Construction has begun on One Journal Square in Jersey City, an almost billion dollar project of multiple buildings which has been in the works for quite some time. Apart from a boatload of residential space that will be added to JSQ, there will be many exciting retail spaces — including a new Target. Read on to learn more about One Journal Square breaking ground and the brand new Target coming to Jersey City.
(Photo credit: Courtesy of Target)
Leading Up to Construction
One Journal Square was first acquired by Kushner Companies in 2014. An updated description on their website details that construction will bring a multitude of landscape: “In the heart of Jersey City’s burgeoning Journal Square neighborhood, our 2 million square foot, $800 million towers are in development. 1 Journal Square is envisioned to rise 66 stories with a podium of vibrant retail, amenities, and cultural uses. New transit connections, a curated sculpture garden, and a new sprawling public plaza at the base of the buildings will embed 1 Journal Square into the urban fabric of the neighborhood.”
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The project, however, ran into legal issues between the developer, Kushner Company, and the city of Jersey City and the Mayor that took two years to settle before moving forward.
(Photo credit: Courtesy of @StevenFulop)
Fast forward to June 15th, Mayor Steven Fulop tweeted breaking news that construction will finally begin: “Tomorrow we break ground on 1JSQ – it’s been a long road but we are here w/largest single residential project in NJ (will be the largest building in this pic). We have multiple 60 story buildings + multiple 30 story buildings under construction here. Skyline is being transformed.”
The following day, the Mayor added news of a Target being part of the retail space: “As part of this site @Target will be opening in JSQ on the ground floor at 1JSQ. It’s going to be a terrific anchor + huge help for residents in the area on many fronts as we add retail options in walking distance. It’s been a complicated project for sure but we’re finally here.”
Images shared by Kushner Companies showed the groundbreaking ceremony taking place on June 16, 2022.
What We Know
^ A rendering of 1JSQ, courtesy of Woods Bagot. Click here for more pics.
Here’s a breakdown of what’s to come at One Journal Square:
- New transit connections
- 41,000-square feet of retail space designed by Woods Bagot that will have glass and steel exterior. Target is the only known store at this time.
- An estimated 1,723 rental apartments: 493 studios, 972 one-bedrooms, 222 two-bedrooms, and 36 three-bedrooms.
- Amenities of the residential development include an indoor lap pool, spa, exercise rooms, squash courts, basketball court, bowling alley, lounges, party rooms, and a library. There will also be two exterior terraces and an outdoor pool.
- A new public plaza along John F. Kennedy Boulevard will include green space and a seating area for the public.
- Curated sculpture garden which will be part of Kushner’s $2.5 million investment in local arts initiatives.
The cost of the project has been estimated at close to $1 billion (approximately $821 million, to be exact).
(Photo credit: Courtesy of Target)
Down the Road
The entire One Journal Square development is expected to be completed by 2026.
Target at 1JSQ adds to the list of other Targets in the area, including the location close to Hoboken at 100 14th Street, another in Edgewater at 543 River Road, one further away in Clifton at 30 Kingsland Road, and the North Bergen location at 7101 Tonnelle Ave.
We can’t wait to see what 1JSQ will look like in four years from now. The Hoboken Girl will keep you in the loop as more information becomes available. In the meantime, stay in the know with @thehobokengirl on Instagram and TikTok.