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The residential component of a plan to restore and redevelop the area around Hoboken Terminal was recently awarded a $90 million tax credit towards the affordable housing component.
G&S Investors is looking to construct the next 802-unit phase of their massive Metro Plaza redevelopment in Jersey City, which will include a modern ShopRite supermarket.
The next portion of redevelopment at Downtown’s Metro Plaza includes a 60-story tower with 118,000-square feet of retail space, a portion of which will house a modern ShopRite supermarket.
The revamped project, dubbed Hoboken Connect, calls for a 20-story office building, 389 residential units, and an overhaul of Lackawanna Plaza into a two-story market and public space.
The company announced in an email to property owners that they are no long pursuing a 50-story redevelopment that would have added a 300-student school to a Downtown Jersey City neighborhood.
A private parking lot in Downtown Newark could be replaced with a 22-story tower.
LCOR has put together a team that looks to design three new buildings while restoring Hoboken Terminal into a marketplace.
The city council has signed off on a scheme that would permit Lennar Multifamily Communities to build a tiered high-rise including 41 workforce housing units, a renovated park, and a 50,000-square foot public school.