Development

Newark's popular Ironbound neighborhood could soon see a new residential development. According to a listing posted on LoopNet, a building called Vesey Street Commons is slated for development at 115 Chestnut Street.

In the nearly 17 years since the first riders boarded the Hudson-Bergen Light Rail, buildings containing thousands of residential units have risen within walking distance of many of its 24 stations. Now, development could soon be centered around a stop in Jersey City’s Bergen-Lafayette.

Construction is currently underway to convert the four-story building at 118-126 Green Street, at the northeast corner of New Jersey Railroad Avenue in the Ironbound neighborhood of Newark's East Ward, into the five-story Textile Lofts development.

For over a decade, a large lot has sat vacant along a heavily-traveled corridor in the Greenville neighborhood of Jersey City. Now, developers are planning to build a new 5-story residential building on the site.

Two projects that stalled following the real estate downturn are seeing new activity. Plans have been revealed to finish an abandoned 3-story residential project at 310-316 Clinton Avenue and a stalled strip mall has been converted into the Mary Elizabeth Mahoney Women’s Health and Wellness Center.

Hoboken’s Stevens Institute of Technology recently opened a new facility and has broken ground on another one, marking the beginning of what should be a busy year of construction on the historic campus.

The development surge in Jersey City is pushing further south to Greenville with this new 24-unit project on Bergen Avenue near Audobon Park.

The official groundbreaking for Bijou Properties’ latest venture was held on Tuesday afternoon, and some new renderings of the project were released that should excite the neighborhood about the amenities that are coming.

A symbol of Newark’s past is becoming a part of its future as an industrial facility in one of the city’s most dense neighborhoods is being converted into residential use.

A redevelopment project is in the works that will demolish the existing American Legion Post 107 and replace it with a new building that will provide legion space along with apartments for veterans experiencing homelessness.