KRE’s Marin Residences Coming to 515 Marin Blvd

marin residences jersey city rendering
Credit: Hollwich Kushner

Directly across from the Newport Mall, the KRE Group and Claremont Properties have a project underway dubbed “Marin Residences”. Designed by HWKN Architects, the 17-story mixed-use project will bring 397 residences to the area. KRE has pledged to dedicate 20% of the units as affordable housing.

Marin Residences will rise on a former parking lot of Unico Towers that was purchased for $13.2 million in December 2014. To compensate for the loss of parking, a 261 space garage is planned. Also a 30,000 square feet passive sitting area will be made available to the public.

Marin Residences Park

The new development will also bring 20,000 square feet of street level retail space to a rather barren stretch of Marin Blvd, increasing walkability and adding a streetscape to an incredibly poorly planned area of Jersey City.

After receiving a height variance from Jersey City and a $40 million tax break from New Jersey, KRE is ready to move forward with the project. Completion is expected in August 2017.

515 Marin Jersey City Rendering


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