The Bayfront Redevelopment Project in Jersey City just hit another milestone with the launch of its second phase, Cove Pointe. Backed by an $8.6 million preferred equity investment from New Jersey Community Capital (NJCC), this ambitious development aims to bring thousands of new homes, retail spots, parkland, and vital community infrastructure to the Hackensack River.
BRP Companies, the City of Jersey City, and Bayfront Development Partners have teamed up on Cove Pointe. They’re looking to turn the city’s western waterfront into a vibrant, welcoming neighborhood—one that feels alive and actually works for everyone.
Easy booking across hundreds of accommodations from luxury high-rises to unearthed brownstone treasures.
Browse Accommodations Now
Cove Pointe: A Game-Changer for the Bayfront
Perkins Eastman, a well-known architectural firm, designed Cove Pointe to include between 1,400 and 1,600 new residential units. These will be spread across four sleek, modern buildings.
This phase comes right after the summer 2024 groundbreaking of Bayfront Promenade, which kicked off the first phase. That part is adding 210 new homes, plus retail space and access to the waterfront.
Cove Pointe isn’t just about housing. It’ll add fresh retail activity and green parkland along the Hackensack Riverfront, aiming to build a walkable, livable community.
Residents will get direct access to recreation and shopping, all just steps from their front doors. That’s the kind of convenience more cities could use.
Reviving a Former Brownfield
The Bayfront site has a complicated past. Honeywell’s old industrial operations left the land heavily contaminated, but after extensive cleanup, Jersey City acquired it in 2018.
Now, it’s a standout example of how you can turn a neglected brownfield into a lively urban district. Not every city manages that kind of turnaround.
The full Bayfront plan envisions up to 8,000 homes, with a real focus on affordability. Thirty-five percent of all units are set aside as affordable or workforce housing.
Find available hotels and vacation homes instantly. No fees, best rates guaranteed!
Check Availability Now
That kind of mix helps keep the community diverse—people from different backgrounds all finding a place to live, work, and hang out.
Infrastructure and Community Benefits
Bayfront isn’t only about more housing. The project will add new civic infrastructure to support everyone moving in.
Plans call for:
- A new charter school
- A modern fire station
- Better transit connections, including a future light rail stop
- A proposed water taxi to Newark Liberty International Airport
Mixing transit, homes, and green space follows current urban planning thinking. It could set a new standard for other city districts in the area.
Why NJCC’s Investment Matters
NJCC’s $8.6 million backing fits their goal of turning overlooked spaces into thriving communities. By supporting Cove Pointe, they’re doing more than just funding construction—they’re betting on economic growth, social equity, and environmental renewal.
This investment shows real confidence in Jersey City’s ability to pull off one of the biggest redevelopment projects in New Jersey’s history. That’s no small thing.
Bayfront’s Role in Jersey City’s Growth
Jersey City has carved out its spot as one of New Jersey’s top places to live and work. The skyline’s impressive (some say it rivals Manhattan), and the city’s cultural diversity keeps drawing new residents.
Bayfront’s redevelopment will bring more housing options, open up the waterfront, and boost local business. Affordability remains a top priority, which is honestly refreshing to see in a project this size.
Visitors will notice the changes too. There’ll be more choices for where to stay in Jersey City and new attractions along the Hackensack waterfront.
Expect fresh restaurants, shops, and outdoor spaces to pop up—adding to the growing list of things to do in Jersey City.
Connecting to the Region
Improved transit will make getting to Jersey City a breeze. Whether you come by light rail, ferry, or the future water taxi, the redevelopment aims to welcome both residents and visitors.
This better connectivity should make exploring the rest of the city—Downtown, Journal Square, you name it—way more convenient. And honestly, that’s something a lot of us have been waiting for.
Looking Ahead
Cove Pointe is moving forward, and honestly, Jersey City keeps showing that smart, sustainable redevelopment isn’t just possible—it can actually work for everyone. The Bayfront project blends housing, green space, and much-needed infrastructure.
It might just become a model for waterfront revitalization all over the country. For travelers and locals, these changes won’t just upgrade Jersey City hotels and hospitality spots—they’ll add new layers to the city’s already unique culture.
The Hackensack Riverfront is coming alive. Soon, the west side of Jersey City could shine just as brightly as that famous Hudson-facing skyline.
—
Find the perfect hotel or vacation rental. Instant booking, no fees!
View Top Stays
Would you like me to also prepare a **meta description** for this blog post so it’s ready for optimal search engine performance?
Here is the source article for this story: Phase Two of Bayfront Residential Complex Receives Funding
Getting Around Jersey City, NJ
Plan Your Stay in Jersey City, NJ
Things to Do in Jersey City, NJ
