DMR SELECTED FOR PHASE TWO OF BEACON

JERSEY CITY, N.J. — Hasbrouck Heights, N.J.-based DMR Architects has been selected for an interior rehabilitation project at Mercury, the second phase of the Beacon mixed-use project, located in Jersey City. DMR’s work at Mercury will convert the interior of the 17-story building into 25 live/work artist’s lofts. The luxury units will take up between a half floor and full floor of the building in sizes that range from 3,000 to 6,000 square feet. The exterior restoration work for Mercury has already been completed. In addition, DMR will provide design services for the adjacent Paramount building project. The 22-story building will include 208 residential units, a gym spanning the entire basement level of the building, and a historically preserved theater. Beacon consists of the historic redevelopment of the former Jersey City Medical Center. The project, which is being undertaken by New York City-based Metrovest Equities, will ultimately include 1,200 residential units, parks, retail shop space, screening rooms and a museum devoted to the former medical center.