Administration’s Efforts to Leverage Development and Private Sector for Community Benefits comes to Fruition
JERSEY CITY – Mayor Steven M. Fulop joins City Council members to announce the approval to move forward with the Laurel and Saddlewood Court project as passed 7-1 by the municipal council last night. Construction will include over 800 residential units, of which 5% is mandated affordable housing, as well as major onsite stormwater capture improvements, a public park, and a new 50,000 square-foot public school for PreK-5 students – valued at nearly $25 million, at no cost to taxpayers.