Earlier this week, ground was broken for a new mixed-use development by joint venture partners Ironstate Development Company and Brookfield in Downtown Montclair, New Jersey. The project includes a mix of residential units, retail, offices, art space, public parking, and a pedestrian plaza. It is expected to create a vibrant arts and entertainment district near the adjacent Wellmont Theater, on Bloomfield Avenue. Consisting of two buildings on either side of Seymour Street facing the theater and a 12,000 square foot plaza, the development will span 2.5 acres in all.
Plans for the public plaza include landscaping, outdoor seating, and multiple art installations. The plaza is expected to host open-air performances and other events. The six-story building northwest of South Willow Street will house 200 rental apartments, along with 28,000 square feet of retail space on the street level. It will also include 10,000 square feet of space available for rental by artists, and 224 parking spaces.
On the southwest side of South Willow Street, a second, seven-story building will include 40,000 square feet of office space and 210 parking spaces.
On the corner of Glenridge Avenue and North Willow Street, an additional five-story municipal parking garage will have 315 parking spaces.
This new development designed by Marchetto Higgins Stieve and Minno Wasko should blend nicely with the historic architecture and masonry of the neighboring Kahn Building and Wellmont Theater, which first opened its doors in 1922. The new buildings will have unobstructed view of the Manhattan skyline from the office component, and from the rooftop amenity in the residential building. The street level retail is expected to further boost the commercial corridor along Bloomfield Avenue.
The $135 million project is expected to be completed in 2020.