Marbella Apartments Marbella Apartments is a 427 ft tall skyscraper in Jersey City, New Jersey . It is the 17th tallest building in Jersey City . When it was completed, it was the tallest residential building in Jersey City. Marbella was submitted for city planning board approval in 1998 and completed in 2003; the building has 40 floors, containing 412 apartments. A second tower called M2 opened in June 2016 and is slightly taller than the original one at 450 ft and 38 floors, with 300 apartments. It is being eclipsed by a larger building boom and architectural revival that is taking place in Jersey City, which has now moved toward tall towers.. The Marbella was designed to meet the demands of millennials, who want "to live in a place where they can walk downstairs to the gym, walk to work or to public transportation , and then head to a nearby bar or restaurant" according to Mack-Cali's CEO and executive vice president for development, Andrew Marshall . Although built in 2003, it is seen as part of a larger long term revival in Jersey City. In 2015, Robert Cotter and Jeff Wenger, one of whom is the urban planning director for Jersey City wrote:“Since 1980, 18 million square feet of office space have been developed on the Jersey City waterfront, generating the highest price per square foot office deals in New Jersey history and marking the success of the original ‘Wall Street West’ concept. Currently over 6,000 housing units are under construction with another 20,000 units approved by the planning Board. Much of this development is accommodated with high rise construction with approximately 28 buildings over 300 feet tall and 6 buildings over 500 feet with several more under construction. China Overseas has approvals for a new tower of 889 feet. Within a few years, Jersey City will overtake Newark as New Jersey’s most populous city….”
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