A project by BLDG Management would bring roughly 1,300 apartments to 100 Bay St. in Jersey City as part of a two-tower, 1.6-million-square-foot development. — Rendering by Pelli Clarke & Partners
By Joshua Burd
BLDG Management has unveiled a proposal for a new two-tower, 1.6-million-square-foot multifamily property that would add some 1,300 apartments to downtown Jersey City.
The firm said the project, located at 100 Bay St., would rise in the acclaimed Powerhouse Arts District with what it described as a sculptural design that incorporates the neighborhood’s artistic legacy. That would include a single residential building with a podium base and towers of 90 and 40 stories, which will be connected by a 40th-floor sky bridge, offering unit types ranging from smaller floorplans for single individuals to larger homes for families.
The property would also fill a key need, New York-based BLDG said, noting that its plan calls for a 20 percent affordable housing component. It would do so with what the firm hailed as world-class architecture by Pelli Clarke & Partners, implementing previously approved elements required by Jersey City under a development agreement with the property owner, which was approved in a federal court consent order.
“The 100 Bay Street plan underscores our long-term commitment to Jersey City’s continued growth and economic vitality,” said Justin Kleinman, executive vice president and chief operating officer of BLDG Management Co. Inc. “We’re proud to advance a project that brings world-class, iconic design, meaningful affordable housing, and lasting community benefit to one of the region’s most dynamic urban centers.”
The developer, meantime, said the high-rises would have slender profiles to allow more natural light to reach the streetscape and enhance views for both residents and neighbors. The larger of the two structures, at 1055 feet, will be the fourth-tallest residential tower in the greater New York City metro area and the U.S., while it will contain abundant recreational space for tenants and the community and some 29,000 square feet of indoor and outdoor retail space at the ground level.
BLDG added that residents will be 1,300 feet from a PATH station, one of three within walking distance of the site. Also nearby are a ferry station and two Hudson-Bergen Light Rail stations.
The project’s design will also include a significant porte cochère and covered drive-up entrance within the property footprint, bringing traffic off the street. Other features will include a below-grade loading dock, BLDG said, noting that the development will generate significant property tax income for Jersey City and is expected to create hundreds of construction, building operations and retail jobs.
