LCOR, a fully integrated real estate investment, development and management company, on Monday announced the launch of leasing at Hoboken Connect’s 21-story, 704,355-rentable-square-foot office building.
This mixed-use development will significantly transform portions of New Jersey Transit’s Hoboken Terminal, creating a campus-like environment along the southern edge of the city of Hoboken.
An integral component of this approximately 1 million-square-foot, transit-oriented development plan includes a Class A office building located within the footprint of this multimodal transportation hub.
Floorplates will range in size from 30,000 to 40,000 square feet, with 4,330 square feet of ground-floor retail space that will help to activate the at-grade experience for tenants and the community.
In addition, the building will offer a wide array of tenant amenities, including a conference facility, tenant lounge and open green spaces, open work areas, food and beverage options, outdoor and rooftop terraces and a state-of-the-art bike room with locker room and shower facilities.
The building will provide expansive, unimpeded views of Manhattan, from the George Washington Bridge to Lower Manhattan, the Hudson Waterfront and interior parts of New Jersey.
A Cushman & Wakefield team of Ed Duenas, Jon Fales and Ron LoRusso will work in partnership with Eric Reimer of Byrnam Wood to lead leasing efforts on behalf of LCOR.
“We are excited about the official launch of our leasing efforts for Hoboken Connect’s office component, a major milestone in our execution of this broader redevelopment project. The vision for Hoboken Connect was developed through an appreciation for the history and significance of Hoboken Terminal, the city of Hoboken and the people who work, live and move through this space. This redevelopment will leverage, enhance and complement this multimodal transportation hub’s irreplaceable access to Manhattan and interior part of New Jersey, the vibrancy and culture of this dynamic community and proximity to an array of amenities that will make Hoboken Connect the opportunity in New Jersey for a corporation to call home,” Brian Barry, senior vice president, LCOR, stated.
“Hoboken Connect is a one-of-a-kind development, ideally located to provide ultimate convenience and accessibility. As the only NJ Transit train station situated on the waterfront, it offers unparalleled connections via NJT train, NJT bus, Hudson Bergen Light Rail, NY Waterway ferry and PATH, making it the perfect destination for commuters and residents alike. Its world-class design features a unique blend of office, residential and public spaces, all integrated within a seamless and connected environment, for the ultimate live, work, play community,” both Reimer and Duenas said.
Other key components of Hoboken Connect include the delivery of a 386-unit residential property with 20% of those residences designated affordable, the largest brand-new affordable housing offering to be delivered to the city of Hoboken in over a decade.
Additionally, historic preservation and activation of NJ Transit’s historic Lackawanna Ferry Terminal Building, NJ Transit’s Warrington Plaza and a new NJ Transit Bus Terminal, improving the commuter experience and enhancing intermodal connectivity, creating a shared street along Hudson Place.
LCOR and its partners comprised a world-class project team of real estate design, engineering and construction professionals, inclusive of Beyer Blinder Belle, SLCE, FX Collaborative and Matthews Nielsen Landscape Architects serving as the project’s architects and leading all design efforts including private development, public infrastructure improvements, resiliency initiatives and historic preservation. Engineering and construction firms engaged for this complex undertaking consist of Colliers Engineering, ICOR Associated, MG Engineering, Mueser Rutledge Consulting Engineers, Thornton Thomasetti, Holt Construction, Hudson Meridiaen and Pavarini McGovern.
