Real-Estate Development
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Residential with Retail Space
| Property | Address | Description | Status |
| The Beacon | Montgomery Street at Baldwin Avenue | On the 14-acre site of the former Jersey City Medical Center. This 2 million square foot complex is the largest historic restoration in the country. The 1,200 unit condominium development includes: a gym, yoga studio, juice bar, indoor pool and sauna, a rooftop sundeck equipped for grilling, poker rooms and a billiards hall, plus a day care center. There are also 2 theaters—1 for film and TV screenings and 1 for plays and events. The Beacon includes 10-building. The Rialto (22-stories with 164 condos) and the Capitol (21-stories with 151 condos) were completed in 2008; The Lofts at The Mercury (large live/work spaces from 2,655 to 6,665 square feet with 13-foot ceilings and polished cement floors) are under construction. www.TheBeaconJC.com. Developer: Metrovest Equities www.metrovest.com. |
The Rialto and the Capitol were completed in 2008. The Lofts at The Mercury are under construction |
| The Benson | 380 Newark Avenue | 12-story residential building with 65 residential condominiums and 65 parking spaces, plus 2 ground floor retail spaces. Developer: McDonnell Development Company. | Planned |
| CANCOlofts | 50 Dey Street at Tonnele Avenue | The original home to the American Can Company, CANCOlofts encompasses 3.5 acres totaling 551 condo lofts, 480 parking spaces and 25,300 square feet of retail space. Interior amenities total 15,800 square feet with 12,000 square feet of outdoor garden and terraces. The remaining 6.5 acres is planned to include an additional 750 residental units, 50,000 square feet of retail and 14,000 square feet dedicated to a public park. Developer: COALCO New York, www.cancolofts.com. | First phase completed 2008 |
| Columbus Corner | 143 Christopher Columbus Drive at Barrow & Wayne Streets | One building with – a 7-story, a 4.5-story and a 3-story section. Includes 58 residential units, 45 parking spaces, and 4,925 square feet of retail space. Developer: Five Star Investments. | Planned |
Jersey City Economic Development Corporation
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Paid for by the
Jersey City Urban Enterprise Zone Program © 2008 Jersey City Economic Development Corporation |
There are many outstanding reasons to locate in or relocate to Jersey City, including proximity to New York City and three international airports!