In 2019, we saw some pretty big changes come to the Port Liberte area, like the new Whole Foods in Jersey City and the approved bid for the Morris Hotel just off Liberty State Park. Although the year is almost over, there’s still one big change recently announced on the horizon: Port Liberte is getting some neighbors!
Check out the latest details on the newly approved resolutions, and see how our corner of Jersey City is changing.
Tons of New Units Approved
There have been whispers of new developments moving into the area around Port Liberte, but the Jersey City Redevelopment Agency’s Board of Commissioners finally approved two resolutions just last month. The three tracts of land slated for development are tucked between Chapel Avenue, Liberty National Golf Course, and Port Liberte.
The Toll Brothers—based in the suburbs of Philadelphia—are the buyers of the land and are expected to continue working closely with the JCRA over the next few months as they finish up the pre-development stage.
The Building Plans
While the plans for the development have yet to be fully fleshed out, the Toll Brothers have an idea of what will go in each tract. In one, they plan to build a five-story building with 400 rental units and a parking structure. In another, the goal is to construct 69 four-story townhomes. There’s no word on what else might be included, but the Toll Brothers’ most recent corporate profile included plans to construct over 400 apartments at Port Liberte.
And this development isn’t the only place where the company has been making its mark in the area. Other local projects include 1425 Hudson Street at Hudson Tea, 10 Provost Street, and The Morgan at Provost Square. Based on these previous buildings, you can likely expect the new development to be sleek, modern, and luxurious.
What This Means for Port Liberte
You might be wary of big changes like this happening right next door, but it’s actually a good thing for Port Liberte residents! Not only does it increase the amount of local businesses and retail spaces near the neighborhood, but you can also expect property values to keep ratcheting up as the area gets more and more popular.
If you’re thinking of buying a home in Port Liberte, then you should act sooner rather than later—you never how much prices might rise!
Stay Posted on Port Liberte News
As our pocket of Jersey City grows, it’s more important than ever to stay up-to-date on the latest trends. Whether you’re buying, selling, or just a local looking for the newest info, I’m here to help. Check out my blog for updates on the latest Port Liberte news, browse my site for all the resources you might need, and give me a call if you have any questions!