Newark

Michael Green Architecture _ Lotus Equity Group 1

Renderings Revealed for Country’s Largest Timber Office Building in Newark, New Jersey

7:30 am on February 6, 2018 By Andrew Nelson

Renderings are out for an 11-story timber office building proposed for the Riverfront Square development in Newark, New Jersey. The site is located next to New Jersey Transit’s Broad Street station, which is less than a twenty-minute commute to Midtown Manhattan. The project is part of a larger 11.8-acre mixed-use development, as well as Riverfront Park, designed by James Corner Field Operations. Lotus Equity Group will be responsible for the development.

Residential Development Site at 115 Chestnut Street Placed on Market, Newark, N.J.

6:30 am on February 14, 2017 By Reid Wilson

Property owner Chestnut Global Enterprises has placed the development site at 115 Chestnut Street, located on the corner of Hermon Street in Newark’s Ironbound district, on the market for $3.96 million, Jersey Digs reported. Plans for a five-story, 72-unit residential building, called Vesey Street Commons, are fully approved. The apartments would range from one- to two-bedrooms, if a new developer were to follow the latest permits. The 28,988-square-foot plot is currently vacant. Until roughly a decade ago, it was occupied by an industrial building utilized by the Wilson Imperial Company.

Five-Story, 64-Unit Mixed-Use Redevelopment Underway at 118 Green Street, Newark, N.J.

2:00 pm on February 13, 2017 By Reid Wilson

Construction is currently underway to redevelop the dilapidated four-story industrial property at 118-126 Green Street, on the corner of New Jersey Railroad Avenue in Newark’s Ironbound district, into a five-story structure with 64 residential units. The project, dubbed Textile Lofts, will also feature ground-floor commercial-retail space and a laundromat, Jersey Digs reported. The apartments will range from one- to two-bedrooms. Roseland, N.J.-based J&L Companies and an anonymous LLC are the developers. Bergen County, N.J.-based Inglese Architecture + Engineering is the architect. A construction timeline has not been revealed.

Four-Story, 46-Unit Mixed-Use Redevelopment Approved at 127 Chestnut Street, Newark

6:30 am on February 3, 2017 By Reid Wilson

Newark, N.J.-based F.M. Renaissance is planning to redevelop the dilapidated, four-story former Murphy Varnish Works industrial complex at 127 Chestnut Street, located on the corner of McWhorter Street in Newark’s Ironbound district.

Four-Story, 60-Unit Affordable Residential Project Nears Completion at 359 Halsey Street, Newark

6:30 am on January 26, 2017 By Reid Wilson

Construction is wrapping on the four-story, 60-unit residential project under development at 359 Halsey Street, located on the southern end of downtown Newark, N.J. The 63,030-square-foot building is dubbed The Residences at Symphony Hall and will contain a mix of one- and two-bedroom rental apartments, Jersey Digs reported. All of the apartments will be affordable, and 25 percent of them, or 15 units, will be designated to individuals with mental illness, homelessness or disability.

Seven-Story, 79-Unit Residential Project Proposed at 22 New York Avenue, Newark, N.J.

6:00 am on January 24, 2017 By Reid Wilson

Newark-based New York Garden Associates is proposing a seven-story, 79-unit residential building at 18-26 New York Avenue, in Newark’s Ironbound district. The project would also include a parking garage on the ground floor, Jersey Digs reported. The developer is seeking multiple variances for the project, which must be approved by the city’s Zoning Board of Adjustment. The board heard the proposal earlier this month. The block-thru development site, which consists of seven lots, is vacant.

Seven-Story, 456,000-Square-Foot Commercial Redevelopment Proposed at 98 Edison Place, Newark

6:30 am on January 10, 2017 By Reid Wilson

Edison Properties is proposing to redevelop the existing, largely vacant six-story Newark Warehouse Company Building at 98 Edison Place, located on the corner of McCarter Highway in Downtown Newark. The expanded building will rise seven stories and measure 456,059 square feet, Jersey Digs reported. It would contain commercial space for offices and retail and a landscaped rooftop terrace. Parsippany, N.J.-based Langan Engineering & Environmental Services is the architect of record. Pending the required approvals and variances, occupancy is expected in early 2018.

Four-Story, 15-Unit Residential Redevelopment Planned at 40 East Park Street, Newark

1:00 pm on January 6, 2017 By Reid Wilson

An anonymous Passaic, N.J.-based LLC is planning to redevelop the vacant three-story townhouse at 40 East Park Street, located on the corner of Mulberry Street in Downtown Newark. The existing structure will be converted from office space and expanded horizontally along Mulberry street. The final product will rise four stories at its tallest point and contain 15 market-rate residential units. The apartments, including studios and one-bedrooms, should average 750 square feet apiece, Jersey Digs reported. Newark-based Comito Associates is the architect. The project is expected to be complete in late 2018.

2.3-Million-Square-Foot Mixed-Use Development Planned at 450 Broad Street, Newark

6:30 am on November 14, 2016 By Reid Wilson

Last week, the city of Newark announced that a 7.5-acre, 2.3-million-square-foot mixed-use development is in the works at 450 Broad Street. That’s downtown, on the current site of the Bears & Eagles Riverfront Stadium. The project will include residential units, office space, retail, and cultural space, Jersey Digs reported. The number of units wasn’t disclosed, but the site could easily accommodate over 1,000 of them. Lotus Equity Group is the developer and Practice for Architecture Urbanism is designing the project’s master plan. The 6,200-seat baseball stadium will be demolished. The four-story parking garage just south of it isn’t part of the site.

18-Unit Residential Building Proposed At 73 Fourth Avenue, Newark

10:00 am on November 10, 2016 By Reid Wilson

Hoboken, N.J.-based NJ Equity Investors has proposed to build an 18-unit residential building at 73-87 Fourth Avenue, in Newark’s North Ward. The apartments will be condominiums, although it’s unclear how large or tall the building will be, Jersey Digs reported. The site, acquired for just $440,000 in 2015, consists of a small, vacant single-story commercial building. The Newark Zoning Board of Adjustments will be presented the proposal today. A construction timeline has not been disclosed.

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