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Old Posted Jan 10, 2017, 1:11 PM
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chris08876 chris08876 is offline
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Join Date: Jul 2013
Location: New Jersey - Somerset County
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NEWARK | 98-126 Edison Place | FT | 6 FLOORS (Conversion)

Project: 98-126 Edison Place (Conversion; see existing vs proposed)


Existing Structure:

Since 1907, the Newark Warehouse Company Building, also known as the Central Graphic Arts Building, has stood near Newark Penn Station and the Prudential Center at 98-126 Edison Place, at the southwestern corner of McCarter Highway/Route 21, in the city’s East Ward. The building, located in the Downtown Core District Redevelopment Area, has largely been vacant in recent years, with the exception of a small gallery inside that hosted this year’s Ironbound Multicultural Festival. Previously, the building was used for commercial purposes by companies like Iron Mountain and Central Paper Company.

In 2014, a company registered out of ParkFast-owner Edison Properties acquired the building for $7 million from the North Caldwell-based Berkowitz Company, according to NJ Parcels.

Now, we are seeing the first sign of progress on the project from the developer, Newark Warehouse Redeveloper Company, LLC. The company has applied to the Newark Central Planning Board for preliminary and final site plan approval to rehabilitate the building and expand it into a seven-story 456,059 square foot building to be used for office, retail, and commercial purposes, according to a legal notice. The developer is requesting variances in regards to having insufficient street trees and excessive lighting levels, according to board records. Leonard D. Savino P.E. of Parsippany-based Langan Engineering and Environmental Services is registered as the project architect and engineer.
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