@CURBEDNY: 30+ DEVELOPMENTS TRANSFORMING NEW JERSEY’S HUDSON RIVER WATERFRONT #bayonne

2016-08-29_12-57-20New Jersey’s Hudson River Gold Coast is booming with new residential development. Check out Curbed NY’s recently posted Hudson River waterfront development map to see where the Gold Coast’s most prominent multi-family buildings are rising.

With all the activity happening along the Manhattan side of the Hudson River—the World Trade Center, Hudson Yards, and the like—it can be easy to forget that there’s a slew of construction projects happening on the other side of the water.

But there is, in fact, a veritable building boom in New Jersey right now, particularly the stretch along the waterfront between Fort Lee (to the north) and Bayonne (on the southern end). The developments going up run the gamut from small rental buildings to the state’s soon-to-be-tallest skyscraper, and each will have a part in transforming the state in the next few years. Here, we’ve mapped more than 30 of those projects

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JMF Properties Chosen as Developer for Portion of Former Military Ocean Terminal

military-ocean-terminal-harbor-station-south-bayonne

Image via BayonneDryDock.com

via JERSEYDIGS.com – The long planned development of Bayonne’s former Military Ocean Terminal moved one step closer this week when the city council chose Whippany, NJ based JMF Properties as the developer of a 16-acre portion of the planned Harbor Station South project.

More from the press release:

BAYONNE, NJ – At their June 22, 2016 meeting, the Bayonne City Council designated JMF Properties of Whippany, New Jersey as the developer of a 16-acre portion of the property on the former Military Ocean Terminal (MOT) known as Harbor Station South:

“JMF Properties is proud to enter into this public-private partnership with the City of Bayonne and looks forward to taking an active role in the overall redevelopment of the Military Ocean Terminal,” said Joe Forgione, Founder and Principal of the Whippany-based firm.

Forgione continued: “We appreciate the trust the City Council has placed in us with this designation, and are committed to successfully executing a meaningful development plan comprising for-sale townhomes and carefully-curated retail uses. The residential ownership component will encourage long-term investment in the City, while the retail will serve as a place-making catalyst for Harbor Station. Our expertise in developing mixed-use projects of this nature in towns such as Denville, Hanover, Parsippany and Maplewood makes us uniquely positioned to help fulfill the collective vision of a vibrant destination that complements and enhances the lifestyle, financial stability and dynamism of Bayonne.”

“This is a very good first step,” said Mayor Jimmy Davis. “I am pleased that the City Council took this action. I look forward to working with Mr. Forgione and JMF Properties as we move forward to formalize the details of how the property will be developed, and how the development will benefit the City for years to come.”

Continue Reading at JERSEYDIGS.COM

Hudson on Growth Track

(Kathryn Brenzel | NJ Advance Media for NJ.com)

(Kathryn Brenzel | NJ Advance Media for NJ.com)

Hudson County is the fastest growing county in the state, according to new U.S. Census data.

The county saw an estimated .8 percent increase–5,209 people–from July 2013 to July 2014, according to data released on Thursday. Bergen and Middlesex counties saw estimated .7 percent increases, followed by Union and Ocean counties, which respectively saw .6 and .5 percent jumps. As of July 2014, Hudson County had an estimated population of 669,115.

A possible factor in the growth is the influx of new residential projects throughout the county. Jersey City has been a hotspot for new construction, leading the state in the number of new proposed housing projects last year. Through December 2014, the county issued permits for 4,681 new units, according to Census data. Jersey City issued permits for 2,180 of those units.

Transit experts have pointed out that increased interest in the so-called Gold Coast is putting a strain on mass transit. Earlier this month, panelists at the New Jersey Gold Coast & Spring Multifamily Summit said the state needs to catch up with the growing volume of riders.

The latest population estimates for individual towns and cities are scheduled to be released in May.

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