In recent years, this area of Jersey City has undergone gentrification. Prior to the September 11 attacks Jersey City had three office towers over 100 meters tall. Since then, three more office towers and 10 residential buildings over 100 meters in height have been completed. In January 2016, the Federal Aviation Administration gave navigational clearance for construction of a 79-story, residential and commercial tower planned by the Chinese Overseas America Corporation, which would succeed the Goldman Sachs Tower, also in Downtown Jersey City, as the tallest skyscraper in New Jersey.