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Old Posted Jun 17, 2019, 8:30 PM
C. C. is offline
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Talking JERSEY CITY | Bates Street Development | FT | 50 FLOORS x 4

This is HUGE for the area. I saw the revisions made to the Bates Street Redevelopment plan and didn't think anything of it. Boy was I wrong!

Four Towers, 2,360 Units Proposed for the Edge of Downtown Jersey City
By Jared Kofsky






https://jerseydigs.com/50-story-towe...a-jersey-city/

Quote:
Manhattan Building Company has made a name for themselves in recent years by developing both the Cast Iron and SoHo Lofts that run along the northwestern fringe of Jersey City’s Downtown. The company is now heading a bit south but still sticking to Downtown’s edges with their latest proposal, which would rise next to the I-78 Turnpike extension.

Earlier this month, a community meeting was held to unveil the company’s new plans for several lots they own inside five blocks of the Bates Street Redevelopment Area. Manhattan Building Company had previously presented a proposal for 870 units to the Jersey City Redevelopment Agency (JCRA) last year that was mostly allowed as-of-right, with the tallest portions of that project rising 125 feet.

While the company’s subsidiary, Bates Redevelopment LLC, was designated a redeveloper at the JCRA’s November 21 meeting, their vision for the area has changed significantly. Designed by New York-based Studio V Architecture, Manhattan Building Company is now proposing 2,360 rental units in four towers that rise fifty stories each, with shorter three and four-story sections designed to look like brownstones in the area connecting the high-rise portions.

Several of the towers employ a tiered design and are more slender than the “wall” of buildings that’s allowed under current zoning, a move the developer says was made to preserve the city’s view corridor. The development would be built between Center and Bates Streets, feature some retail space, and include one indoor parking spot for every two units, for a total of 1,180 spaces.

To build its proposed vision, Manhattan Building Company would need to utilize bonuses within the Bates Street Redevelopment Plan. 360 units are permitted at the properties without the bonuses, so adding an additional 2,000 units to the project would generate $11 million in fees towards an Open Space Trust. Possible uses of the funds, according to the presentation, include adding a spray park and basketball courts at the Booker T. Washington apartments, making improvements to Van Vorst Park, or the development of a community center somewhere in Ward F.
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