Developers Bijou Properties and Intercontinental Real Estate Corporation have kicked off construction of a new mixed use project in Hoboken, N.J. The scheme is located at 700 Jackson Street near the 9th Street Hudson-Bergen Light Rail Station. The 14-story building will house 424 units, a public gymnasium, a two-acre resiliency park along with 25,000 sqf of ground floor retail space. The adjacent two-acre park will be split between a one-acre open grass area and children’s playground and a one-acre public plaza designed for active and passive recreation uses. Construction is slated for completion in mid-2019
“We’re invested in the future of Hoboken and are committed to working with the city to develop sustainable housing that significantly contributes to the community-at-large,” says Larry Bijou, Managing Partner of Hoboken-based Bijou Properties. “In addition to offering living spaces specifically designed with the needs of Hoboken families in mind, this building supports the up-and-coming western Hoboken neighborhood by providing much-needed public space, a recreational center and a resiliency park to help alleviate water run off concerns.”
