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Old Posted Aug 15, 2018, 2:09 AM
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Location: New Jersey - Somerset County
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Project Update: NJIT/NHA Building Rendering + Extra Info

Extra Info:

While most new developments in Newark have largely consisted of residential units, an upcoming building in the University Heights neighborhood of the city’s Central Ward will be occupied by offices and retail space. Now, Jersey Digs has learned new information about the project.

The five-story structure that will be built on properties such as 209-221 Central Avenue, 11-21 Hoyt Street, 64-68 Sussex Avenue, and 20-22 Lock Street will include a combined 12,645 square feet of retail space, according to a listing from Colliers International. The listing also states that the building will be available during the fourth quarter of 2019 and that there will be 34 dedicated parking spaces and a loading area for the four 16-foot-high retail spaces.

Renderings from Netta Architects show that the property’s planned six-story parking garage, which a legal notice from last year stated would include 430 spaces, would be located behind the building. The development would include a fifth-floor terrace and prominently feature the letters “NHA” on the side, according to the renderings, a reference to the Newark Housing Authority, which owns the site. The agency, along with the New Jersey Institute of Technology (NJIT) and Claremont Construction, is behind the proposal for this Newark Central Planning Board-approved development.

The 125,000-square-foot building’s fourth and fifth floors would contain space for NJIT, according to the website of Concord Consulting Engineering PC, with office space on the third floor and retail space taking up the first and second floors.
Credit: Jersey Digs
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