Saint Peter’s Tower Hopes to Transform McGinley Square

700 Montgomery Rendering
Credit: KPN Architects

Saint Peter’s University has received approval to build a 21-story tower at 688-700 Montgomery Street that’s currently being using for parking. The University is building the tower in partnership with Maryland based developer Sora Development.

The $220 million project, designed by KPN Architects, contains 595 dwelling units, broken down into a 300 bed dormitory and 420 high-end rental units, as well as 717 parking spaces and 100,146 square feet of retail and office space. Anchoring the retail component will be premium restaurant space and a 2,200 seat, 12-plex movie theater. A rooftop pool is also included in the plan.

700 Montgomery Rendering 3
Credit: KPN Architects

As KPN Architects explains, they “design[ed] this state-of-the-art building with an eye towards creating a lasting impact on the city skyline and acknowledging the University’s many years of presence in the City as a major member of the community. Intended to glow amidst the evening sky, the “Sails” that crown the building offers a symbolic metaphor consistent with the University’s mission of educating young men and women to be future leaders.”

Credit: KPN Architects
Credit: KPN Architects

The project received unanimous approval from the planning board in August 2014.

700 Montgomery Rendering 4

Located in the long neglected McGinley Square, the new tower is expected to set off a wave of new development. Other projects in the area include 725 Bergen Ave and 720 Bergen Ave.

[gmap height=”250px”]698 Montgomery St, Jersey City, NJ 07306[/gmap]

700 Montgomery St, Jersey City, NJ 07306



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