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Campus Spanning Hoboken-Jersey City Border to Feature 500,000 SF of Medical Office, Retail, Multifamily, Coworking, Green Space and More
HOBOKEN, N.J., September 29, 2021 – The Hoboken Zoning Board of Adjustment this week provided final site plan approval for The Boundary paving the way for a master-planned, mixed-use vertical community spanning the Hoboken-Jersey City line, to be developed by property owner JDA Group LLC (JDA).
The September 28 vote was the final site plan approval JDA needed to begin the proposed two-acre, 500,000-square-foot development project, expanding the site of the Mission 50 coworking building (formerly known as the Hoboken Business Center). The Boundary’s half-million square feet will include commercial and medical office space, retail, multifamily units, and a parking garage.
The Boundary represents a long-term investment in the Hoboken and Jersey City communities, revitalizing the former industrial neighborhood into a much-needed multi-functional space for residents. It will elevate the neighborhood with thoughtful improvements to the surrounding infrastructure, bringing live/work/play uses to life.
“Southwest Hoboken can now reach its potential, evolving from its industrial roots into a strongly positioned residential and business neighborhood that will flourish,” said Greg Dell’Aquila, CEO of JDA Group. “During its manufacturing and warehousing heyday through the 1960s, Southwest Hoboken was a very vibrant area. Our evolution for the community will not only bring families back as residents, but also businesses that will transform Southeast Hoboken. It will become a medical campus, office center, and community with top-level amenities.”
The Vision for The Boundary
The Boundary project – at 50 Harrison Street in Hoboken and 2 Hoboken Avenue in Jersey City – sits at the gateway to Hoboken, surrounded by five of the city’s eight vehicular entry/exit points. Despite this advantage, its geographic boundaries and physical barriers – from train lines to busy thoroughfares – effectively separate the neighborhood from the Hoboken street grid, limit pedestrian traffic, and keep the neighborhood from establishing a strong identity. To address this, The Boundary will establish a through street to connect it to the Hoboken street grid.
“Our vision for The Boundary is to be the core of the neighborhood, creating a walkable environment with adjacent and incorporated parks, much-needed retail space, doctors’ offices, corporate and entrepreneurial workspaces, and other community needs,” said Dell’Aquila. “We’re creating a sense of place that complements the entire surrounding neighborhood, Hoboken, and Jersey City.”
The Boundary design embraces a “vertical neighborhood” concept to maximize the potential of this complex site. The project will upgrade the existing Mission 50 building, adding ground-floor retail and expanding the structure for a total of six stories – including the proposed indoor/outdoor event space on the fourth floor. In addition to the new medical office building, The Boundary will introduce approximately 40,000-square-feet of destination retail space that will bring restaurants, boutiques, grocery, and entertainment concepts to a neighborhood with limited shopping and dining options.
Jersey City Segment of The Boundary Previously Approved
Jersey City granted final site plan approval in 2020 for 192 market-rate apartments at 2 Hoboken Avenue. The new, 13-story, glass-facade building will include nine floors of residential over four stories of structured parking, plus 11,500 square feet of retail.
The Boundary design addresses climate resilience, incorporating high-performing, elevated landscaped roofs along with sidewalk bump-outs to manage rainwater throughout approximately 80% of the project, and under-street water detention systems.
Rooftop Landscaped Park to be Unique Attraction
While The Boundary will help maximize the city’s investment in the soon-to-be-expanded Southwest Park by attracting residents and workers, the project will introduce its own public open spaces. This includes an elevated green park – unique in the Hoboken-Jersey City community – atop the proposed parking structure. New and improved streets and sidewalks would make the entire area far more accessible and desirable for pedestrians and cyclists.