This portion of that larger expansion, the Aquablu building, will add 360 luxury rental apartments, ranging from studios to three-bedroom units in a 33-story tower with some ground-floor retail. Located at 110 River Dr. here, the tower is expected to be completed in about a year. The cost hasn't been released.
Design work for the 470,500-sf building was a collaboration between Poskanzer Skott Architects of Ridgewood, NJ and the Toronto-based Page + Steele Architects. Design features will include colored floor-to-ceiling windows and garden terraces.
"This will be one of Jersey City's premier residences," says Poskanzer Skott principal and partner Barry Poskanzer, who has worked on the project with project manager Anthony Juliano. "The designs will be dramatic, and it will have a lot of amenities and conveniences."
Aquablu will add to the existing several-hundred-acre Newport, which already consists of more than 14 million sf of construction. It already consists of some 5,000 apartment and condo units, five million sf of office space and two million sf of retail, including the three-story Newport Centre Mall.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
