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Old Posted Sep 3, 2019, 7:30 AM
C. C. is offline
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Talking JERSEY CITY | Journal Square PATH Station Redevelopment | ~9.6M SQFT

The Port Authority of New York and New Jersey (PANYNJ) has issued a RFI seeking development proposals for the Journal Square Transportation Center. The full RFI can be read here: https://www.panynj.gov/business-oppo...IDOC_58339.pdf

It was only a matter of time the Port Authority would look to exercise its zoning rights and take advantage of the boom currently seen in the Journal Square neighborhood of Jersey City. The site is surrounded by Journal Squared to the west, the (cursed) 1 Journal Square to the south, and a bunch of other mid-rise buildings.

The site is 387,000 sqft and has an as-of-right zoning FAR of 25 with no height limits. A quick back of envelope calculation allows over 9.6 million square feet of development rights.

Below are some of the many interesting discussions from the RFI, but it's recommended to read the entire document:

Quote:
The Port Authority’s core objectives for this RFI (and any subsequent solicitation) are to generate and assess redevelopment concepts, identify partnership opportunities, and pursue further discussions with select Respondents to achieve the following Project goals, in order of priority:

A. Redevelop and reconfigure the Site to improve the customer experience by:

i. Introducing engaging retail experiences and active public spaces for PATH and bus riders and community members
ii. Enhancing station functionality and meeting increasing PATH capacity demands
iii. Improving bus circulation and pedestrian movement
iv. Utilizing innovative measures to maximize operational efficiencies and leverage new technologies to help accommodate future transit needs.

B. Transform the Site into a mixed-use neighborhood destination that is connected and relevant to the Journal Square neighborhood. Future development should offer high quality amenities to be enjoyed by commuters and Jersey City residents for years to come.

C. Maximize financial value from the development of the Site to fund station improvements.
Quote:
The Site’s land area is 385,785 square feet, which includes 63,078 square feet of open rail cut. The Site is located within Zone 1 Core of the Journal Square 2060 Redevelopment Plan. The purpose of this zone is to provide for high-density, high-rise development and allows a floor area ratio (“FAR”) of 25 for residential development and a FAR of 16 for commercial development. Developments within this zone must comply with the special requirements that allow for a building base between 60 feet and 75 feet. There are no height restrictions.

More information about zoning and land use can be found in the Journal Square 2060 Redevelopment Plan on Jersey City’s open data website.
Quote:
The Port Authority is seeking information regarding the highest and best uses of the Site and the optimal development program when considering the Site’s use by commuters, neighborhood context, physical characteristics, and transportation uses. The Port Authority is not prescribing a residential or commercial development program, but the Site should primarily serve commuters, with a focus on quality retail and public spaces. Development at Journal Square should also consider taking advantage of existing PATH capacity on the reverse commute (westbound during the AM peak from New York to New Jersey and vice versa in the PM peak) to optimize the use of transit capacity.

The Site, or portions of the Site, may be disposed of through a long-term ground lease or fee sale. The Port Authority may elect to utilize investment proceeds to fund and implement station improvements or structure the transaction such that a developer constructs station improvements on behalf of the Port Authority as part of a larger redevelopment project. Currently, there is no funding in the Port Authority’s ten-year capital plan allocated to fund station improvements.
Quote:
The Site was designed to meet 1970’s era neighborhood and transportation network requirements. Reconfiguration of the Site to improve bus, vehicular, and pedestrian circulation and create greater opportunities for redevelopment will be considered. Almost two thirds of the Site rests on terra firma, so there is potential to create a larger, contiguous development footprint via reconfiguration.
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Old Posted Sep 3, 2019, 6:37 PM
citybooster citybooster is offline
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OMG!!! OMG!!! OMG!!!!!!!!!!!!!!

This is something that HAS to get done... and it's likely the only way it does get done. And get something going at 1 Journal Square too, with or without the Kushners.
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Old Posted Sep 3, 2019, 8:50 PM
Crawford Crawford is online now
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Join Date: Nov 2003
Location: Brooklyn, NYC/Polanco, DF
Posts: 19,135
Fantastic news. Journal Square is gonna be pretty amazing 10-15 years from now.

Also, the Port Authority needs to just deck over the whole PATH rail cut through JC. The portions that aren't underground should all be developed with towers on platforms.
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