Just over a week after we saw photos of the nearly-finished first tower at the massive Journal Squared development in Jersey City, we now have pricing info on the project that will bring 538 apartments to the neighborhood. The Wall Street Journal reports that studios here will start from $1,800/month, one-bedrooms from $2,100, and two-bedrooms from $3,200.
More than 50 percent of the units here are one-bedrooms, and a little over 25 percent are studios, according to the Journal. The first of three towers being developed by the KRE Group and National Real Estate Advisors, is part of an overall development that will eventually bring 1,838 apartments to Journal Square along with 36,000 square feet of retail, a public plaza, and restaurants.
Leasing on the first of the three towers is expected to get underway in the third week of February, and some of the amenities future residents here will be able to look forward to include an outdoor swimming pool, a sky lounge with views of New York City, and a sundeck, among others.
This tower stands 563-feet tall and is one of the tallest in the state, but it will eventually be dwarfed by a 71-story tower that’s part of this project. Journal Square is just one of several massive skyscraper projects planned in the area including the 72-story building being developed by Kushner Companies, and the 95-story tower (the state’s tallest) being developed at 99 Hudson Street.
To give you a sense of what the views might be like from those dizzying heights, the developers have sent us over a drone-produced video that also takes you up close to the first Hollwich Kushner and Handel Architects-designed Journal Squared building.