Massive project by Ironstate, Panepinto has anchored a revival in Jersey City neighborhood

Over the past 15 years, Panepinto Properties and Ironstate Development have transformed an entire block in the heart of downtown Jersey City, delivering three towers with nearly 1,500 apartments, along with a 152-key hotel, a 1,000-space parking garage and street-level retail space along Columbus Drive. In the process, they have anchored the resurgence of a neighborhood just a few blocks from the Hudson River, paving the way for other projects in the booming multifamily submarket.

Ironstate, Panepinto cap off Jersey City project with 539-unit rental tower (SLIDESHOW)

Ironstate Development Co. and Panepinto Properties have taken the wraps off the last piece of a multiphase, mixed-use project that has brought nearly 1,500 new apartments and a hotel to downtown Jersey City over the course of a decade.