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  #1  
Old Posted Sep 12, 2014, 4:57 PM
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JERSEY CITY | 33 Park Ave | FT | 44 FLOORS

$141M residential tower planned for Jersey City waterfront; developer seeking tax abatement

Quote:
A developer is proposing to build a $141 million, 44-story residential tower in the Liberty Harbor North section of Jersey City's waterfront, according to filings with city officials.

The firm, identified in documents as LHN Owner Urban Renewal LLC, is seeking approval for a 10-year tax abatement for the project and is scheduled to appear Tuesday before the City Council. Late last month, council members unanimously approved the project on first reading.

A memorandum on the proposal says the applicant estimates beginning construction this month, with completion coming within two years. If approved, the project would produce an estimated 400 construction jobs and 20 permanent jobs, according to documents posted on Jersey City’s municipal website.

The proposal calls for a mixed-use project with 448 market-rate residential units, 5,290 square feet of commercial space and 544 parking spaces in the waterfront area just north of Liberty State Park, according to the memorandum. Two hundred of the spaces will be reserved for the use of a future hotel that is not part of the application.


While the builder is identified as LHN Owner Urban Renewal LLC, the filings also identify developer Brian Fisher. His Purchase, N.Y.-based firm has built several other major residential projects along Jersey City’s waterfront, including Crystal Point and Liberty Towers.

The project is known as 33 Park Ave. and would sit on what is now vacant land between Marin Boulevard and Saint Peter’s Street, according to the city filings.

Under the proposed tax abatement, LHN Owner Urban Renewal LLC would pay about $1.6 million, or 10 percent of the property’s annual gross revenue, for the first six years. The developer would also pay a $31,200 yearly administration fee and about $78,000 to Hudson County during that time.

In the seventh year, the payment would be the greater of 10 percent of the annual gross revenue or 20 percent of conventional taxes, with a phase-in that would bring the payment up to about $2.8 million by the 10th year, according to the memo.

The developer also plans to dedicate portions of the land for the widening of Park Avenue and Marin Boulevard, among other improvements totaling about $3 million.

The project, which received site plan approval from the city planning board in January, is located in the Liberty Harbor North Redevelopment Plan Area.
==============================
September 9, 2014
http://jclist.com/modules/newbb/prin...post_id=358200
     
     
  #2  
Old Posted Sep 12, 2014, 7:08 PM
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There was also a 40-floor tower announced this week, to be built by Cordish Companies, on top of the Powerhouse structure over in the JC warehouse district.

http://www.nj.com/hudson/index.ssf/2..._highrise.html
     
     
  #3  
Old Posted Sep 12, 2014, 7:10 PM
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Quite a list of projects in store for the city in the next couple of years. JC is on its way to dethrone Newark as NJ's largest city.
     
     
  #4  
Old Posted Feb 19, 2015, 4:35 PM
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Revealed: 33 Park Avenue, Two 44-Story Towers Coming to Jersey City



Quote:
Back in early September, NJ Biz reported on two new towers coming to the Jersey City waterfront, after “LHN Owner Urban Renewal LLC” sought approval for a ten-year tax abatement. YIMBY now has the reveal for the site, which is actually being developed by the Fisher Organization, and it will rise between Marin Boulevard and Saint Peter’s Street.

High-rise architecture in Jersey City tends to be dominated by simple design and no-frills massing, and the current plan for 33 Park Avenue certainly seems to be par for the course. Two towers will share a five-story podium that will have parking, retail, and additional apartments. Above, the buildings will top-out 44 floors above street level, and a tipster sent along word that Perkins Eastman will be designing.

Phase one of the project will include 448 apartments, while phase two will deliver an additional 452 units, bringing the combined total to 900. At the base, two retail components will total approximately 15,000 square feet.

As Jersey City continues to boom and underused land is rapidly transformed into high-rise towers, encouraging vibrant street-fronts seems to be the city’s biggest challenge. Luckily development seems to be pivoting away from the large podiums that dominated construction until recently, and at least 33 Park Avenue’s will feature a substantial amount of retail space.


=================================
http://www.yimbynews.com/2015/02/rev...rsey-city.html
     
     
  #5  
Old Posted Feb 19, 2015, 6:47 PM
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Location:



Street View (Lot): https://www.google.com/maps/@40.7136...gBQ2MLskqw!2e0

Extra Source for the Rendering: http://www.fisherorganization.com/?a=properties&id=17

Quote:
Currently Under Development:

The project, located in the Liberty Harbor North area of Jersey City, NJ, will consist of two 44 story rental residential towers rising from a 5 story base podium that includes additional residential units, amenities and a garage. There will be a total of 900 apartments, 448 in phase 1 and 452 in phase 2. Phase 1 of the project will comprise of one 45 story residential tower on the western portion of the site and the associated garage, amenities and podium residential units. The rooftop of the podium is programmed as an amenity deck with a pool, seating areas and other amenities. Indoor amenities will be located on the 6th floor of each tower adjacent and connected to the deck. There is 5290 sf of commercial retail being constructed in phase 1 and 9037 sf of retail in phase 2 bringing the total to 14,327 sf. The project will provide residents with a Class A residential experience.

The project is pursuing LEED (Leadership in Energy & Environmental Design) Certification from the US Green Building Council.
     
     
  #6  
Old Posted Feb 24, 2015, 4:34 PM
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CTBUH Global News: http://www.ctbuh.org/News/GlobalTall...-US/view.aspx#!

Two 44-Story Towers Coming to Jersey City

[...]

http://skyscrapercenter.com/complex/1548
http://skyscrapercenter.com/building...-tower-1/18684
Quote:
Official Name 33 Park Avenue Tower 1
Name of Complex 33 Park Avenue
Structure Type Building
Status Proposed
Country United States
City Jersey City
Street Address & Map 33 Park Avenue
Building Function residential
Structural Material concrete
Proposed 2014
Floors Above Ground 44
# of Apartments 448
     
     
  #7  
Old Posted Apr 10, 2015, 2:47 PM
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Quote:
Fisher Development Associates broke ground Thursday on a 44-story luxury rental building in Jersey City's Liberty Harbor North district, the company said.

The 448-unit building at 33 Park Ave. will be the first of two high-rises at the waterfront site, with plans also including the development of a 267-room Marriott hotel, Fisher said in a news release. The firm expects to complete the first tower by spring 2017.

Meantime, Fisher said the entire project is projected to generate nearly 1,000 construction jobs and nearly 200 permanent jobs in the rental buildings and hotel.

It’s the latest development in the city for Fisher, which is based in Purchase, New York. The firm has built properties on the Gold Coast including Liberty Terrace, Liberty Towers and Crystal Point.

“Jersey City’s story continues to be written as it grows into a 21st century urban destination where inspired living spaces blend with art, culture, dining, nightlife and public transportation to create a vibrant live-work-play environment for today’s urban professional and creative class,” Brian Fisher, a principal of Fisher Development Associates, said in a prepared statement. “We’ve been a part of this exciting story with previous developments … (and) are delighted to get started on a new signature property that will radiate energy and life while enhancing the urban fabric of the neighborhood.”

Located at 33 Park Avenue between Luis Munoz Marin Boulevard and Seventh Street, the project has been designed by Perkins Eastman and also calls for a host of amenities and retail space. Fisher has retained the Marketing Directors of Manhattan to market and lease the residences.

“This is another step in Jersey City leading the state of New Jersey in job creation which we couldn’t be more proud about,” Mayor Steven Fulop said in a prepared statement. “We hope that Fisher Development will build here for many more years in future developments and the door is open for that.”
Source: NJ Biz
Build baby build! This will add some nice depth to Paulus Hook.
     
     
  #8  
Old Posted Apr 20, 2015, 11:49 AM
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Extra Info:

Quote:
33 Park Avenue will feature a mix of studio, one- and two-bedroom residences ranging from 550 to 1,200 square feet of living space. Homes will offer modern living spaces and floor-to-ceiling windows to maximize dramatic views of the Hudson River, Statue of Liberty and Manhattan Skyline.

World-class services and amenities found within 33 Park Avenue will include a 24-hour concierge, outdoor pool, lounge and landscaped deck; state-of-the-art health club, children’s playroom, cyber café, business center, conference room, screening room, dining area, various lounges and bicycle and general storage space.

33 Park Avenue will provide residents convenient access to an upscale urban environment with shops, restaurants, nightlife and numerous mass-transit options nearby. The building is steps away from the Grove Street and Exchange Place PATH stations.

Fisher Development Associates is pursuing LEED Certification from the US Green Building Council for the residential buildings.
===========================
http://www.northjersey.com/real-esta...city-1.1312024
     
     
  #9  
Old Posted May 13, 2015, 9:31 PM
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Lots of piling and drilling is occurring at the site.
     
     
  #10  
Old Posted Jul 27, 2015, 2:55 AM
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Title Update: JERSEY CITY | 33 Park Ave | FT | 44 + 44 FLOORS

Kearny, Newark,and Jersey City 6/28/2015

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  #11  
Old Posted Aug 18, 2015, 3:36 AM
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  #12  
Old Posted Aug 31, 2015, 4:06 AM
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Quote:
Originally Posted by OBreaux1 View Post
View of 33 Park from above (west view). The crane is up.


.
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  #13  
Old Posted Feb 13, 2016, 12:51 AM
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  #14  
Old Posted May 10, 2016, 8:58 AM
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Hooked! by Janko Puls, on Flickr
     
     
  #15  
Old Posted May 21, 2016, 1:05 AM
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  #16  
Old Posted May 24, 2016, 12:00 AM
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Pic by me. On my way to a court to fight a DOT street closure summons. Good news. We won!


20160523_072213 by Christopher Estevez, on Flickr
     
     
  #17  
Old Posted May 25, 2016, 12:25 AM
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Wow, talk about a massive development. It is going to be interesting going back to JC years from now to see that whole vacant land/surface lots area be completely developed into a major urban neighborhood.
     
     
  #18  
Old Posted May 25, 2016, 2:06 AM
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I am moving from Washington Heights to the Modera Lofts in JC in July, super excited to see all the changes firsthand in the downtown area.
     
     
  #19  
Old Posted May 25, 2016, 7:23 AM
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this is at least, the 3rd set . .
of fat, square, 40-some-story twins, built in JC . .
Two other sets were built, . .
back when there weren't many towers there . .
Well, . . (or, as another forum poster says . . "Welp, . . ")
ya gotta have garden variety housing . .
But when they say, that they "design" these things . .
I do NOT believe them . .
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  #20  
Old Posted Jul 9, 2016, 1:23 PM
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Just fyi to the mods, this should be: JERSEY CITY | 33 Park Avenue | 524 FT | 2 x 44 FLOORS

This is a two tower development.

Originally it was one, but then news came out of two.






Credit: JC_Heights

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