With litigation recently settled, developer HAP Investments has been granted automatic site approval for the $400 million HAP 11 Tower Park and Community Center in Jersey City. The Summit Ave project, which has been in the works for years, can now move forward as part of the development of the Hilltop neighborhood near Journal Square.
The two existing empty two-story residential structures will be demolished, clearing the way for a 42-story, one million square foot mixed use tower. There are 800 residential units planned along with 35,000 square feet of retail.
Under the terms of the agreement, HAP will construct a 0.8-acre park at the location, as well as a $2.5 million community center, both of which will then be transferred to city ownership. The tower will be built first and the community center and park must be completed within a year of the residential units Certificate of Occupancy. In addition, 40 of the 100 spaces in the garage will be reserved for the community center and park.