NEWARK | 2 Center St (One Theater Square) | 298 FT | 22 Floors
 

http://28nwgk2wx3p52fe6o9419sg5.wpen...-newark-nj.jpg

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http://www.dranoffproperties.com/por...center-street/

I like the curves. Very nice. The entire district is set for more development and improvements.

Just as a reminder to the SSP map editors, this project due to financial issues was downsized. I noticed on the SSP project map for Newark,NJ that it was over 460 FT. That should probably be updated as its the old proposal, pic below, was the development that corresponds to the map info.

Old Proposal:

http://media.nj.com/ledgerupdates_im...67f4_large.jpg

The current one is the one in the first post, and the developer will make this happen.

Construction to Begin on Newark’s First New Residential Tower in 50 Years

http://jerseydigs.com/one-theater-sq...-construction/

http://28nwgk2wx3p52fe6o9419sg5.wpen...-rendering.jpg

http://28nwgk2wx3p52fe6o9419sg5.wpen...-newark-nj.jpg

Nice to see Newark finally joining the game. It's under a 10 min walk to the Newark Penn Station, which provides PATH and NJ Transit service to Manhattan. It's also a stone throw away from the Newark light rail. Good things happen with rail transit.

https://cdn-standard.discourse.org/u..._1_375x500.JPG
Credit: Jepherson_Ventura

Updated 1st post to include the new rendering.

This is quite big news for Newark. I'm still waiting for the JC style boom to come. Newark is vastly, I repeat, vastly underrated and arguably has the most potential of any NJ city. Its time will come!

There are some things going for it now though. Teachers Village, and over by NJIT and the university where I attended, Rutgers Newark, a new bio building u/c and dorms along with a recreational center.

Is that a pile driver in the pic up above?

Yes. Drilling rig on scene.

do you really believe it's underrated? I'm not arguing with you - I'm just curious why you think that? I'd love to hear your thoughts...

When I look at Newark, it seems to have really poorly constructed buildings (with the exception of a few of the DT skyscrapers), a confusing city layout, not a lot of green areas or parks, heavily polluted areas, and it's still fairly expensive....

again, not arguing, I'd just like to hear the argument for....seems like everywhere else is booming in metro NYC and Newark is kind of in a holding pattern

Underrated in terms of real estate developers investing in the city. Its proximity to NYC is bar to done, and the city is quite walk-able, has great culture, and is a big market that needs to be tapped on a larger scale. I think its bound to happen.

I think the biggest obstacle to this is political and crime. Political in the sense that city hall does not have the appetite for gentrification because it likes to keep the city as a social welfare state in order to continue to breed corrupt policies and retain a city government full of nepotism, and racism. The biggest being crime. Exception of a few neighborhoods, large swaths of the city are a little sketchy, and full of crime. The South and West District especially. Not necessarily the breeding ground for young couples and one in which to raise a family. Irvington is the same type of deal. Use to be very nice place in the 50's, but now its gone to shit.

I still feel that Newark can go the way of Brooklyn in time due. Lots of potential.

The city also needs to end the corruption. Anybody btw that doesn't see the point that I highlighted in bold is in a bubble. Newark needs a big fix to its local government before good, progressive policies can come to fruition.

Taken on 12/28/16

https://photos.smugmug.com/Urban-Red.../X2/135-X2.jpg

thanks for your view point

I disagree with you chris , the City has been aggressive on crime and it has paided off as the rate has gone down last year... Development is pouring in , there are over 3,000 units under construction in Newark and if everything goes smoothly another 10k by end of 2017... Each week there are a few new projects that are announced...and some big projects like Teacher's village phase 2 , Newark Broad Street redevelopment and Triangle park redevelopment are expected to break ground by end of 2017/Q1-2018... Sure Newark has a corruption problem but so does New Jersey as a whole and the Northeast in general...that hasn't stopped other cities from making a comeback and it doesn't appear to be slowing Newark... Things are heating up...as for the project size its a little scaled back but its still very infill... The City layout is your standard Northeastern Urban Layout with a few odd Urban Renewal changes...

:order:

Back on topic guys. If you want to discuss city issues, take it to the city discussions.

NEWARK | One Theater Square (2 Center St) | 298FT / 91M | 22 FL
 

Never thought this day would come, but it's rising!

https://jerseydigs.com/one-theater-s...-construction/

Image courtesy of BLT Architects:
https://28nwgk2wx3p52fe6o9419sg5-wpe...-newark-nj.jpg


A new building coming to Newark will tower over the city’s Downtown. Named, One Theater Square, it will be the city’s first new residential high-rise since the 1960’s.

One Theater Square will rise along Center Street, between Park Place and Mulberry Street, just across the street from the New Jersey Performing Arts Center (NJPAC) and the recently rehabilitated Military Park. The 22-story building is being developed jointly by NJPAC and Philadelphia’s Dranoff Properties.

“It’s a complete game-changer for Downtown”, Dranoff Properties CEO Carl Dranoff told Jersey Digs, adding that “it will add glamour and glitz and be a perfect compliment to the New Jersey Performing Arts Center”.

One Theater Square was designed by BLT Architects and will cost an estimated $116 million to construct. Once completed, the tower will contain 245 apartments, ranging in cost from $1,250 to $4,500 per month. All will include balconies, and there will be 285 parking spaces for residents.

“We’re going to market to everybody”, said NJPAC President and CEO John Schreiber in an interview with Jersey Digs. “The tenant mix will be quite diverse”, he added.

On the building’s ground floor, there will be 12,000 square feet of retail space, though tenants have not yet been announced. “There will be a combination of retail resources for tenants in the building as well as restaurant venues that will be destinations for folks outside of the city”, said Schreiber. Dranoff stated that possible businesses could include a sandwich restaurant or coffee bar. Plus, the Newark Police Department will operate a substation in the building.

“What was missing (in Newark) was a brand new high-rise building”, said Dranoff, adding that potential residents “want that urban experience of living in a downtown area and they don’t want a garden apartment in the suburbs”.

The project was actually first proposed near a decade ago. However, the site, which currently consists of a small building and a parking lot, has not seen any development since.

“We did not know that there would be a financial abyss in 2008”, said Dranoff, and according to Schreiber, the recession “put a damper on a lot of construction that was intended for the market”.

Now, development is finally slated to begin at the site. Demolition of the building at the property is expected to begin in less than 30 days, the building is scheduled to open by spring of 2018, according to Dranoff.

(read more at Jersey Digs)

Here's a pic of the core from today:

http://i.imgur.com/jNmITRE.jpg

Existing thread: http://skyscraperpage.com/forum/show....php?p=6622065

Mods, can the two be merged.

Thanks

Thanks Chris. Hope the mods get on top of that...

Here's another pic of the core from today:

http://i.imgur.com/3EtY7ex.jpg