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Re: Journal Squared Project to Begin
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Just can't stay away
 
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Stringer, that rendering is not the Journal Squared project. It is the other megaproject which is still stalled. The article has the correct rendering of the three-tower complex.
Posted on: 2014/11/21 12:48
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Re: Journal Squared Project to Begin
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Just can't stay away
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I rarely walk out of this side of JSQ. Has the work been going on there the last month?
Posted on: 2014/11/21 10:18
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Home away from home
 
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Journal Squared rental towers will bring 1,838 residences to site
November 21, 2014, 1:21 AM Jersey City Mayor Steven Fulop joined officials from development partners The KRE Group and National Real Estate Advisors (National) on Tuesday, Oct. 21 to officially break ground on "Journal Squared," a three-tower, mixed-use development adjacent to the Journal Square PATH Station that is expected to fuel the revitalization of the massive transportation hub and serve as the centerpiece of a resurgent urban neighborhood. Rising at the intersection of Pavonia and Summit Avenues, the new development will comprise 1,838 rental residences and 36,000 square feet of retail and restaurant space in 53-, 60- and 70-story towers ? the latter of which will be the tallest residential building in New Jersey. The transformative project will also include a pedestrian-friendly public plaza. The collective elements of Journal Squared will reenergize the City?s largest transportation center and benefit current and future residents, business owners, area employees and commuters. "This is an exciting day because this is really a game-changer for Jersey City in so many ways," Mayor Fulop said. "This project is going to change Jersey City, and it?s certainly going to change Journal Square. When all three towers are complete, it will literally transform and recreate the entire Jersey City skyline. That is no small accomplishment and nothing short of something that the entire City should be proud of." Phase I of Journal Squared will be a 53-story building with 538 rental apartments that is scheduled for completion by the end of 2016. Phase II will include 700 rental residences in a 70-story building, while Phase III will feature 600 rental homes in a 60-story building. A total of 920 parking spaces will also be included in the development. The developers will pursue LEED certification for all three buildings. Read more: http://www.northjersey.com/real-estat ... idences-to-site-1.1138578 
Posted on: 2014/11/21 9:48
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Re: Journal Squared Project to Begin
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Just can't stay away
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Real estate value around JSQ going UP UP UP and UP!
Posted on: 2014/10/21 20:39
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Home away from home
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Developer breaks ground on 'Journal Squared,' tallest residential building in state
By Jonathan Lin | The Jersey Journal on October 21, 2014 at 2:57 PM, updated October 21, 2014 at 2:59 PM Game changer. Transformative. Incredible. These were just some of the words used by Jersey City officials and developer KRE Group at the groundbreaking ceremony this morning for "Journal Squared," a massive, three-tower project at the heart of the city which, upon completion, will boast the tallest residential building in New Jersey. "This project which we're undertaking today is truly a transformative project -- transformative for this wonderful city of Jersey City, and for the state of New Jersey," said Murray Kushner, KRE Group chairman, before a gathering of about 100 people. "The design, the scale, the scope of this project, and the importance of this project to restoring the historical significance of Journal Square are self-evident." JJ piece? http://www.nj.com/hudson/index.ssf/20 ... lopment.html#incart_river
Posted on: 2014/10/21 19:59
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Home away from home
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really can't jersey do better than 70 stories when 100 stories is becoming the norm?
Posted on: 2014/8/11 22:43
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(lol it looks like the JJ trolls JCList for news stories)
Construction on Jersey City's massive three-tower residential development begins By Jonathan Lin | The Jersey Journal on August 11, 2014 at 1:12 PM Construction on "Journal Squared," a massive three-tower project that will include the tallest residential building in New Jersey has begun in Jersey City's Journal Square. The KRE Group project, which is located between Magnolia, Pavonia, and Summit avenues, just east of the Port Authority transportation hub will include a 54-story tower with 540 units; a 70-story tower with 700 units; and a 60-story tower with 600 units. The project received a 30-year tax abatement from the city last November. Once completed, the 70-story tower is expected to be the tallest residential building in New Jersey, according to Hollwich Kushner's website, surpassing the 55-story Trump Tower Residences in Downtown Jersey City, which opened in 2008. JJ piece.. http://www.nj.com/hudson/index.ssf/20 ... veloper.html#incart_river
Posted on: 2014/8/11 17:36
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Re: Journal Squared Project to Begin
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Home away from home
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Yes indeed?I went by today (8/2/2014) and sure enough there is a massive 2 story hole excavated on the lot with mountains of dirt next to it. Tractors galore and what looks like black foundation footings. Unless JScare got hit with a meteorite or someone revealed yet another interment spot for Hoffa I would say foundation work on the first tower has begun. The old white Bell Telephone building is still standing but I think that is where tower three is going so I guess there is no rush to take it down.
. This is the architect?s web site with 7 images. (they also did 18 Park. I love the seventh image of the JSquare towers via the iPhone) . http://hwkn.com/#JOURNAL-SQUARED-J2 .
Posted on: 2014/8/3 0:14
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Re: Journal Squared Project to Begin
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Just can't stay away
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And you call yourself "jcguy".
Posted on: 2014/8/1 14:41
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Re: Journal Squared Project to Begin
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Home away from home
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i dont believe it! you mean they actually started building??
Posted on: 2014/7/31 18:35
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Home away from home
Joined:
2007/8/1 19:34 Last Login : 2022/4/27 19:59 From journal square
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269
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someone snap some pics!
Posted on: 2014/7/31 16:49
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Home away from home
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Really? what's happening now?
Posted on: 2014/7/30 23:32
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Just can't stay away
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Finally, this project is kicking into high gear!
Posted on: 2014/7/30 23:23
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Gas main break at site of $666 million project closes Jersey City roads for hour
By Michaelangelo Conte/The Jersey Journal January 31, 2014 at 7:40 PM A gas main was ruptured at a site undergoing demolition work adjacent to Jersey City?s Journal Square Transportation Center this afternoon, causing streets to be closed in the area. The gas line break occurred at 3 p.m. at the KRE construction site at Pavonia and Summit avenues. The $666 million KRE project calls for 54-story tower with 540 units, a 70-story tower with 700 units and a 60-story tower with 600 units. The developer is KRE Group, headed by Murray Kushner. Construction of the first tower is to take three years to complete. The final tower is expected to be complete in 2029. By 4 p.m. all streets around Journal Square were reopened. Officials at the transportation hub said that buses were temporarily delayed after the roads were closed, but that by 5 p.m. the buses were all on schedule. http://www.nj.com/hudson/index.ssf/20 ... cts_nj_transit_buses.html
Posted on: 2014/2/1 6:54
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Home away from home
Joined:
2013/3/29 21:43 Last Login : 2023/9/5 18:27 From Bergen Hill
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1980
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You stated it already. The city would like to replace residents that are currently paying little to no taxes with those that will pour it in. Additionally, by attracting individuals that will spend more, and spend more locally, the services will have to improve. This isn't about making life more expensive for you. Bringing in new, high quality of life residents should decrease your cost. The only downside would be that you might not be able to afford Downtown. Something with deeper pockets would replace you Downtown and then you can replace someone in McGuinley Square.
Posted on: 2014/1/14 1:35
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Dos A Cero
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Home away from home
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It depends on what you are hoping can be improved upon for existing residents. If, as appears to be the case outside of DTJC, a great many of the existing residents are poor or elderly, any improvements to the social safety net are going to require a bigger tax levy - thus "new", presumably more affluent residents, more highly valued developments, etc. e Quality of life/infrusturcture enhancments we ALL will benefit from - more parks, greenways, a better quality of local stores etc., will get some public money but importantly - depend on the influx of the same "new" residents (and I think we need to be honest about who these people are - professionals, educated, more demanding and willing to pay for amenities ) creating the demand. The 99 Cent stores are there because of supply and demand, not as part of a planning strategy.
Posted on: 2014/1/13 18:46
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The Regional Plan Authority is considered, in urban planning policy circles, the "gold standard" in this type of research. Check this out for starters, their publication library is easy to search: http://library.rpa.org/pdf/RPA-Tomorrows-Transit.pdf
Posted on: 2014/1/13 18:30
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(wow if there weren't any pictures I bet no one would believe progress has finally hit JSquare, I don't love the tall towers but we need SOMETHING up there. It's been promised for way too long. )
Demolition underway in Jersey City to make room for $666 million residential towers By Michaelangelo Conte/The Jersey Journal on January 10, 2014 at 5:44 PM, updated January 10, 2014 at 6:34 PM Major demolition is underway in Journal Square, where several buildings, including two large, five-story, brick buildings are being devoured by demolition machines to make way for a $666 million residential towers project. JJ piece... http://www.nj.com/hudson/index.ssf/20 ... _towers.html#incart_river
Posted on: 2014/1/11 0:07
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Re: Journal Squared Project to Begin
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Just can't stay away
Joined:
2005/9/27 20:08 Last Login : 2022/9/6 11:43 From Historic Downtown
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They broke ground next to the funeral home last week, looks like the foundation work for the first phase, asbestos removal completed in the apartment house, looks like the fun is about to begin.
Posted on: 2013/12/19 21:42
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Re: Journal Squared Project to Begin
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Site prep work. They removed a number of underground heating oil storage tanks over the summer.
Posted on: 2013/10/8 12:33
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Re: Journal Squared Project to Begin
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have they actually started work on these projects.
Posted on: 2013/10/8 4:53
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There's not nearly as much money to be made in that.
Posted on: 2013/10/7 23:10
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Re: Journal Squared Project to Begin
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So CuriousCat, did you move to Grove Pointe yet? I saw a moving van in front of the buiding last week. What kind of "deal" did you get?
Posted on: 2013/10/7 21:14
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Agree.To add to your list: we need people who do not litter and to treat the community we live in with care and respect.
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Posted on: 2013/7/31 18:17
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we don't need additional people, we need to replace the current homeless people who are a drain on our tax dollars and who are given freedom to harass people with tax paying citizens with steady jobs. We need to replace the 99 cent business owners who are giving the impression that JC is a ghetto with storefronts that actually bring value to the city. We also need to REPLACE the current criminals with law abiding citizens (not so much a problem in jsquare as much as greenville and bergen lafayette). And throughout JC, we need to replace teens with no regard for the value of their education with teens and young adults who aspire to be professionals. We also need to understand that, as a community, the biggest problems in JC are NOT abatements. The biggest problems in JC are violent Crime in Greenville and Bergen Lafayette, Lack of any good public school (except mcnair) in JC, and lack of caring about our reputation - do something about the homeless already, try and attract some good businesses to the city so we reduce the flow of jc residents going to nyc for shopping, food, entertainment, groceries..
Posted on: 2013/7/31 16:40
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Re: Journal Squared Project to Begin
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Maybe I'm missing something (always a possibility). Why are we so concerned with attracting new people to JC, we're incredibly densely populated as it stands.
Why aren't we just focusing on making it better for EXISTING residents? We don't really need new people at all, unless the city is planning to replace those in abject poverty with tax payers, which would net out positive. But if we're talking about just attracting new residents, why? Are rents not expensive enough (from a supply/demand standpoint)?
Posted on: 2013/7/31 16:02
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Re: Journal Squared Project to Begin
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I wasn't the one advocating incentives. I just jumped in to point out that incentives can take many forms. In the end, it is all about money. But I think it is a much better investment to provide incentives in the form of better services, lower crime, etc. Glad to see you agree with that.
Posted on: 2013/7/31 14:58
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Yes, of course, lowering crime and giving people better transportation options and better restaurants and cultural things t do is worthwhile imo. i thought you were talking about cash incentives
Posted on: 2013/7/31 14:41
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While I certainly believe that we should let market forces drive people's living/work decisions, the idea of incentives can not be discounted. The government (local, county, state) can incentivize people to move here by lowering crime, improving city life and providing for a clean, reliable and safe mode of transportation (like the light rail) while also incentivizing businesses with limited tax-breaks, or well thought-out subsidies.
Already, MANY Wall Street firms are moving back room operations to JC. Certainly, some of my larger clients have relocated to JC in recent years, and others are in the process of doing so. I see a LOT of businesses coming, which should help improve the tax base, which should result (in theory, and hopefully) in better government services. The problem is not just the attitude of NYers. I know many people who reside in NJ who are now working in JC (because of office relocations to Exchange Place/Newport/Harsimus Cove) and who refuse to move to JC. Why? They don't necessarily feel safe, comfortable here. They still see JC as it was in the 80's/90's. In the end, people will only relocate to JC if all the "pluses" outweigh the "cons" of doing so, including surpassing their current living situation elsewhere. Truth be told, some people will rather live in Summit, Short Hills, etc. than in the JC urban jungle. To each their own. I like it here, so I am not going anywhere, but I can definitely see/understand the thinking/logic of others.
Posted on: 2013/7/31 14:38
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I don't see why the gov't needs to give people incentives to live in JC. Let the market take care of that. Let developers come up with better projects that will attract people, ie look at forward-thinking Williamsburg re-development plans vs. STAID plans of JC builders.
Posted on: 2013/7/31 12:38
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