Canco is making a great improvement in JSQ.

If there are more big developers in JSQ area following Canco's footsteps, JSQ will turn out nicely.

Can't wait till the day when the developer starts building the 2 tower on JSQ path, it will be magnificent.

New park across from CANCOlofts in Jersey City will brighten whole neighborhood when it opens next month

Thursday, September 09, 2010
By BRETT WILSHE
JOURNAL STAFF WRITER

In the shadow of the Pulaski Skyway in Jersey City a park is rising.

The new CANCOpark will replace the unused asphalt parking lot across the street from the CANCOlofts condominiums at 50 Dey St., said Jodi Stasse, director of sales and marketing for CANCOlofts.

"It's part of our master plan to enhance the whole neighborhood," Stasse added, noting the park will be open to the public.

Ground was broken on the park that will take up about a third of an acre on Aug. 11, said Stewart Osborne, director of development for Coalco, the builder of the loft complex.

The park, to be completed next month, will feature an "orchard" of trees that will be lit up at night by ground lighting, park benches, and a terraced layout, he said, noting that the park's perimeter will be lined with bamboo shoots in raised planters.

New York developer Coalco, which converted the American Can Company factory into CANCOlofts, is building the park in exchange for the city allowing a higher density in the development than is typically allowed.

This translates into taller buildings, and will secure extra floors on future towers, Jersey City Assistant Planner Maryann Bucci-Carter said at a City Council caucus in March.

Rodney Hadley, the city's director of the Division of Parks and Forestry, sees the park as a welcome addition to the neighborhood.

"There are not enough parks in that area, so it's ideal," he said. "Green space is needed there."