From RE-NJ.COM: Lions Group eyes 360-unit Journal Square rental tower with $90 million Aspire award

A developer is set to break ground on a 34-story, 360-unit apartment tower in Jersey City after securing a nearly $90 million tax credit award under the state’s Aspire program.

The incentive, which the New Jersey Economic Development Authority approved last month, will allow Lions Group to transform a surface parking lot at 701 Newark Ave. with a project that includes 72 homes reserved for low- and moderate-income renters. Plans also call for resident amenities and nearly 3,000 square feet of ground-floor retail space, capitalizing on a location that’s roughly three blocks north of the Journal Square Transportation Center.

From JerseyDigs.com: Loew’s Jersey Theatre Renovation Offers First Glimpse Into Jersey City’s Cultural Revival

The Loew’s Jersey Theatre in Jersey City, a historic venue opened in 1929, is undergoing a significant $72 million renovation that began in 2021. The project aims to restore the theater’s Baroque Revival grandeur while modernizing its infrastructure, including seating, acoustics, and accessibility. City officials view the renovation as a catalyst for revitalizing the surrounding Journal Square neighborhood and positioning Jersey City as a cultural hub in the state. The theater is expected to reopen in 2026, with plans to host a variety of performances and events.

Bayfront Promenade Breaks Ground—A Milestone for Jersey City’s Future

On Wednesday, May 14, 2025, Mayor Steven M. Fulop joined the Jersey City Redevelopment Agency, members of the City Council, and community stakeholders to officially break ground on Bayfront Promenade—the… Read more »

From JerseyDigs.com: First Phase of Jersey City’s Bayfront Breaks Ground with Record-Breaking Affordable Housing

Loew’s Jersey Theatre Restoration Project

The Loew’s Jersey Theatre Restoration Project is a public/private partnership with the goal to restore the Theatre into an unparalleled arts destination in the region. The project scope includes major… Read more »