26 Journal Square Rehab

Rehabilitation of the abandoned Labor Bank Building.

Investment

  • NMTC Amount: $15,522,500
  • Total Project Cost: $107,387,197

IMPACT

  • 121 FTE jobs
  • 2,001 construction jobs

Investor

Project Description

Mixed-Use rehab – 26 Journal Square is a 55 m (180 ft) high-rise in Jersey City, Hudson County, New Jersey, United States. It was originally known as the Labor Bank Building.

MAP

Address: 26 Journal Square, Jersey City, NJ 7306

Census Tract: 34017002000

Other New Jersey Projects

The project is the largest mixed use development the city has seen in more than 40 years. The NMTC portion of the project supported ABC Supply Co. Inc.’s recently opened

Development of a 63,000 sq. ft. school facility
NMTC financing will power reimagination of historic former Negro League baseball stadium in Paterson, N.J.
Halsey Street Teachers Village Workforce Housing Project B, the last phase of larger development known as Teachers Village in downtown Newark, New Jersey.