there new builds in Harlem with almost 1:1 parking ratios?

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It’s all political will. NYC lacks the political will to abolish parking mandates in most of the City. City of Yes reduced and abolished parking requirements in some areas though.