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Old Posted Apr 11, 2019, 6:42 PM
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Indeed. One of the biggest projects for Newark in recent memory. Big time change coming! I was looking at the pipeline, and some healthy amount of units being added to the city, spread out. North Ironbound is seeing some additions, right next to Branch Brook park, and some portions near RU Newark/NJIT. Couple of conversions as well (hotel/office/residential) of existing stock.

I hope it accelerates, because Newark is a good opportunity that has kinda lagged relative to the big NY/Jersey City boom.
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  #42  
Old Posted Aug 28, 2019, 4:13 AM
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Don't know when it happened, but it had to have been in the last week or two, maybe when I was away. Anyway, the long delayed demolishment of the stadium is nearly complete.
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  #43  
Old Posted Sep 4, 2019, 10:07 PM
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Credit: Jersey Digs
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  #44  
Old Posted Sep 24, 2019, 4:29 PM
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Want to transform Newark? Then the city, N.J. need to offer up incentives, longtime developer says

Quote:
Riverfront Square, Newark’s most ambitious redevelopment, plans to create a new 12-acre mixed-use community that is vibrant, pedestrian friendly and responsive to the needs of today’s residential and commercial populations. The plans bring together four world-class architects to lead the redevelopment of Newark’s Bears Stadium, transforming one of the downtown area’s most important sites into a thriving 24/7 community. The proposed project is expected to provide up to 2,000 residential units, 1.5 million square feet of office space, large and small-scale retail, dedicated cultural spaces and approximately five acres of public open space in the emerging Broad Street Station section of downtown.

Beyond Riverfront Square, Newark is poised to be the beneficiary of more than $2 billion of recently completed and pipeline development projects, including One Theater Square, Walker House, 50 Rector Park and Audible’s Innovation Cathedral, among others. Each of these projects will have the ability to capitalize on the city’s unparalleled access to N.J./ N.Y. metro area’s deep talent pool.

Newark’s specific contribution to this talent pool comes from the graduates of Rutgers-Newark and the New Jersey Institute of Technology, making it easy for employers to find talented professionals with the necessary skills that will make Newark the next great innovation hub. These developments have benefited greatly from the public/private partnership model that has encouraged growth across the city, including residential, commercial and retail sectors, but we stand to lose great momentum as the future of this partnership remains uncertain. Newark has not yet reached its critical mass and still needs the support of city and state leadership to encourage future growth.

If we are to truly support Newark as a 24/7, vibrant destination for companies and their employees, then the commitment to housing the city’s growing workforce is of equal importance. Riverfront Square will not only support Newark as a lively residential community with up to 1,300 units of workforce housing and 700 condo units, it will create the density necessary to fill the streetscapes, support local retail and enhance the city’s infrastructure for new and existing residents. However, that density and the infrastructure needed to support it, does not come for free.
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https://www.nj.com/opinion/2019/08/w...oper-says.html
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  #45  
Old Posted Oct 1, 2019, 1:51 AM
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Stadium and facade all gone now.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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