Jersey City, NJSize
BlueGate Partners and GRID Real Estate have been exclusively retained to secure a long-term ground lease or Joint Venture/Sale of 808 Pavonia, a fully approved mixed-use residential community in Journal Square, Jersey City, New Jersey (the “Project”). 808 Pavonia, located minutes from Manhattan and the Jersey City Waterfront, is a unique development opportunity that will provide future residents with an unparalleled living experience combining the best of urban resort living ensconced within an amenity filled environment. The Project’s landscaped “private highline” will provide urban greenery and will be similar in feel to the Chelsea Highline, creating an “urban-suburban” living space at a fraction of the cost. Located adjacent to the Journal Square Transportation Center, the Project will encompass vibrant public space that will enhance the cultural element inherent within the heart of Journal Square. The Project also features an opportunity to integrate the existing street grid by creating a walkable pedestrian thoroughfare that will include a museum, cultural facilities, and a small retail component next to Loews Theater. The overall plan utilizes architecturally significant design and amenities in both form and function that will create a new standard of living in Journal Square.