Fulop expects nimble approach to development in Jersey City, with major projects still to come

Jersey City is still in the earliest stages of its well-chronicled renaissance, the city’s mayor said Thursday, while projecting a nimble approach to development in the face of economic headwinds and a continued focus on lesser-known neighborhoods outside the downtown.

Kushner, Fulop join to break ground on long-awaited One Journal Square project

Slated for completion in 2026, One Journal Square will comprise two 64-story glass towers housing 1,723 residential units, 45,000 square feet of upscale amenities and 40,000 square feet of ground-floor retail space. — Courtesy: Kushner By Joshua Burd Construction is…

Developer nabs $26 million loan for Journal Square micro-apartments

The developer of 122 micro-apartments in Jersey City’s Journal Square has secured a $25.5 million loan for the property, according to brokers with JLL.

Urby, Panepinto secure $88 million loan for 317-unit Journal Square high-rise, JLL says

A joint venture has landed nearly $90 million in financing for its development of a 317-unit apartment tower in Jersey City, according to a debt placement team with JLL.

Progress Capital sources $14 million refi loan for new Journal Square apartments

The owner of a new 79-unit apartment building in Jersey City has refinanced the property for $14 million, according to a debt placement team with Progress Capital.

Developer lands $96 million loan from SCALE, eyeing another 811 units in Journal Square

A developer has landed nearly $100 million in financing to both break ground on 235 apartments and acquire a nearby site that is approved for another 576 units, with both parcels located in Jersey City’s historic and re-emerging Journal Square neighborhood.

Arden, Spitzer detail plans for 390-unit apartment tower in Journal Square

A joint venture is eyeing a 2024 delivery for a planned 26-story, 390-unit apartment tower adjacent to the busy Journal Square PATH station in Jersey City.

Developers kick off 600-unit third phase of Journal Squared project

Construction is underway on the final phase of the acclaimed Journal Squared project in Jersey City, with plans calling for 600 new apartments amid continued demand at the property.

Passaic County, eyeing reuse of Toys R Us campus, among eight to receive EDA grants

The state is helping to jumpstart efforts to repurpose the sprawling former Toys R Us campus in Wayne, thanks to one of eight newly approved grants by the Economic Development Authority.

Jersey City: Newly opened micro-apartment building hits the market for sale

A developer is seeking a buyer for a newly completed, 122-unit collection of so-called micro-apartments in Jersey City, in an offering by JLL’s New Jersey capital markets team.