Jersey City advances developer’s hotel proposal near Liberty State Park

TRD New York /
Apr.April 30, 2019 04:43 PM

The Jersey City Redevelopment Agency was reported to have reached an agreement with Landmark Developers for the construction of a hotel on two separate tracts owned by New Jersey Transit last week, JerseyDigs reported. Jersey City-based Landmark Developers, which announced its redevelopment plans last year, intends to develop the two tracts at 269 and 273 Communipaw Avenue into the 120-room Morris Hotel with parking, a restaurant and coffee shop. JerseyDigs reported that New Jersey Transit has not announced plans to sell or redevelop the two tracts. Landmark Developers’ proposal for the Morris Hotel would make it the closest hotel to the Liberty State Park and Liberty Science Center. The site of the project is also immediately adjacent to a Hudson-Bergen Light Rail station and 10 minutes from the Exchange Place PATH station. If advanced, it would join a number of redevelopments and new tenants in the Bergen-Lafayette section of Jersey City, including Brooklyn-based Wallabout Realty Holdings’ 170-unit project on nine adjacent properties, Ironstate Development’s $84 million mixed-use project at 100 Monitor Street and craft distillery Corgi Spirits and 902 Brewing Company, to name a few. The Real Dealreported back in 2007 on Landmark Developers redeveloping a six-story Bergen-Lafayette industrial property at 125 Monitor Street into 180 loft condos, although a decade later that abandoned warehouse still remains undeveloped[Jersey Digs]


Related Articles

arrow_forward_ios
An aerial view and a rendering of The Element at 400 Claremont Avenue (Credit: Google Maps)

Jersey City mixed-use project lands $120M in financing

Jersey City mixed-use project lands $120M in financing
Meadowlands Arena (Credit: Google Maps and iStock)

NBC spends $750K to transform arena in New Jersey swamp

NBC spends $750K to transform arena in New Jersey swamp
Thor's Joseph Sitt and the New Jersey Center of Excellence

Thor is breaking into the life sciences industry

Thor is breaking into the life sciences industry
Newark’s ‘Shaq Tower’ sets opening date, Rockefeller Foundation eyes OZ fund for Newark & more North Jersey real estate news

Newark’s ‘Shaq Tower’ sets opening date, Rockefeller Foundation eyes OZ fund for Newark & more North Jersey real estate news

Newark’s ‘Shaq Tower’ sets opening date, Rockefeller Foundation eyes OZ fund for Newark & more North Jersey real estate news
Placeholder image

NY Waterway exec, developer opens ‘hardcore’ gym in Cedar Knolls

NY Waterway exec, developer opens ‘hardcore’ gym in Cedar Knolls
Placeholder image

Logistics company pays $12.8M to acquire 121K sf warehouse in Clifton

Logistics company pays $12.8M to acquire 121K sf warehouse in Clifton
From Left to Right: Tower on Grove Street reaches stabilization milestone, Toll Brothers to market Hoboken spec office, Cross River pens Fort Less off-market trade, KRE Group inks Bayonne construction loan

Jersey City’s 90 Columbus hits leasing milestone, Toll Brothers markets spec office building in Hoboken & more North Jersey real estate news

Jersey City’s 90 Columbus hits leasing milestone, Toll Brothers markets spec office building in Hoboken & more North Jersey real estate news
Placeholder image

Jersey City’s University Place touts key redevelopment milestone

Jersey City’s University Place touts key redevelopment milestone
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...