Construction has officially begun on a fresh mixed-use tower at 107 Morgan Street in Jersey City’s Powerhouse Arts District. The development will transform a former parking lot into a high-rise complex featuring significant public streetscape improvements.
Development Origins and Site Details
The 1.73-acre site, which spans nearly an entire city block, was acquired by LCOR in 2024 for $54 million from Veris Residential. Work is now underway following approvals granted in late 2024.
The project is designed by SLCE Architects with landscaping provided by Melillo Bauer Carman. The tower will rise 34 stories, reaching a total height of 350 feet.
Architectural Design and Residential Mix
The building will feature a two-toned aesthetic, combining a five-story base with an industrial appear to honor the neighborhood’s history with a black-brick façade for the remainder of the tower.

The plan includes a total of 633 dwelling units. This residential mix consists of 80 studios, 412 one-bedroom apartments, 134 two-bedroom units, and 7 three-bedroom residences.
Under current zoning, no affordable housing component is required or included in the development.
Retail and Public Amenities
At the street level, the project will provide 19,635 square feet of commercial and gallery space divided among three storefronts.
A key feature of the development is a 5,200-square-foot mid-block open space known as an “arcade.” This public area is set to include a plaza, seating areas, and public art exhibits, utilizing a series of arches to connect the site to the development to the east.
Resident Facilities and Regional Impact
Resident amenities will include an indoor amenity space with an outdoor pool and amphitheater on the sixth floor, as well as roof decks on both the sixth and 34th floors. The first five floors will house a garage with 213 parking spaces.
LCOR utilized a bonus height provision from the Powerhouse Arts District Redevelopment Plan for this project. The company has likewise been involved in other regional efforts, including improvements to 335 Washington Boulevard, which will grow the Washington Creative Center after a Jersey City Council ordinance last year accepted the building from LCOR.
This project is LCOR’s second major venture in Hudson County. The firm is also leading the Hoboken Connect project, which includes a train terminal overhaul and a 27-story residential complex.
Future Outlook
While an official completion timeline has not been announced, the project may significantly alter the skyline of the Powerhouse Arts District. The completion of the “arcade” could potentially enhance pedestrian connectivity between the site and its eastern neighbors.
Frequently Asked Questions
How many residential units will 107 Morgan Street have?
The development will include a total of 633 dwelling units, comprising 80 studios, 412 one-bedrooms, 134 two-bedrooms, and 7 three-bedrooms.
Does the project include affordable housing?
No affordable housing is included in the development, as it is not required under existing zoning.
What public features are included in the design?
The project includes a 5,200-square-foot “arcade” featuring a plaza, seating, and public art exhibits, as well as 19,635 square feet of ground-floor commercial and gallery space.
How do you think the addition of public art and “arcade” spaces will impact the feel of the Powerhouse Arts District?
