Newark-phobic no more: Outsiders need to see city's business promise, locals say
By Jessica Mazzola | NJ Advance Media for NJ.com
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on May 04, 2015 at 8:39 AM, updated May 04, 2015 at 8:51 AM
NEWARK — Would you open a business in Newark?
Plenty of people have said, "no." WalletHub, an finance website that creates nationwide rankings, recently named the city the worst one in the country to start a business. Earlier this year, the site said Newark was one of the worst places to find a job.
But, business owners and organizations in the city say those rankings are based on Newark's reputation – not what's actually happening downtown.
"This ranking is not just wrong, it's dead wrong," Otis Rolley, the President and CEO of the Newark Community Economic Development Corporation, said in a statement to NJ Advance Media.
76-80 Bruen Street, designed by the firm who did the building next door.
Railroad Avenue and Elm Street project
Carvi Hotel site is still untouched. As far as I know, they never applied for tax credits. Instead, the zoning set a 5 story height limit across the
Ironbound (8 stories nearer to Penn Station), and this is supposed to be 6 floors, but will only be slightly taller than the adjacent building by the same firm.
Polk Street project
Polk and Market Street project, which is likely an environmental remediation site without any typical signage.
Market Street gasworks environmental remediation is complete.
A new retail store will go into the left bay of this building, which was renovated at least 2 years ago.
A rendering of the AC Hotel planned for the Riverbend District in Harrison. (Photo courtesy of Advance Realty)
By Kathryn Brenzel | NJ Advance Media for NJ.com
on May 18, 2015 at 1:01 PM, updated May 18, 2015 at 2:03 PM
HARRISON—A New Jersey-based developer plans to include a hotel as part of its efforts to transform 35-acres in Harrison.
Advance Realty announced that an AC Hotel by Marriott will join the Riverbend District, the developer's 35-acre redevelopment project in southern Harrison. The district is part of the town's plans to recast itself as a commercial and residential hub, largely through 250 acres along the Passaic River.
"The addition of AC Hotels by Marriott to the Riverbend District will be a key component in the continued development and enhancement of a dynamic destination in Harrison," Peter Cocoziello, president of Advance Realty, said in a statement. "The AC Hotel will benefit area corporations by accommodating business travel and will add to the variety of dining and entertainment options for Riverbend residents and visitors."
A fresh start: In Newark, developers see demand for new units
June 9, 2015 at 7:30 AM
60 Nevada in Newark, an affordable housing development by RPM Development Group. - (Photo / AARON HOUSTON)
It was late April when RPM Development marked the opening of its newest apartment building in downtown Newark, known as 60 Nevada, but roughly half of its 75 units had already been leased by the time executives and city officials gathered for the ceremonial ribbon-cutting. If you ask Joe Portelli, that came as no surprise.
“That’s not uncommon for Newark,” said Portelli, vice president of development at the Montclair-based firm. “There’s a tremendous demand for high-quality affordable units here. … A lot of people come from nearby, people who are in town looking to upgrade their housing. And I think that you’ll find that there’s a lot of affordable housing in Newark, but the difference is quality that’s safe, that’s clean.”
A few more updates for the Ironbound: 60 Elm Street is going before the board on Thursday for a 7-8 story building with 15 units? This is right before NJ RR Avenue and across the street from the Lopez development of 70+ apartments. Some residents may be against this because it is too tall compared to other buildings nearby.
188-192 Wilson Avenue/Jabez, CPB will be hearing a proposal for a renovation/construction to turn lots 30, 31 and 32 into a bank/apartments and parking lot.
Heavy demo should be starting this week with equipment having arrived. Here's one last look at the rinky-dink buildings that will be replaced with a massive structure of 5-8 stories in the coming years.
Alot of metallic panelling has gone up in the past few weeks, as well as the first balcony railing.
Stucco work is just about complete on the first building and stone installation began on Friday.
1100 FER South
Masonry work is practically complete on two of the four sides of the building and has started on the rear (facing Red Bull Arena). Precast planters have been placed and an elevated sidewalk (similar to what we have in Harrison Commons) is taking shape along FER.
1200 FER South
Work continues on raising the site to comply with flood plane guidelines.
Excavation of the foundations is taking place.
100-102 Harrison Ave
Construction should be progressing to the third floor by the end of the week.
New Decorative Rail at Element
Love this artistic new pedestrian barrier...not sure if this is the only place it will be installed but I think it would be great if the town replaced the banners on FER south of the PATH station with something like this.
'A dream come true': Developers break ground on Newark 'vertical farm'
"This is a very important moment for the city of Newark, for the state of New Jersey, for the planet, for humanity," said David Rosenberg, CEO of Aerofarms, the company that will call the building home.
Once completed, the 69,000-square foot building will house rows and rows of so-called "skyscrapers" - small towers filled with soil beds that will produce about two million pounds of green vegetables and herbs each year.
North Carolina energy company moving headquarters to Newark
Lime Energy did not disclose exactly when the move will take place, or how many jobs it might add in Newark. The new headquarters will be located at Three Gateway Center, next to Newark Penn Station.
In a statement, president and CEO Adam Procell said Newark would provide the company with "great connectivity" to other Northeast cities, as well as access to higher education and a talented workforce.
"This move allows us to continue 'walking the walk' in our commitment to sustainability and to supporting the communities where we work and live," he said.