While the more infamous Kushners duke it out with the city over their Journal Square project, the other Kushners are full steam ahead developing in Jersey City. Earlier this year, the KRE Group launched 485 Marin Street in the Hamilton Park area, now the company is moving forward with the second phase of their bellwether Journal Squared project.
The company officially broke ground last year but only last week did vertical construction begin on the second of three planned towers for the site. This tower is the project’s tallest, rising 70 stories and 759 feet. Phase two of Journal Squared is expected to be completed in late 2020 and will bring about 600 apartments into the mix.
Once finished the three-tower project will house over 1,800 residential units along with a mix of office and retail space. The project was designed by Handel Architects and Hollwich Kushner. The first tower, which rises 54-stories, topped out in December 2015.