Welcome to the Arts and Powerhouse building, a 135K rentable SF best-in-class loft-style office/retail property located in the heart of Jersey City’s historic waterfront Powerhouse Arts District. The KABR Group and Kushner Cos. acquired the property located at 130 Bay St. in 2017. After years of planning, construction and collaboration, the $30M transformation is now completed and ready for lease.
This former warehouse building has been repurposed into a high-tech commercial space featuring New York-branded retail and loft-style office space, providing tenants with a vibrant community for business and creativity. The district gets its name from the Hudson and Manhattan Railroad Powerhouse, a Victorian-era powerplant that will be renovated into an arts center.
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About The Asset |
Ownership has invested $30M to convert the property into an innovation space that will inspire new artists which is slated for completion in the fourth quarter of 2024. This property will include more than 15K SF of rooftop deck for tenants, 20-foot ceilings and a $250K fund for a space dedicated to the display of works created by local artists.
About The Neighborhood |
The property is on the Jersey City waterfront on the Hudson River, featuring picturesque views of Manhattan. The building’s immediate proximity to both Exchange Place and Grove Street PATH stations makes it convenient for transit between Hoboken, Midtown Manhattan and the World Trade Center. Through nearby Hudson-Bergen Light Rail, it connects to Bayonne, Jersey City and Union City. The Arts and Powerhouse building is minutes from Newark Liberty International Airport, I-78 and the Holland Tunnel, providing direct access to Soho and Lower Manhattan.
PROPERTY HIGHLIGHTS |
Brand-new office asset in Hudson County primed for tenants' premier corporate headquarters.
An abundance of rooftop space, open floor loft-style space and state-of-the-art HVAC filtration systems.
Best-in-class retailers with outdoor dining and drink options with Han Dynasty, Daily Provisions and Tacombi.
Retailer Rumble Boxing and Spear Physical Therapy practice provide fitness and wellness needs for office users and the neighborhood alike
Covered parking one block from the building.
Full-height adjustable windows to maximize the natural room lighting.
Available Space Listings |
First Floor - retail
Second Floor - 20,877 RSF
Third Floor - 31,427 RSF
Fourth Floor - 31,506 RSF
Fifth Floor - 19,906 RSF
Sixth Floor - 10,602 RSF
BROKER INFORMATION |
Conor Dolan, conor.dolan@cbre.com
David Opper, david.opper@cbre.com
This article was produced in collaboration between The KABR Group and Studio B. Bisnow news staff was not involved in the production of this content.
Studio B is Bisnow’s in-house content and design studio. To learn more about how Studio B can help your team, reach out to studio@bisnow.com.
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