Description

 Construction of a 29 story residential building to contain 67 condo units of which 38 are sold and approximately 458 rental apartments together with 20,000 sq. ft. of retail.  See the following website for additional information on Grove Point http://www.emporis.com/en/wm/bu/?id=grovepointe-jerseycity-nj-usa

 Status

Recently completed, the building has had a rental program in place since August. The project consist of 277 one bedroom units, 148 two bedroom units and 33 studios. A lease has been signed to bring Starbucks, as well as dry cleaner / tailor at the site.  See the following project website for marketing and sale information. http://www.grovepointecondos.com/

 News 

 Negotiations are on-going with a bank, two café’s, drug store and ice cream store for potential leasing as part of the retail space.

 A portion of the 600 car parking garage constructed as part of the project will be open to the public. This parking is intended to address, in part, the parking needs of the emerging Power House Arts Retail and Entertainment District.