Newark

NJPAC Breaks Ground On $336 Million Campus Redevelopment in Newark, New Jersey

The New Jersey Performing Arts Center (NJPAC) has broken ground on $336 million mixed-use campus redevelopment in Newark, New Jersey. Designed by multiple architects including Skidmore, Owings & Merrill (SOM), the 12-acre master plan involves the construction of two new buildings along with the renovation of two existing structures, and will yield mixed-income housing, community center space, and a new public park. The site is bound by Rector Street to the north, the intersection of Mulberry Street and Kitchell Place to the south, McCarter Highway and the NJPAC-Center Street light rail stop to the east, and Park Place to the west.

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Nova Towers Gains Approval From Historic Preservation Commission of Newark, New Jersey

The Newark Landmarks and Historic Preservation Commission has approved Nova Towers, a two-tower residential proposal set to rise at 16-38 William Street in the Four Corners Historic District in downtown Newark, New Jersey. Designed by INOA Architecture and developed by KS Group LLC, the structures are planned to both stand 488 feet tall and yield a combined 712 residential units in studio to two-bedroom layouts. The property currently features a number of low-rise commercial structures that will have to be demolished, and is bound by William Street to the north, a surface level parking lot to the south, Chapel Court to the east, and Halsey Street to the west.

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Rendering of McClellan One, via Creation

McClellan One Logistics Facility Breaks Ground In Newark, New Jersey

Creation, a commercial real estate developer, and its joint-venture partner J.P. Morgan Asset Management, have begun site work on McClellan One, a Class A logistics building in Newark, New Jersey. The project team recently secured a $64 million construction loan from PCCP, allowing construction to move forward on the 120,584-square-foot structure, which is located on a 10-acre site at the northwest corner of Route 1 and McClellan Street, adjacent to Newark Liberty International Airport.

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Rendering of The Summit Tower, via INOA Architecture

The Summit Tower Receives Zoning Approval at 200-208 Market Street in Newark, New Jersey

The City of Newark Zoning Board has granted approval for the construction of the Summit Tower, a 41-story residential skyscraper planned for 200-208 Market Street in Newark, New Jersey. Designed by INOA Architecture and developed by KS Group, the 515-foot-tall structure will yield 514 units, with 20 percent of the inventory reserved for affordable housing, as well as 142 valet-operated parking spaces. The property will span the block between Market Street and Edison Place, which is directly adjacent to Prudential Center. The project has also previously secured approvals from the Federal Aviation Administration and the Newark Landmark Historic Preservation Commission.
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