A Pep Boys facility is slated to meet the wrecking ball and be replaced with a 30-story mixed-use development that includes office space plus a penthouse restaurant.
The company is moving forward with a plan to redevelop their former headquarters into a 195-room lodging facility that would include a restaurant, offices, event space, and rooftop pool.
The dramatic event has already raised big money for a local organization and will create ten acres of vacant land that front the city’s iconic boardwalk.
The city has filed a lawsuit over a long-stalled hotel venture that claims the company behind the endeavor has gone bankrupt and defaulted on a redevelopment agreement.
Jersey Digs reported in October that the old Capital One bank site at 201 Newark Avenue in Jersey City had been sold for more than $5 million. Now, we’ve learned that a 100-room hotel called “The Albion” and a restaurant could come to the premises.
Jersey City’s planning board has greenlit a scheme to transform almost two acres of land into an eight-story event and lodging facility that includes 123 guest rooms.
The 211-room hotel, which sports a bistro and bar with an outdoor terrace on the second floor, held a ceremony earlier this month to officially mark their arrival in the Powerhouse Arts District.
The shuttered casino will be imploded early next year and the cleanup of the 10-acre waterfront site is slated to wrap up by June 2021.
The 211-room hotel will include a ground floor bistro featuring a cocktail menu from the company that curated NYC’s Death & Co.
A proposal that would transform almost two acres along the city’s western fringe includes 17 units for homeless veterans and $3 million towards the construction of a community center and pool that the city currently lacks.