Plans to revitalize vacant land near one of the city’s elementary schools quietly moved forward last month and a new four-story project could soon be rising on the Downtown parcels.
During their June 18 meeting, Jersey City’s zoning board approved a scheme that would bring new development to 377-383 4th Street by a 7-0 vote. The application was submitted by Alan Cancro, who owns all four of the lots included in the proposal that total over 9,000 square feet.
Cancro has been involved in other Jersey City real estate ventures like a proposal near the Five Corners from 2018. His latest project is designed by Hampton Hill Architecture and would rise just over 47 feet directly next to Dr. Michael Conti Public School #5.
The development’s ground floor would feature a lobby complete with elevator, bicycle parking area for 10 bikes, residences, and a rear landscaped area behind the building.
The units in the development, which thus far have not been specified as being rentals or condominiums, break down as 13 one-bedroom spaces with an average size of 729-square feet plus 7 two-bedroom units that run about 1,329-square feet each.
377 Fourth Street includes no off-street parking but will sport a roof deck of about 1,800-square feet to be accessed via the property’s elevator. The development will utilize a cast stone on the first-floor exterior followed by a mostly brick facade with a metal cornice. The western portion of the project features large floor to ceiling windows and composite aluminum metal components.
The properties fall within a R-5 zoning district and the board granted the project two variances via their approvals. The first deviation related to the development’s density for including 20 units where 17 are permitted and the second exception was for minimum parking, as 10 spaces are required in the project under R-5 zoning.
The development’s application says the parking variance was requested “due to the close proximity to mass transportation.” Despite the approvals, there hasn’t been any announcement as to when the development might break ground.
