There will soon be 72 more affordable housing units in Jersey City because Real Estate Group partner Chuck Harrington secured unanimous board approval for a 353,000-square-foot mixed-use building that will house them. And the building is being built entirely by unionized workers.
The project, which will be located at 693-701 Newark Ave., is the final component of the Homestead Place Pedestrian Walkway Extension that runs just outside of Jersey City’s Journal Square from Pavonia Avenue to Newark Avenue. At 34 stories, the new building will include a 20-foot opening allowing the walkway to pass through it.
In addition to 3,000 square feet of ground floor retail, the building will include a total of 360 units—93 studios, 224 one-bedrooms, 31 two-bedrooms, and 12 three-bedroom apartments. There will be a bike room on the second floor with a service elevator to help cyclists get their bikes to the street, and an amenities floor with an open-roof terrace. Two lots behind the building will provide a minimum of 45 spaces of interim parking.
The Lions Group of Great Neck, NY, is undertaking the development of the project.
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