Originally Posted by citybooster
Thanks CIA.. great idea! Very excited about this project as it will really revitalize the Square with the passageway and aligned shops and restaurants even if it's only the 25 stories, will be a very vital cog right next to the Loews development. One thing kinda flummoxed me about 2973 Kennedy Boulevard... great project as it is with 20 stories according to Jersey Digs will have only 79 residences...will it be condo because you see something this size and think 200-300 units at least. A smaller number seems to indicate larger apartments and likely condo over rental.
And thanks Hamilton for confirming indeed that a PATH passageway/retail will be part of any redevelopment of the CH Martin site.
Good question - I have no idea. We really need more non-luxury condos here in Jersey City. The site is small, so 4 units a floor isn't too surprising. I imagine they'll be 2-bedroom units.
Anyone remember when this building was first announced? I was very excited. I still rate it right up there with Journal Squared in its importance for the area's redevelopment. It's going to set the tone for future mid-rises in Journal Square. The maximum height could have easily been 8, maybe 12 floors. Instead, JFK is going to have densities rivaling anywhere else in the county including New York City. The street will be very animated, and more retail options will follow.
The city has plans for a streetcar running on JFK. They're going to score really high if they ever pursue funding from FTA's New Starts grant program.
(1)40 percent of the population already takes transit to work
(2)the densities are already very high
(3) and the development potential from a streetcar would easily rate us #1 in justification for funding. So we'll see what happens.
Traffic is unbearable now. It's stupid to drive through the area, especially during peak hours. Transit upgrades must follow.