Construction Well Underway at 3 Journal Square

1
3 Journal Square Plaza Construction
3 Journal Square Plaza Construction

3 Journal Square is another Journal Square project that is currently under construction. Developed by Hartz Mountain and Panepinto Properties, the new 13-story building will sit atop an existing 4 story parking structure. The new building was designed by Marchetto Higgins Stieve Architect and will house 240 residential units and feature an “eco-friendly green roof.”

3 Journal Square sitting atop an existing parking
3 Journal Square sitting atop an existing parking

The project applied for a 30-year tax abatement in November 2014. Prior to that, it also received $19 million in state tax credits.


Construction is expected to be completed in 2017.

Original reports stated, “Monthly rents at 3 Journal Square would range from $1,588 for a studio to $2,468 for a three-bedroom unit.”


[gmap height=”250px”]1 Journal Square, Jersey City, NJ 07306[/gmap]

3 Journal Square Plaza, Jersey City, NJ 07306

 

--

Have something to add to this story? Email [email protected].

Click here to sign up for Jersey Dig's free emails and news alerts. Stay up-to-date by following Jersey Digs on Twitter and Instagram, and liking us on Facebook.

1 COMMENT

LEAVE A REPLY

COMMENTING POLICY: At Jersey Digs, our goal is to inspire thoughtful and respectful conversations. We ask that you keep a level head and an open mind as you discuss the complex issues facing our community. Members who are unable to maintain civility may be blocked from commenting and have their posts removed.

Please enter your comment!
Please enter your name here