VH/LL – 281 Fifth Avenue Residential Tower Redevelopment – New Jersey - Project Profile
"VH/LL – 281 Fifth Avenue Residential Tower Redevelopment – New Jersey - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Lend Lease (LL) and Victor Homes (VH) are undertaking the construction of a high-rise apartment tower in New Jersey, the US.
The project involves the construction of a 52-story, 222m high-rise apartment tower comprising 130 condominiums on 24,155m2 of land. It includes the construction of 736m2 retail space, a swimming pool, restaurants, a lounge, fitness center, library, a spa, two terraces, parking and the installation of elevators and related facilities.
The residential units, condominiums, will be located across the 12th through 50th floors.
Rafael Vinoly Architects has been appointed architect. In-house division of LL is undertaking the construction works.
In December 2014, demolition permits for the existing building were approved.
In April 2015, VH filed for building permits for the tower. In the second quarter of 2016, demolition works completed.
As of January 2017, foundation works are nearly completed.
Construction works on the project are underway with completion anticipated by 2019.
The project involves the construction of a 52-story, 222m high-rise apartment tower comprising 130 condominiums on 24,155m2 of land in Jersey City, New Jersey, the US.
The US$400 million project includes the following:
1. Construction of 736m2 retail space
2. Construction of a swimming pool
3. Construction of restaurants
4. Construction of a spa
5. Installation of elevators and related facilitiesReasons To Buy