Newark

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

7:30 am on May 6, 2022 By Sebastian Morris

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.

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

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

7:30 am on April 7, 2022 By Sebastian Morris

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.

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

7:30 am on March 11, 2022 By Sebastian Morris

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.

Rendering of CitiSquare Newark - Image Courtesy of Ian Bader Architects

City Planning Board Approves 11-Building Mixed-Use Development in Newark, New Jersey

7:30 am on January 5, 2022 By Sebastian Morris

The Newark Planning Board has approved an 11-building mixed-use complex located on the former Newark Bears & Eagles Riverfront Stadium campus. The 10.5-acre development site hugs the shore of the Passaic Riverfront and will be completed in nine distinct phases as CitiSquare Newark.

Fairstead, LIHC Group Reveal $27M Affordable Housing Renovation Project in Newark, New Jersey

7:30 am on November 4, 2021 By Sebastian Morris

Fairstead and LIHC are working in partnership to complete major upgrades and facility improvements across 13 affordable housing buildings in Newark, New Jersey. Referred to as the Essex Plaza portfolio, the collection of buildings comprises 691 affordable apartments, many of which are reserved for senior households.

Rendering of residential buildings on the New Jersey Performing Arts Center campus. Courtesy of Skidmore, Owings & Merrill

New Jersey Performing Arts Center Unveils Plans to Build Residential Developments on its Newark Campus

7:00 am on July 2, 2021 By Vanessa Londono

The New Jersey Performing Arts Center (NJPAC) in Newark has big plans to diversify its campus with residential developments and a dining venue, as well as the construction of an arts and education center. The proposed buildings are part of the performing center’s goal to become a city lifestyle destination and further the cultural hub’s impact on the downtown neighborhood. L + M Development Partners has teamed up with NJPAC and Larchmont for the 7.3-acre campus expansion. Skidmore, Owings & Merrill is responsible for the design of the buildings and streetscapes. NJPAC purchased the property from the state of New Jersey in December 2018.

Rendering of The Halo - INOA Architecture

Newark City Officials Approve Three-Tower High-Rise Development at 289-301 Washington Street

8:00 am on March 25, 2021 By Sebastian Morris

Newark Central Planning Board recently approved proposals to construct a massive three-tower residential development which will debut as ‘The Halo.’ Located at 289-301 Washington Street, the 44, 48, and 52-story towers quickly step up to a final height of 565 feet and will be the tallest standing structures in Newark, New Jersey.

Rendering of the new Philip Roth Personal Library (Credit - C&G Partners)

Newark Public Library Taps Ann Beha Architects to Complete the New Philip Roth Reading Room

7:30 am on February 13, 2021 By Sebastian Morris

Newark Public Library has released preliminary renderings of its new Philip Roth Reading Room, which will house the Pulitzer Prize laureate’s personal book collection. Designed by Ann Beha Architects, the dedicated reading room will feature study and conservation areas, expanded seating, and spaces for small groups.

Rendering of Newark Urby - L+M Development Partners

New URBY Apartment Development Revealed for 155 Washington Street in Newark, New Jersey

7:30 am on October 29, 2020 By Sebastian Morris

The next URBY-branded development to debut in New Jersey will soon break ground in Downtown Newark. Led by developer L+M Partners, Newark URBY will eventually comprise 250 market-rate residences ranging from studios up to three-bedroom apartments and 4,000 square feet of ground-floor retail.

Aerial rendring of the New Jersey Performing Arts Center Waterfront Masterplan - NJPAC

Officials Reveal Next Phase of the New Jersey Performing Arts Center Waterfront Masterplan

7:00 am on October 8, 2019 By Sebastian Morris

Newark city officials have revealed plans for the next phase of redevelopment that will surround the New Jersey Performing Arts Center and aim to transform the city’s entire downtown area. The initiative is formally known as the New Jersey Performing Arts Center Waterfront Masterplan and calls for the creation of a mixed-use urban center and rejuvenation of the blighted Passaic Riverfront.

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