Brookfield Veterans Plan $1.5B Waterfront Towers in Jersey City

Esen, in partnership with Evergreen and backed by Singapore’s Croesus Group, acquired the 4-acre site earlier this year for $110.8 million. The multiphase development will deliver a range of units from studios to three-bedroom apartments. Towers 2 and 3 will follow in subsequent phases, bringing over 1,400 additional units to the growing waterfront neighborhood.

The project will include 30,000 square feet of public open space, a pedestrian corridor between Washington and Greene streets, and a courtyard adjacent to Harborside Park. With views of Manhattan and the Statue of Liberty, the site sits near a Whole Foods, Grove Street retail, and the PATH train, offering easy access to NYC.

Esen’s leadership team, including executives from Brookfield and Forest City, has collectively delivered major developments like Barclays Center in Brooklyn and The Yards in D.C. Their Jersey City project aims to redefine the area’s skyline while tapping into surging demand for urban luxury living at relatively more affordable prices compared to Manhattan.