A Chinese developer is planning a 95-story, 760-unit condominium building in Jersey City, officials said Tuesday, in what would become “by far the tallest building in New Jersey.”
The firm, China Overseas America, also plans to include 18,000 square feet of commercial and retail space and new public plaza and park space, Jersey City Mayor Steven Fulop said in a news release. The 950-foot-tall project would rise at 99 Hudson St., a waterfront site acquired in fall 2013 by a group known as China Construction America Inc. for $70 million.
Fulop said Jersey City’s planning board was scheduled to vote Tuesday night on a change to a city redevelopment plan for the site, and the plan would then head to the City Council for approval. The planning board would then vote on final site plan approval, with China Overseas America Inc. anticipating construction to start in late spring.
A project cost was not immediately available.
If completed, it would add to a city that is already home to seven of the state’s 10 tallest buildings and is undergoing the biggest construction boom in its history, Fulop said. He said that, in 2014, the Hudson County seat led New Jersey in residential construction starts with more than 6,000 units under construction and another 18,000 approved.