The first phase of construction is underway for Jersey Walk, the mixed-use development at the site of the former Elizabeth General Hospital on E. Jersey St. in Elizabeth. The hospital closed more than a decade ago and the 5.5 acre site has sat unused. Now, a $125 million project is going up to try to revitalize the area and provide housing and retail space.

The first phase includes the construction of two six-story buildings. The approximately 218,000 square-feet will have 274 studio, one-bedroom, and two-room units, as well as 3,000 square feet of retail space on the ground level. The parking garage on the site, which can have nearly 550 spaces, will also be renovated.

Phase I is expected to be completed in Spring 2021.

Phase II will consist of the construction of two more six-story buildings with a total of 240 additional residential units.

Plans for the redevolpment of the site have been in the works for years. The property was sold to CMT Developers LLC in 2015. This March, the company received the funding it needed for the site, which is within walking distance of the Elizabeth Train Station and Elizabeth Avenue business district.