Re: 42-story residential tower on tap for Journal Square

Posted by Stringer on 2018/2/12 15:57:06

Eight-year fight over Jersey City tower plan could be nearing conclusion

JERSEY CITY — An eight-year-old effort by a company hoping to get a high-rise built near Journal Square may be nearing a conclusion, with the City Council this week scheduled to approve an ordinance required by a 2012 settlement between the city and property owners.

The ordinance set for initial approval on Wednesday would vacate a portion of West Street, a 250-foot, dead-end road off Magnolia Avenue, to make way for a potentially 42-story tower just east of Summit Avenue. The city agreed under the previous mayor, Jerramiah Healy, to give that portion of the street to the property owners, now Hap Investments, to settle a lawsuit. ... ity_plan_could_be_ne.html

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