Newark


Rendering of Lionsgate's new studio and production facility in Newark, New Jersey - Courtesy of Great Point Studios

Renderings Reveal Lionsgate’s Next Production Studio in Newark, New Jersey

New renderings from Great Point Studios, a film and television studio investment company, are the first to reveal a new production studio in Newark, New Jersey. The production studio will replace Seth Boyden Terrace, a partially abandoned 12-building housing complex formerly operated by the New Jersey Housing Authority located between Weequahic Park and Newark Airport.

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Renderings of the new mixed-income property at Essex Plaza - Courtesy of Fairstead

Rendering Revealed for Mixed-Use Affordable Housing Development in Newark, New Jersey

Fairstead and LIHC Investment Group have announced plans for a six-story mixed-use development at 127 Orchard Street in Newark, New Jersey. Part of Essex Plaza, a 13-building residential complex, the new structure will replace a surface-level parking lot and yield 365,000 square feet with 241 units. Forty percent of these will be set aside as affordable units for households and individuals at 60 percent area median income (AMI). In practice, that equates an annual income of $64,400 for a four-person household.

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Rendering of Walker House (CetraRuddy / Inglese Architecture & Engineering)

Brewery and Rock Climbing Gym Debut at Historic Walker House in Newark, New Jersey

Newark’s historic Walker House at 540 Broad Street is now home to a local brewery and a 22,000-square-foot indoor rock-climbing gym, the latest phase of a multimillion-dollar redevelopment plan led by LMXD, Prudential Financial Inc., and Goldman Sachs Urban Investment Group. Located in the heart of downtown, Newark Local Beer and Method Climbing + Fitness sit below 20 stories of rentals that debuted in 2020.

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Rendering of 250 Georgia King Village - Inglese Architecture and Engineering

Developers Secure $42M in Financing for an Affordable Housing Development at 250 Georgia King Village in Newark, New Jersey

L+M Development Partners, Type A Projects, and MSquared recently closed on $42 million in construction financing to complete a 78-unit affordable housing project in Newark, New Jersey. The property will occupy a portion of an existing residential complex at 250 Georgia King Village in the city’s Fairmount neighborhood.

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