Plans to bring a sizable residential development to an industrial property on Jersey City’s West Side could be approved by municipal officials this week.
A six-story building with 338 units, 144 parking spaces, and 169 bicycle spaces is currently planned for 49 Fisk Street. The development would include 118 studios, 161 one-bedroom units, 59 two-bedroom units, and an amenity roof deck, according to a principal points statement. However, the application indicates that no “affordable housing units” would be created as part of this proposal.
This project is being proposed by Manhattan-based 49 Fisk Property Owner, LLC, a firm that appears to be associated with Halpern Real Estate Ventures.
Site plans from Minno & Wasko Architects and Planners that were released by Jersey City’s municipal government show that there would be a club room, a coworking area, a fitness room, a rooftop community garden, and a courtyard with a “private event villa” and “central green” within the development.
ersey Digs previously reported on plans to bring a six-story development to this 2.54-acre site in May after the Jersey City Redevelopment Agency’s Board of Commissioners designated 49 Fisk Property Owner, LLC as the redeveloper of the site. At the time, 295 residential units were planned.
The current proposal is scheduled to go before the Jersey City Planning Board on Tuesday, November 17 during a virtual meeting at 5:30 p.m. The developer is looking to receive preliminary and final major site plan approval with multiple variances.
This is one of several projects to be proposed in this neighborhood over the last few years. In addition to The Element at 400 Claremont Avenue, New Jersey City University’s West Campus, and the Bayfront site, plans have recently been revealed for an eight-story building at 405 Route 440 and an 860-unit complex at the site of the West Side Avenue Park and Ride.