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BLDG DETAILS PLAN FOR 1,300-UNIT
RENTAL PROJECT IN JERSEY CITY
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 fi rm 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-
fl oor sky bridge, offering unit types
ranging from smaller fl oorplans for
single individuals to larger homes for
families.
The property would also fi ll 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 fi rm 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
offi cer of BLDG
Justin Kleinman
Management
Co. Inc. “We’re proud to advance
a project that brings world-class,
iconic design, meaningful affordable
housing, and lasting community
benefi t to one of the region’s most
dynamic urban centers.”
The developer, meantime, said
the high-rises would have slender
profi les 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 include
a signifi cant porte cochère and
covered drive-up entrance within
the property footprint, bringing
traffi c off the street. Other features
will include a below-grade loading
dock, BLDG said, noting that the
development will generate signifi cant
property tax income for Jersey City
and is expected to create hundreds
of construction, building operations
and retail jobs.
Rendering by Pelli Clarke & Partners
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.
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