Two years ago, Argent Ventures called me to ask about the potential for life science development on a 13+ acre parcel of land they owned in Jersey City, NJ. After conducting in-depth market research, NJK+A framed a vision for a global hub for life science, tech and medicine offering an unrivaled ecosystem for discovery that will become the premier flagship destination for academic and commercial life science, tech and medical entities in New Jersey and the Greater New York Metropolitan Area. (View Case Study )
This week, in partnership with Argent Ventures and Ennead Architects, The Cove JC was announced.
Connected to NYC and New Jersey and served by three international airports, it sits on the Hudson River at the mouth of New York Harbor.
“We are very excited to realize this unequalled vision for a new 21st-century community. The Cove has the scale to be truly transformative not only economically, but also ecologically. The views are phenomenal and the location at the crux of downtown Jersey City and Liberty State Park just can’t be matched. It’s going to be a great place to work and live.”Clay McPhail, Vice President of Acquisitions and Asset Management at Argent Ventures
Rendering: Ennead Architects
As a unique, singular, and unrivalled asset in the NYC/NJ life sciences/tech/ healthcare clusters, The Cove JC could propel the combined NYC/NJ life sciences cluster into a national powerhouse.
The key objectives to advance this project twofold is:
- To establish The Cove JC as a vibrant and growing destination for global innovation in the life science/tech/healthcare sectors, and
- Branding The Cove JC to firmly connect the project to every component of the innovation ecosystem and establish it as a convening place for Innovators – from Bio to Tech to Healthcare.
The Cove’s geographic location benefits from the largest concentration of biomedical engineers and scientists in the world. Upon completion, the mixed-use campus will encompass 13+ acres, comprising 1.4 million square feet of lab/tech office and 1.6 million square feet of residences with ample room for parking. It also includes a waterfront park that brings the outdoors in and the indoors out — for tenants, residents, and the Jersey City community alike. It will be filled with lush greenery and vertical gardens, eye-catching biophilic design pieces, event spaces, and terraces.
As a ground-up development, it will offer the very latest in space requirements for the life sciences industry, focused on flexibility, collaboration and efficiency. And it will offer an environment unique in the Greater New York Metropolitan Area that is particularly attractive to the younger, highly skilled employees that life science/tech companies need, at lower rental rates and with great incentives.
Nancy J Kelley + Associates is leading the marketing and leasing efforts for The Cove JC. Visit thecovejc.com for more insights on this development and send inquires to info@thecovejc.com.
We look forward to working with you.
Rendering: Ennead Architects
What Community Leaders Are Saying:
“The Cove epitomizes our commitment to reigniting New Jersey’s innovation economy as a global leader in technology and life sciences. With the most educated workforce in the country and unmatched location, New Jersey is uniquely positioned to innovate and build the companies of the future.”Governor Phil Murphy, State of New Jersey
Rendering: Ennead Architects
We have worked to establish Jersey City as a sought-after destination for innovation, science and technology, igniting an untapped economic engine that is attracting jobs and countless other opportunities for our community. The Cove is an exciting addition to Jersey City on this front, and, coupled with neighboring SciTech Scity, will further strengthen Jersey City and the entire State of New Jersey as a leader in scientific and technological innovation.”Mayor Steven M. Fulop, City of Jersey City