In downtown Jersey City, Lennar recently held a ceremony to mark the official topping out of their 18-story The Lively building at 321 Warren Street.
The project marks Lennar’s, or more specifically, their subsidiary LMC’s first foray into Jersey City’s surging downtown market.
“The topping out symbolizes a milestone in the development process and brings us one step closer to officially joining the resurging downtown district of Jersey City. The area continues to emerge as an attractive destination for new residents, and we’re thrilled to provide a unique luxury living experience in the heart of the energetic and eclectic Powerhouse Arts District,” said Greg Belew, division president of the New York Tri-State region for LMC.
In addition to topping out, Lennar also announced that Lackawanna Coffee has signed on to open its third coffee shop in The Lively’s 1,343 square feet of ground-floor retail space.
As a nod to its location in the Powerhouse Arts District, the project includes plans for a 14,200-square-foot theater. The new black box theater with a dramatic ground-floor lobby will serve as the area’s first large-scale theater, which will be operated by Nimbus Dance Works.
Towered over by neighboring buildings, the seemingly small 18-story building, designed by Fogarty Finger, will house 180 apartment homes offering residents a more boutique experience while still providing the perks of luxury high-rise living.
LMC officially broke ground on the project last summer. Now, with vertical construction complete, LMC anticipates a fall 2019 opening for The Lively.