Tishman Speyer has closed a US$331 million construction loan from Canadian investor CPDQ to build 50 Hudson, a 40-story tower in Jersey City. The project is the second phase of a two-building development totaling 1,941 apartments and 70,000 square feet (6,503 square meters) of retail space along New Jersey’s Gold Coast.
The building at 50 Hudson will feature 924 apartments—ranging from studios to two-bedrooms—with Energy Star appliances and select units offering views of New York Harbor and the Lower Manhattan skyline. It will also include 10,000 square feet (929 square meters) of retail space.
Amenities at 50 Hudson will include a swimming pool, fitness center, and courts for tennis and pickleball. Residents will also benefit from nearby dining and transit options, as well as proximity to Liberty State Park and Jersey City’s waterfront promenade, which will be expanded with a new public plaza as part of the development.
Designed by Handel Architects and Marchetto Higgins Stieve Architects, with interiors by Michaelis Boyd and landscaping by Hollander Design and Melillo Bauer Carman, 50 Hudson will share a cohesive design vision with its neighboring high-rise development, the 58-story 55 Hudson, bringing 1,017 units and is already under construction, set to open in 2027.
Construction on 50 Hudson is set to begin this spring, with completion expected in 2028.
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