Healy likened the structure to Baltimore’s Pratt Street Power Plant, a former factory in the city’s bustling Inner Harbor that was transformed into a home for businesses such as Barnes & Noble and Hard Rock Cafe.
“Unfortunately, the removal of the smokestacks is something that is unavoidable at this time,” said JCRA Executive Director Bob Antonicello. “The years of deterioration have undermined the stability of the stacks.”
JERSEY CITY — From 1908 to 1929, rail cars would roll through towering iron doors into the huge brick building near the Jersey City waterfront and unload coal to generate electricity for the Hudson & Manhattan Railroad linking New York and New Jersey, now known as the PATH.Since then, however, the Romanesque Revival structure has been largely abandoned, a colossal eyesore amid luxury skyscrapers built more recently by Donald Trump and others on one of the richest stretches of New Jersey’s Hudson River Gold Coast.But the Washington Street Powerhouse may finally be re-energized. Under a plan recently authorized by the Port Authority of New York and New Jersey, the bi-state agency will deed its 55-percent stake in the Powerhouse to Jersey City, the building’s co-owner. Along with a private partner, the Cordish Company of Baltimore, the city plans to redevelop the building into a retail, entertainment and gallery space anchoring the city’s Powerhouse Arts District, an area of warehouses and cobblestone streets where zoning encourages artists to live and work. . . .
Referring to the structure as an "architectural jewel" and "Jersey City's Grand Central Station," Mayor Jerramiah T. Healy said it is slated to become an entertainment and retail center with cafes, restaurants, galleries and perhaps a movie theater that will be the cornerstone of a new artists district.