The city of Newark is making slow but steady progress towards adding new urban infill, including large low-slung developments. One such example is 110 Edison Place, inside the city’s downtown area. Edison Properties purchased the building from North Caldwell-based Berkowitz Company for $7 million, allowing them to build nearly half a million square feet of new office space.
Ironside Newark view to the East
The project, dubbed Ironside Newark, is the first speculative office building in Newark since the late 1980’s. This indicates an increasingly healthy market in Newark and the Tri-state area. Edison is investing $80 million into readapting the former freight warehouse into modern office space with retail.
Ironside Newark renderings lobby, design by Perkins Eastman
The Mars Company has also announced plans to move part of their U.S. headquarters into the building. The company will occupy four floors as well as part of the seventh-floor penthouse, a glass addition to the rooftop of the existing structure, taking approximately 110,000 square feet in all.
Ironside Newark office space renderings, design by Perkins Eastman
Perkins Eastman is responsible for the design, which includes widening windows, redesigned interior space for modern offices, and an outdoor terrace space wrapped around the seventh-floor penthouse.
Present-day Newark Warehouse Company Building. Image: Edison Properties
Construction is underway now, with completion expected in late 2018.
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This is an amazing transformative change, and a great legacy to a great man. We will all benefit from Edison investment in our neighborhood
Is this one of the Developers that want to set aside space for the arts? If so, we’ve been looking for you. We are a Newark based 501(c)3. Our project is to put the work of local artists in vacant or under used space as pop up non profit galleries. Part to benefit local artists and part to improve blocks and communities. I’ve been looking for a contact in your project