HOBOKEN, NJ – The growing neighborhood near the Ninth Street Light Rail station in western Hoboken now has a completed 2-acre resiliency park, including a new 1-acre public plaza for vendors and seasonal markets. The first phase of the park, including a children's playground and public gym, opened last year.
Bijou Properties and partner Intercontinental Real Estate Corporation announced the completion this week of the plaza section of the park, which has step seating, a tilted lawn panel, and play sculptures. They built the park at Seventh and Jackson streets for public use, in conjunction with their residential development 7 Seventy House, a 424-unit high-rise at 770 Jackson St.
The initial phase opened in July, 2019. Besides a playground, it included a 1-acre green space designed for active and passive recreation uses, and a 6,835 square-foot community gymnasium including basketball nets.
The first phase also included infrastructure to capture over 450,000 gallons of rainwater, a big help in flood-prone Hoboken.
The park is two blocks from the city's Ninth Street Light Rail station, which provides access to neighboring cities including Jersey City, Bayonne, North Bergen, Weehawken, and Union City. Several luxury high-rises have sprouted near the station, offering a more affordable alternative to the buildings closer to the Hudson River.
The park's developers noted that the timing of completion of the plaza is good for residents to "enjoy while practicing responsible social distancing."
Larry Bijou, the manager of the locally based development group, said, “Hoboken’s west side is a unique community that’s been carefully planned to maintain a lower density by intelligently blending its residential homes with creative and meaningful retail services and public amenities.”
Intercontinental Real Estate Corporation Chairman and CEO Peter Palandjian added, “We’re excited to see the newest phase reach its full potential as home to outdoor events, festivals, and seasonal markets.”
Hoboken currently has two farmers' markets operating, even among coronavirus restrictions.
7 Seventy House recently launched a virtual tour program to remotely accommodate prospective renters. Monthly rents start in the $2,600s, with limited-time incentives.
Bijou properties, founded in 1999 in Hoboken, created New Jersey’s first LEED gold residential high-rise, first LEED platinum mid-rise, and first Passive House multi-family building.
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