27-Story Residential Tower To Rise Near Hoboken Train Terminal

HOBOKEN, NJ — A 27-story residential tower is set to rise near the Hoboken train tracks over the next several years, to be built in a public-private partnership with the city and NJ Transit.

The tower, called "Charlie," is part of the Hoboken Connect mixed-use development on the transit property. It will include 386 apartments, with 20 percent dedicated as affordable housing.

It will also include 14,920 square feet of amenities, as well as green roofs, stormwater improvements, and a geothermal system consisting of 66 geothermal wells with a maximum depth of 850 feet and electric heat pumps.

Hoboken Connect will also include a separate 21-story office building with a rooftop terrace; 5,000 square feet of retail space, and open space.

On Wednesday, local officials, NJ Transit officials, and the development firm LCOR met at 111 Observer Highway for a groundbreaking.

“The Charlie groundbreaking marks an important milestone in addressing Hoboken’s critical need for affordable housing while paving the way for the revitalization of our transit hub and downtown area,” said Mayor Ravi Bhalla. “The Hoboken Connect project promises to breathe new life into our city."

“LCOR’s ‘Charlie’ is a perfect example of how thoughtful development, as part of the broader Hoboken Connect project, creates unparalleled access to public transportation,” said NJ TRANSIT President and CEO Kevin Corbett. “This public-private partnership with LCOR will ultimately transform the Hoboken waterfront."

"Charlie will deliver a highly desirable living experience along the Hudson Waterfront in Hoboken,” said Brian Barry, senior vice president at LCOR. “Today’s groundbreaking is one part of our larger vision to create a transformative mixed-use development in the neighborhood."

Encompassing roughly 365,000 square feet, Charlie will feature one-, one-, two- and three-bedroom apartments and ground-flo0r retail.

There will also be a first-floor lobby and resident lounge with package room, concierge, and pet spa, as well as a second floor and rooftop amenity space with a fitness center, entertainment kitchen, co-working spaces, dining areas, and an outdoor pool.

Sustainability is a key component. The network of wells and pumps will be the largest residential geothermal system in New Jersey, LCOR said.

“We are thrilled by today’s groundbreaking on this important and transformational project,” said Governor Phil Murphy.

For more details, visit www.HobokenConnectNJ.com.