Continuing the discussion from JERSEY CITY | The Waterfront Redevelopment:
E. Assata Wright Sep 22, 2013
Manhattan Building Co., which has already finished the first of several developments along Jersey Avenue near 17th and 18th streets, last week broke ground on Cast Iron Lofts II, a 232-unit luxury rental development that should be completed in approximately 22 months.
The project is being built with $250 million in what Greer described as “private financing” and will create a total of 800 to 1,000 construction and permanent jobs.
Manhattan Building is also in talks with the city to develop another nearby site that could be home to a third development, a two-tower, 400-unit project that would complete the Cast Iron community.
Given its proximity to Hoboken, Weiss has taken to calling the area SoHo West, as in “south of Hoboken,” an obvious nod to the better known SoHo and Soho districts in New York City and London, respectively.