# What happened Council gave final approval to a PILOT (Payment In Lieu of Taxes) agreement for the Canal Crossing Project, a 508-unit housing complex in the Bergen-Lafayette neighborhood. The council-approved plan includes 102 units designated as affordable housing, with some rents reported to be under $1,000.
# Where and why it matters The development sits on part of a 111-acre site east of Liberty State Park that was used for industry for more than 50 years and left contaminated with chromium. City officials say the property now meets strict state cleanup standards after long community pressure for remediation. The site is adjacent to the Garfield Avenue light rail stop, which provides transit access.
# What the project includes
- 508 total residential units, of which 102 are affordable. Some of those affordable units will have rents under $1,000.
- Nearly 20,000 square feet of new commercial and retail space.
- Commitments described by city officials to create good union jobs during construction.
# Finance, timeline and city position The approved PILOT lets the developer contribute an agreed annual payment to the city instead of paying conventional property taxes. Deputy Mayor Keshav Poddar said the project will produce tax revenue roughly 13 times what the property currently generates. Jersey City's chief of staff framed the approval as the first fully negotiated housing agreement under Mayor James Solomon's "Building for Working Families" agenda. Officials estimate the first move-ins could occur in about two years.
# Community context and history Residents had pushed for cleanup and redevelopment of the contaminated Canal Crossing site for decades. Mayor James Solomon said residents "fought for decades to reclaim this land," and described the project as delivering affordable homes, union jobs, and a new park on previously vacant industrial land. The plan aims to reclaim and reuse the former industrial parcel rather than leave it empty.
# What to watch next
- The detailed timeline and phasing for construction and occupancy, including how soon the 102 affordable units will be available for rent.
- Exact PILOT payment schedules and how those funds are allocated within the city budget.
- Park construction progress and how the Garfield Park will connect to the Morris Canal Greenway and Berry Lane Park.
# Bottom line