JERSEY CITY, N.J. — Tishman Speyer has received a $300 million construction loan through Otera Capital for 55 Hudson, a 58-story tower in Jersey City. The property will be located along the Hudson River in the city’s Paulus Hook neighborhood. The building will offer 1,017 units, as well as 75,000 square feet of amenities and 60,000 square feet of retail and restaurant space. Units will come in one-, two- and three-bedroom floor plans. Tishman Speyer plans to break ground on the project in December. Construction is expected to complete in early 2027.
Once 55 Hudson has delivered, Tishman Speyer also plans to construct another 48-story tower called 50 Hudson. Together, the two-building development will offer nearly 2,000 apartments, over 70,000 square feet of retail space and a 32,000-square-foot waterfront plaza. The plaza will provide a direct connection to Jersey City’s esplanade and will be available for community events.
A joint venture between Noble Construction and Hunter Roberts will serve as the general contractor for 55 Hudson. The design team for the development includes Handel Architects, Marchetto Higgins Stieve Architects, landscape architects Hollander Design and Melillo Bauer Carman and interior designer Michaelis Boyd.