Steve Strunsky at NJ.com reports on the dramatic growth of development in JC. With nearly 30,000 units on the way, Steve identifies the Top 10 projects coming to a neighborhood near you.
Jersey City’s remarkable transformation from an industrial railhead to a gleaming metropolis dates back decades, with ups and downs reflecting the broader economic fortunes of New York and the nation. But the city’s current growth spurt is extraordinary even by Jersey City’s own booming standards.
Residential development is particularly strong, with 42 projects of at least 100 units each now in the works, totaling nearly 15,000 condominium and rental units over the next five years, and another 13,400 units projected within 10 years after that, according to the Jersey City Division of Planning. Those are in addition to more than 4,500 recently completed units, planners say.