September 19, 2017

Groundbreaking at University Place Redevelopment Project

Dignitaries to Participate in Ceremony for Launch of KKF Residential Building on September 20
 
New Jersey City University (NJCU) will hold a groundbreaking ceremony Wednesday, September 20, 2017 at 2:00 p.m. for the second of four mixed-use residential buildings at University Place, a development which aims to create a unique sense of place between NJCU’s main campus and the adjacent neighborhood. The groundbreaking will be held at 63 University Place Boulevard in Jersey City.
 
The $83 million P3 (Public-Private Partnership) residential project, led by KKF University Enterprises, LLC, will build two building that will have a combined 301 market-rate apartments, more than 11,000 square feet of transformative commercial space on West Side Avenue, and parking for 303 vehicles. The first building to be constructed is the 205,400 square foot, $43 million apartment building.  The building will have 149 apartments and 151 parking spaces.  Occupancy for this first building is scheduled for fall 2018.
 
University Place is a $400 million redevelopment project which will greatly enhance Jersey City’s west side and have an enormous economic impact. University Place will provide students, faculty and neighbors with a welcoming place to live, work, dine, and shop.
 
Future construction will bring additional shops, a supermarket and other retail amenities, along with ample on-street parking and garages.  Also planned are academic and non-academic facilities, including a center for the performing arts. The first project to be completed at University Place was NJCU’s West Campus Village Residence Hall which opened in September 2016. The first of four mixed-use residential buildings is slated for completion in 2018.
          
Those participating in the ceremony will include:
  • Rafael Perez, Esq., Chairperson, NJCU Board of Trustees;
  • Dr. Sue Henderson, President, NJCU
  • Sandra B. Cunningham, NJ State Senator, District 31
  • Steven Fulop, Mayor, City of Jersey City
  • William O’Dea, Vice-Chairperson, Hudson County Board of Chosen Freeholders
  • Rolando R. Lavarro, Jr., President, City Council of Jersey City
  • David Donnelly, Executive Director, Jersey City Redevelopment Agency
  • Paul Silverman, Member, NJCU Foundation Board of Directors
  • Greg Lentine, Director, University Campus Development, KKF University Enterprises, LLC
  • Anthony V. Bastardi, Chairman and Chief Executive Officer, Strategic Development Group
  • Dr. Aaron Aska, Chief Operating Officer, NJCU.
 
 
ABOUT New Jersey City University (NJCU) 
The mission at New Jersey City University (NJCU) is to provide a diverse population with an excellent education. The University is committed to the improvement of the educational, intellectual, cultural, socioeconomic, and physical environment of the surrounding urban region and beyond.  Established in 1927 as a training school for teachers, today NJCU is among the most comprehensive universities in the state.  Located in Jersey City, NJ, and minutes from New York City, NJCU's fully accredited College of Arts and Sciences, Education, Professional Studies, and School of Business offer 43 undergraduate degree programs and 27 master’s programs and 2 doctoral programs, including emerging and interdisciplinary fields.
 
NJCU students engage in rigorous applied-learning experiences that include opportunities to study abroad, and cooperative education internships.  NJCU operates two additional campus sites—NJCU School of Business at Harborside Plaza 2 in Jersey City’s financial district and NJCU at Brookdale in Wall Township in Monmouth County.
 
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