JERSEY CITY | 630-632 Newark Avenue | FT | 27 FLOORS

27-Story Tower Could Bring 450 Units to Newark Avenue in Journal Square

The Namdar Group from Great Neck, Long Island is seeking to build a 27-story mixed-use building at 630-632 Newark Avenue, between the Five Corners and Cook Street. A resolution from the Jersey City Redevelopment Agency (JCRA) shows that the Board of Commissioners voted during its meeting on Feb. 20 to designate Namdar as the property’s redeveloper. The resolution states that the company’s proposal includes plans for around 450 residential units and ground floor retail space, adding that “the newly constructed project will be designed to complement the surrounding neighborhood.”

The property sits near the Hudson County Administration Building in the Journal Square 2060 Redevelopment Plan Area. It currently is occupied by a three-story building and a private parking lot. The existing structure contains Michael Anthony’s Unisex Hair Styling, Labor Ready, and Big Lou’s Bail Bonds, along with apartments on the upper floors. It is not immediately clear whether the new building would only occupy the undeveloped portion of the site or if the existing building would need to be demolished and if current occupants would be displaced. However, if given the necessary approvals, the new building’s retail space would face the proposed extension of Central Avenue, according to JCRA records.

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JD is reporting this has broken ground.

https://jerseydigs.com/three-development-sites-in-prime-journal-square-trade-hands/

The properties sold are located at 425 Hoboken Avenue, 26 Oakland Avenue, and 14-16 Oakland Avenue. All properties were sold as vacant lots and fall within the Journal Square 2060 redevelopment plan.

425 Hoboken Avenue is a 7,800-square-foot site that currently contains a vacant firehouse and abuts Namdar Group’s 30-story residential tower that has just broken ground.

It’s not true.

It hasn’t even been approved by the Planning Board yet. The usual suspects among local NIMBYs are trying to stop it even though it’s completely by-right with no variances, so the Planning Board approval has been delayed by a few weeks.

They can’t even start looking for financing until the Planning Board approves the site plan.

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fake news strikes again, sigh. Maybe they meant 87 Newkirk (which is already topped out…) but were too lazy to proofread their article.

I was confused by that as well. Nothing in that area has broken ground recently besides the new courthouse project, but even that was more of a ceremonial ground breaking.