(To read more on the multifamily market, click here.)

JERSEY CITY-Construction is under way on Hamilton Square, a mixed-use project that at build-out will combine 300 residential condos with 24,000 sf of ground-floor retail space. A first phase of 126 loft-style condos and the retail space is slated for delivery later this year, with an initial offering of the residential units scheduled to start in April.

Hamilton Square, which fronts this city’s two-acre Hamilton Park, is rising on the site of the former St. Francis Hospital in Downtown. The project, the cost of which hasn’t been released, is a combination of adaptive reuse of the old hospital and new construction.

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