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Journal Square, NJ News
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Journal Square in Jersey City, NJ, is experiencing significant business and cultural developments:Real Estate and Development:
Journal Squared Completion: The final 60-story tower of the Journal Squared project has been completed, culminating a decade-long effort to revitalize the area. This $900 million development now offers 1,840 rental residences across three towers, along with over 100,000 square feet of amenities.
The Journal Nears Completion: Construction is nearing completion on The Journal, a two-tower residential and retail complex at 10 Journal Square Plaza. Developed by Kushner, this nearly $1 billion project consists of two 64-story towers connected by a multi-story podium, encompassing approximately 2 million square feet with 1,723 rental units and 40,000 square feet of retail space leased by Target. Pre-leasing is expected to begin in early 2025. NEW YORK YIMBY
One Journal Square Progress: Kushner Companies is advancing the One Journal Square project, with the first phase expected to top out in April 2024. The development will feature two 64-story towers housing 1,723 rental units and 40,000 square feet of retail space, fully leased to Target. Completion is anticipated in 2026. REALTOR NJ
Cultural Initiatives:
Proposed Cultural Arts District: Mayor Steven M. Fulop and the Jersey City Redevelopment Authority have introduced an ordinance to establish a Cultural Arts Special Improvement District in Journal Square. This initiative aims to transform the area into a major cultural and economic hub, anchored by projects like the Centre Pompidou x Jersey City and a renovated Loew’s Theatre. SHORE NEWS NETWORK
Centre Pompidou x Jersey City: Plans are underway to renovate the Pathside building into a satellite of Paris's Centre Pompidou, named Centre Pompidou x Jersey City. The opening has been postponed to 2026, with renovation costs estimated at $30 million, largely funded by the state. WIKIPEDIA
These developments signify Journal Square's ongoing transformation into a vibrant residential, cultural, and economic center.
One Journal Square Progress: Kushner Companies is advancing the One Journal Square project, with the first phase expected to top out in April 2024. The development will feature two 64-story towers housing 1,723 rental units and 40,000 square feet of retail space, fully leased to Target. Completion is anticipated in 2026. REALTOR NJ
Cultural Initiatives:
Proposed Cultural Arts District: Mayor Steven M. Fulop and the Jersey City Redevelopment Authority have introduced an ordinance to establish a Cultural Arts Special Improvement District in Journal Square. This initiative aims to transform the area into a major cultural and economic hub, anchored by projects like the Centre Pompidou x Jersey City and a renovated Loew’s Theatre. SHORE NEWS NETWORK
Centre Pompidou x Jersey City: Plans are underway to renovate the Pathside building into a satellite of Paris's Centre Pompidou, named Centre Pompidou x Jersey City. The opening has been postponed to 2026, with renovation costs estimated at $30 million, largely funded by the state. WIKIPEDIA
These developments signify Journal Square's ongoing transformation into a vibrant residential, cultural, and economic center.