I’ve been way too busy this past month, sorry for the lack of updates.
Here are all multifamily buildings that have gotten construction permits in the past month (from largest to smallest). About 280 units’ worth. I’ve been past all of these projects recently and they were all in the excavation or pile driving phase:
Past month recap. Things seem to have slowed down even more.
413 Summit Ave, a 148-unit, 18-story building with 4,865 sq ft of retail and 16 underground parking spots in Journal Square (on October 5 2020): https://t.co/GpsYm0gdZn?amp=1
56 Cottage St, a 26-unit, 5-story building with no parking in Journal Square got its permits on 10/1/2020 (next but distinct from 60 Cottage St which is also U/C):
503 Communipaw is already under construction last I saw. I finally have an account with the SDL Portal. It’s quite useful lol. There should be new permits up soon for the next phase of the NJCU University Place development. Also for a new building of St. Peters University on Montgomery.
I’ll update this post over the next few hours/days with photos corresponding with some of those recent permit sites, and also some others that have started recently.
413 Summit - this is from a month ago but it looked the same yesterday when I biked by
There’s a few others that I’ve passed that have either started (with older permits), recently pulled permits, or have some work going on but haven’t yet pulled any permits.
678-684 Grand Street, a 60-unit, 5 story building with retail and 65 parking spaces. This permit was actually pulled in 2018 for the construction, but just recently the site was graded and surrounded by a construction fence. They were trying to flip the site for a while if I remember correctly. https://www.sdlportal.com/towns/nj/hudson/jerseycity/building/permits/137557
643-652 Grand Street, a 4-story, 48 unit building with retail and 22 parking spots. No permits pulled yet, but the gas station was closed and surrounded by a fence. Keep an eye on this one.
There’s a few more I can add to this list soon, but it’s still being reviewed. I was speaking to some people about the state of development in the city, and they tell me things have definitely slowed. Projects we see now are the ones with financing and they want to get finished. Hopefully it doesn’t last long.
244 St. Pauls Ave is already putting up the first floor, it’s looking great!
Here’s a chart I put together showing the 12-month moving average of units permitted since Jan 1, 2020. About a 50% drop year-over-year even after including 618 Pavonia:
