Just a few short years ago, some were wondering if Jersey City’s “other” waterfront was capable of having a building boom like the one happening along the Hudson River. This month, another piece of evidence has emerged demonstrating the comeback of the Hackensack River, as one of the more ambitious developments in the West Side neighborhood has started construction.
Back in 2017, plans for 100 Water Street were initially approved by the city’s planning board. The project combines a whopping 11 lots that are all owned by 100 Water Street Development LLC, a subsidiary of Fields Development Group.
The totals for the entirety of the project are impressive: 621 residential units, 29,086 square feet of retail, and 373 structured parking spaces. The residential units, intended as rentals, break down as 126 studios, 308 one bedrooms, and 187 two bedrooms. A phasing plan was approved by the planning board in January of this year, which was a precursor to construction activity that is humming along at the property.
Jersey Digs has uncovered renderings of the project’s first phase, which is designed by Minno Wasko of Lambertville, N.J. Phase I of 100 Water Street has actually been divided into two separate phases of its own, the first part of which consists of constructing a five-story building containing a total of 145 residential units and 123 parking spaces.
A total of 8,346 square feet of commercial space will be split among the first phase’s six storefronts, with four of them measuring 850 square feet. The largest retail spot, on the corner of Clarke and Bennett Avenues, will clock in at 3,625 square feet, while the final storefront will consist of 1,321 square feet.
After that’s completed, Fields will commence the second leg of Phase I, which will rise four stories and add 88 units to the Clarke Avenue side of the property. Additionally, Yale Avenue, which currently ends just west of Mallory Avenue, will be extended through to Bennett Street as part of the work, and a new connector road between Claremont Avenue and the Yale Avenue extension would also be built.
Amenities featured for the first phase of 100 Water Street include a bicycle room with space for 117 bikes, a resident lounge, and a pool on the first floor of the building. A portion of the initial building’s roof will sport a landscaped courtyard.
As a temporary measure, an interim leasing trailer and two parking lots will be constructed as part of Phase I. The development has two more phases, the second of which will construct a six- and seven-story mixed-use building featuring 310 residential units and 11,057 square feet of retail. This phase of the development will build out the remainder of the project’s 373 garage parking spaces.
The final phase will construct the tallest section of 100 Water Street, a seven-story mixed-use building with 78 residential units and 9,683 square feet of retail. Between the extension of several roads and the elimination of curb cuts around the property, 31 on-street parking spaces will be created around the project.
The development falls within the Water Street Redevelopment Plan Zone, so no affordable units are required. Fields has not yet announced an estimated completion date for the project’s first phase.
