7 Seventy House, a 424-unit apartment building at 700 Jackson St. in Hoboken — Courtesy: Bijou Properties
By Joshua Burd
A joint venture has all but completed its lease-up of 424 new high-end apartments on Hoboken’s burgeoning west side.
According to Bijou Properties, which developed the building in partnership with Intercontinental Real Estate Corp., the project known as 7 Seventy House has enjoyed brisk activity during the spring. That has brought the 14-story building at 700 Jackson St. to nearly full occupancy, which comes about 18 months after the launch of leasing and after navigating the COVID-19 crisis.
The ownership group said it has done so thanks in part to renters’ demand for larger living spaces suited for remote work and a host of outdoor amenity spaces.
“The needs of today’s urban renter changed almost immediately at the onset of the pandemic and the forward-thinking design of 7 Seventy House had it perfectly positioned to satisfy new apartment ‘must haves,” said Larry Bijou, managing partner of Hoboken-based Bijou Properties. “It has large floorplans to accommodate those seeking more space or rooms that could be converted to a home office, and the amenity package is thoughtfully spread across multiple floors to create a complete lifestyle experience that’s void of crowds and congestion. It’s the ideal rental environment when considering the unordinary conditions prevalent today.”
Designed by Marchetto Higgins Stieve Architects, 7 Seventy House includes floorplans ranging from studio to three-bedroom units, with monthly rents starting from the low $2,000s. It also houses roughly 90,000 square feet of amenity space, including a penthouse pool and roof deck with lounge seating, fire pits and grilling stations, outdoor gardens and a multilevel gym, along with a play room, game room and on-site dog park.
Bijou developed the building in conjunction with a two-acre public park at 7th and Jackson streets that provides a children’s playground, a one-acre green space designed for active and passive recreation uses, a modern 6,835-square-foot community gymnasium and infrastructure to capture more than 450,000 gallons of rainwater to reduce flooding, according to a news release. The property is also steps from the Hudson-Bergen Light Rail’s 9th Street station and minutes from downtown Hoboken.