One Journal Square

New Developments, New Jersey

One Journal Square, Jersey City, Kushner Companies, Woods Bagot

All renderings by Woods Bagot

After sitting vacant for over a decade, a large site in Jersey City’s Journal Square will soon be home to two 710-foot towers with over 1,700 units of housing. The Jersey City Planning Board on Tuesday approved Kushner Companies’ controversial One Journal Square project, signaling the beginning of the end of this development saga. The approval came after the city and the developer reached a settlement agreement last October over a lawsuit filed in 2018 against the city by Kushner Companies, run by the family of White House advisor Jared Kushner, that claimed officials stalled the project over “anti-Trump” sentiment.

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Major Developments, New Jersey

one journal square, kushner companies, jersey city

Old rendering of One Journal Square via KABR Group

A partnership headed by Charles Kushner filed a lawsuit in federal court in Jersey City Wednesday, blaming the mayor’s “political animus” toward all things Trump–and, therefore, Kushner–for sending the company’s residential complex into default earlier this year. According to the New York Times, the suit claims that Jersey City Mayor Steven Fulop issued a default against the $900 million development in order to “appease and curry favor with the overwhelmingly anti-Trump constituents of Jersey City.”

More political animus, this way

Major Developments, New Jersey

one journal square, kushner companies, jersey city

Old rendering of One Journal Square via KABR Group

The contentious residential and office tower planned for One Journal Square in Jersey City is getting a second life today when Kushner Companies and KABR Group present revised plans for the project to the city’s Planning Board. Earlier this year, according to NJ.com, the developers failed to get a package of city subsidies, a major investor and future tenant left the deal and a state tax break never came. The updated plan seeking approval includes two 849 foot tall, 56-story towers with 1,512 residential units plus retail and office space. Older plans called for a 56- and 79-story tower with a total of 1,725 units.

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