The path has been cleared to develop a vacant lot in the heart of Downtown Jersey City into a standalone recreational cannabis dispensary as a business called Bud Space has been green lit for a corner of Newark Avenue.
During their May 9 meeting, Jersey City’s planning board approved an application at 270 Newark Avenue. The lot has been empty since 2018 when then-owner KABR Group tore down a historic building at the property in a seemingly sudden manner.
KABR later won approvals that same year to redevelop the site, but they never came to fruition and the company tried to sell the parcel instead. The land was eventually auctioned and purchased by 270 Newark Avenue LLC, an entity associated with Monroe-based Green Homes Builders LLC.