The first 101 condominiums at Canco Lofts, the massive condo conversion of Jersey City’s American Can Co. factory, have hit the market. Over 80 percent of the Phase I residences are already under reservation. The condos are slated to be ready for move-ins this summer, while Phase 2 condos are expected to be ready by fall. With 551 lofts, the 1 million square foot building will be Jersey City’s largest stand-alone industrial-to-residential conversion.
Amenities will include a full-size fitness center, children’s play center and views of Jersey City and Manhattan. The factory on Dey Street, near Journal Square, was built in 1929 and closed in 1974. More development could come to the site: 600 more condos could be added to An Adjacent Warehouse And A Parking Lot Across The Street. TRD