A Chinese developer is planning a 95-story condominium tower for the Jersey City, New Jersey, waterfront that would be the tallest building in the state.

China Overseas America Inc. plans to construct the 950-foot building at 99 Hudson St., according to a statement on Tuesday from Mayor Steven Fulop. The skyscraper, with 760 for-sale dwellings, would surpass the Goldman Sachs Group Inc. tower two blocks to the south, which is 781 feet tall, according to the statement.

The project shows how Jersey City has become a refuge and market of choice for a mix of empty-nesters and buyers priced out of Manhattan, Fulop said in an interview. The plan, calling for condos ranging from one to three bedrooms, shows that the city is attracting more families and others who want to buy homes and remain there.

“This building will literally have the best view in the world,” Fulop said. “It’s going to have panoramic views of the Statue of Liberty, Ellis Island and the New York City skyline.”

The final project will include an affordable-housing component, to be determined, Fulop said.

Condominium towers targeting wealthy buyers have been rising across the Hudson River in Manhattan, as apartment prices have climbed to their highest since their 2008 peak. One of them, 432 Park Ave., will be 1,397 feet tall upon completion, taller than the Empire State Building. High-rise towers are also going up across the East River in Brooklyn and the Long Island City section of Queens.

 

‘Building Bigger’

In Jersey City, about 6,000 residential units are under construction, and 18,000 more have been approved, the mayor said in his statement. As new projects have opened, the population has grown, showing people are being attracted from outside the city limits, he said. Jersey City is likely to pass Newark to become the state’s most populous city next year, according to Fulop.

“Jersey City is becoming one of the premier mid-sized cities in the country,” Fulop said in the interview. “We’re building bigger and you’re going to see a totally different-looking skyline over the next five years.”

The nearby Trump Plaza, at 532 feet, is currently the state’s tallest residential building, according to the statement.

The city’s planning board will vote on measures needed for the project at a meeting Tuesday night in advance of city council approval, according to the statement. Construction may begin by the end of June.