Tall & Urban News

Plaza Transformation Moves Forward with Plans for a 60-Story High-Rise in Jersey City

Jersey City. (C) Doc Searls
Jersey City. (C) Doc Searls
23 May 2022 | Jersey City, United States

A 60-story tower with a new supermarket could join an area that is already set for a massive transformation right across from the Sixth Street Embankment in Downtown Jersey City. The high-rise is expected to be built on Marin Boulevard, in the parking lot area of the 18-acre (15.5-hectare) Metro Plaza. The 802-unit project will be developed by G&S Investors, which is working to transform the plaza into Hudson Exchange.

G&S Investors Chief Operating Officer Abe Naparstek told The Jersey Journal a new ShopRite will be located on the second floor of the building and eventually replace the current ShopRite across the street. He said the current supermarket will close when the new one opens. Wakefern Food Corp., the primary company that owns the Metro Plaza ShopRite, could not be reached for comment.

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The Metro Plaza has been in the process of being reshaped into Hudson Exchange since 2015 when plans were in place to build a 35-story tower to replace the Pep Boys automotive store. The tower was the first phase of a massive revamp of the Metro Plaza shopping center, which includes a BJ’s Wholesale Club and a now-shuttered Bed Bath & Beyond.

The whole development of the entire Metro Plaza will be done over the course of six phases. The high-rise with the ShopRite is part of phase two. The ShopRite will be a total of 85,000 square feet (7,896 square meters). The 60-story high-rise will have 538 vehicle parking spaces and include 19,000 square feet (1,765 square meters) of retail on the ground floor. The developer has also increased the amount of open space that will be available from 115,000 to 138,500 square feet (10683 to 138,500 square meters).

For more on this story, go to NJ.com.