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Old September 10th, 2013, 12:02 AM   #161
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Quote:
Originally Posted by ThatOneGuy View Post
Does anybody know the name of the building in the background?
One PATH Plaza.

http://www.emporis.com/building/one-...ey-city-nj-usa
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Old September 10th, 2013, 12:04 AM   #162
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Quote:
Originally Posted by quiggyt View Post
Was there this morning. Still a hole in the ground.

image hosted on flickr

Future site of 1 Journal Square 2 by quiggyt4, on Flickr
Btw, are you sure this is the site? Maybe I'm wrong but isn't the towers site 250 to the northeast across the rail tracks?
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Old September 22nd, 2013, 11:48 PM   #163
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Beautiful proposal to accompany the Goldman Sachs building. I hope in the near future Jersey City will be a city with loads of supertalls (almost as great as New York) so New York+Jersey City will be the greatest ( and the first) "DuoCity" on the planet. Now we just need a bridge to connect Lower Manhattan and Jersey City together.
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Old September 23rd, 2013, 12:32 AM   #164
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I think there are plenty of duo cities, NYC and Brooklyn for one. Also what's wrong with tunnels?
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Old September 23rd, 2013, 01:38 PM   #165
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Bridges are more visible and provide good vintage points.
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Old September 23rd, 2013, 02:50 PM   #166
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Quote:
Originally Posted by onewtclover View Post
Beautiful proposal to accompany the Goldman Sachs building. I hope in the near future Jersey City will be a city with loads of supertalls (almost as great as New York) so New York+Jersey City will be the greatest ( and the first) "DuoCity" on the planet. Now we just need a bridge to connect Lower Manhattan and Jersey City together.
I believe the greatest 'duocity', megalopolis, or just huge area with skyscrapers will eventually be Pearl River Delta. Already ranging from 50 to even 120 million people, it is home to Shenzen, Guangzhou, Foshan, and Dongguan which have heavily invested in infrastructure. And don't forget about Hong Kong which to many is better than NYC skyscraper wise.
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Old October 23rd, 2013, 09:18 AM   #167
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This will start by year's end!

This project will happen, starting with the smallest tower, by the end of the year. That tower should be completed within 2 years. It will all be possible because of a tax break and a $10 million public bond for public infrastructure improvements around the tower.
http://www.nj.com/hudson/index.ssf/2...e_project.html


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Old October 23rd, 2013, 10:06 AM   #168
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Nice news
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Old October 24th, 2013, 01:59 AM   #169
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Finally! Very good news! These buildings are amazing!
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Old October 24th, 2013, 03:28 AM   #170
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How far is this from the Hudson waterfront? Essentially, will it be a part of the greater NYC "skyline" or is it far away?
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Old October 24th, 2013, 03:34 AM   #171
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Quote:
Originally Posted by msquaredb View Post
How far is this from the Hudson waterfront? Essentially, will it be a part of the greater NYC "skyline" or is it far away.
http://www.skyscrapercity.com/showpo...&postcount=145

Quite far unfortunately.
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Old October 24th, 2013, 05:08 PM   #172
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Although it may seem like a setback, it is more like they want to assure some things related with the Loew's Theatre, because the deal includes a contribution of the developers to that landmark theatre.

Jersey City delays introduction of ordinances for $600 million Journal Square development project

http://www.nj.com/hudson/index.ssf/2...t_project.html

Quote:
Jersey City has delayed introduction of ordinances which would create a 35-year tax abatement and issue a $10 million bond for infrastructure improvements in the area of a proposed $600 million, three-tower residential project that will transform Journal Square.

Tonight the council did adopt an ordinance the city says will revamp and streamline the way it works with filmmakers, making it a "premier destination" for New Jersey film productions and bringing tens of millions of dollars in revenue to local businesses.

“There has been some delay to finalize the ordinance to ensure it was fully prepared for the Local Finance Board,” Jersey City Corporate Council Jeremy Farrell told council members tonight of the three ordinances related the development project which were to have their first reading at tonight’s council meeting.

Farrell said Mayor Steven Fulop’s administration also wants to first “meet with the Friends of the Loew’s Theatre because the ordinance includes a $2.5 million contribution to the (Landmark) Loew’s (Jersey Theatre) which will be held in trust and we are committed to assuring Loew’s management that it will be a first-class place, a world class place.”

The ordinances related to the development are now to be introduced at a special meeting to be held on Oct. 31 at 9 a.m. in the city council chambers on Grove Street.
The deal is the first market-rate project since Fulop implemented a new policy regarding the tax breaks he says will encourage development in areas outside the already lucrative waterfront.

Construction of the $240 million first tower, which will rise 54 stories and include 540 rental units and ground floor retail space is expected to take two years to complete. Farrell assured council members that the project will remain on track for a December groundbreaking.
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Old November 7th, 2013, 03:43 PM   #173
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City Council gives tentative OK to tax break for Journal Square towers

http://www.nj.com/jjournal-news/inde...ntative_o.html
Quote:

A measure approving a long-term tax break for a proposed three-tower development in Jersey City’s Journal Square neighborhood was given initial approval by the City Council last week.

The deal would give KRE Group, the developer behind the $600 million project, up to 35 years before it would have to pay conventional taxes on the towers. The measure, which needs one more vote before it is finalized, was passed unanimously at a special Thursday morning council meeting.
Some more pictures of the development








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Old November 8th, 2013, 10:48 PM   #174
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Good. Any more obstacles?
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Old November 8th, 2013, 11:00 PM   #175
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These would fit well with 432 Park
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Old November 8th, 2013, 11:04 PM   #176
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A developer pays no taxes on this huge project for 35 years all while collecting rents and enjoying a killer location minutes from Manhattan; what, exactly, does Jersey City get in return?
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Old November 8th, 2013, 11:10 PM   #177
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Quote:
Originally Posted by unmentioned View Post
A developer pays no taxes on this huge project for 35 years all while collecting rents and enjoying a killer location minutes from Manhattan; what, exactly, does Jersey City get in return?
The city set aside this parcel specifically for a massive redevelopment to pull new growth and development back towards the core. What the city gets is exactly what they wanted in the first place. Additionally, there's an affordable housing component that the developers would struggle to include without incentives.
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Old November 8th, 2013, 11:15 PM   #178
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This is going to be a supertall in Jersey City! Wow!

I'm keeping it short cuz I rarely venture out of town (NYC thread) cuz it's dangerous. Now crossing the Hudson River back to NYC thread. lol.

:Cheers:
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Old November 8th, 2013, 11:22 PM   #179
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I thought there was a hole in it in the first rende. Great blue white towers.
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Old November 9th, 2013, 12:09 AM   #180
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Being from Jersey City I love them, and in the Journal Square development plan it's conceivable the area around the towers gets up to 12 large towers in total... maybe a couple of genuine supertalls. But the first one is 54 stories, at best 600 ft... the second is 70 stories, maybe stretches to around 800 ft, and the third is 60 stories, we get maybe 650-700 ft out of that....very impressive skyscrapers for a mid sized city, and great for the overall Hudson River skyline. But no supertall qualifications yet... this should be moved to skyscrapers soon.
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