Pivoting With Pandemic, 3 Acres in New Jersey Municipality Offers Micro-Units, High-End Amenities
While Jersey City’s waterfront has long been a hot spot for redevelopment, its West Side has seen a recent surge of activity. And the 3 Acres luxury multifamily complex is another sign of the rising tide for the neighborhood.
The project was built on a remediated former industrial site at 400 Claremont Ave. At 3 acres, it was a large enough parcel for builder-owner 400 Claremont LLC to construct a 629-unit apartment building that’s horizontal, just six stories tall, rather than rising vertically as a high-rise, saving an enormous amount in costs, said Art Johnson, a principal at the company.
CAHN PR 