December 19, 2024

Jasper, the big, mixed-use project rising on the Hunters Point waterfront, caught a big one for its retail portion.

Dumbo Market, a gourmet food emporium thats currently operating as Urban Market in a building across the street, signed a lease for a 13,500 square-foot store on Jaspers ground floor.

To be run by the same team as Urbans, which the Dumbo Market will replace, it will open in twice as much space as its predecessors in early 2025 when the $370 million projects rental apartments open.

Jaspers development team consists of Domain Companies, LMXD (an affiliate of L+M Development Partners), the Vorea Group and Bridge Investment Group.

The completed project aspires to a holistic environment with 499 apartments, of which 150 are reserved for those with a 130% area median income.

Tenants will have access to a pool, fitness equipment and classes and landscaped courtyards.

Dumbo Market has two other locations in Brooklyn and will soon add one in Hoboken.