New 35 floor building for JSQ
https://jcitytimes.com/city-council-...re-skyscraper/
Quote:
At its meeting on Nov. 28, the Jersey City Municipal Council introduced an ordinance that would allow for the construction of a new skyscraper in Journal Square: a 35-story building at 701 Newark Ave. where there is currently a parking lot.
Requested by city business administrator John Metro, the ordinance would amend the Journal Square 2060 Redevelopment Plan and allow for an unrestricted number of units per acre (or floor area ratio). Instead, the developer would be constrained by area, yard, and bulk requirements.
According to Metro, the building would be eligible for a 20 percent affordable housing bonus (also known as the Homestead Place Extension Bonus) and an office space bonus that would permit two additional stories if they were reserved for office space.
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It looks like this replaces the crappy "Dream Hotel" proposal for the site. (I say crappy because they at least could have done a better rendering)
https://jerseydigs.com/dream-tower-s...e-jersey-city/