REBusinessOnline

Bijou Properties, Intercontinental Real Estate Break Ground for 424-Unit Residential Project in Hoboken

HOBOKEN, N.J. — Bijou Properties and Intercontinental Real Estate Corp. have broken ground for a multi-faceted project located at 700 Jackson St. in Hoboken. The project will include a 424-unit residential rental building, a state-of-the-art 6,835-square-foot public gymnasium and a two-acre resiliency park, which is designed to withstand and recover from storm and catastrophic flooding. Designed by Marchetto Higgins Stieve Architects, the 14-story residential building will feature 90,000 square feet of upscale amenities, including a penthouse pool and roof deck, and 25,000 square feet of ground-floor retail space. The two-acre park will include an open grass area, children’s playground and public plaza. Completion of the project is slated for mid-2019.

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