1. Introduction/Description of the Project:
a. Type of Project: High-rise Commercial and Residential Building
b. Location: 1 Journal Square Plaza, Jersey City, NJ 07306
c. Type of Project: Private Project
d. Approximate Budget: $821 million
e. Area: 2 million Sq. Ft.
f. Development by - Kushner Companies and KABR
g. Project brief: {Refer Annexure B}
i. Commercial:
10-story mixed-use podium with a cellar.
Access to above-grade parking garage.
Below-grade loading areas and building services.
Retail spaces on ground and second levels.
ii. Residential:
Two towers, 756 rental apartment units each (total 1723 units) with shared amenities
Depiction of the density of residential apartments of all upcoming and completed projects due to increase in demand
The Design Brief:
Following the successful resolution of recent litigation with Jersey City, a new design has been released for Kushner Companies’ planned two-towered high rise residential development at 1 Journal Square Plaza, in Jersey City‘s Journal Square. Also known as 1 Journal Square, construction is expected to break ground in 2021. The revised designs would add two major skyscrapers to the neighbourhood’s growing skyline, both standing over 700 feet to their rooftops.
The updated designs by Woods Bagot depict a 1,998,875-square-foot massing comprised of a nine-story podium with two 51-story towers above, all of which tops out at 710 feet. Components of the podium include 297,651 square feet of residential, 318,296 square feet of parking, 41,227 square feet of retail, and 4,684 square feet of shared services. There will be 211 residential units spread across the nine floors, 883 parking spaces distributed across 10 floors, and one floor each for shared services and retail. Together the towers yield an additional 1,325,381 square feet of residential space across the 51 floors, and also one floor of amenity space. The north tower will have 755 units and the south tower will have 757 units, in a mix of studios, one-, and twobedroom residences. In addition to that mix, the podium will also have 36 three-bedroom homes.
Property Address 1 Journal Square Plaza, Jersey City, NJ 07306 Municipality Jersey City, NJ Property Block/Lot Bl 9501, Lot 23 Prior Use Empty Lot Zoning District or Redevelopment Area Journal Square 2060 Redevelopment
