Newark Urby, located at 155 Washington St. in Newark, will include 250 market-rate apartments, 4,000 square feet of neighborhood retail space and a 4,000-square-foot Rutgers-Newark welcome center — Courtesy: Urby/LMXD
By Joshua Burd
Developers are nearing completion of a project that will bring another 250 apartments to downtown Newark, in what will be the latest piece of a growing residential brand.
The team, which includes Urby and LMXD, expect to launch leasing this summer after renovating and expanding a historic Art Deco building at 155 Washington St. Prospective residents can now sign up for a priority waitlist to receive information on and tour what will be called Newark Urby, where units will range from studios to three bedrooms.
“We’re excited to bring Urby to the vibrant, convenient and cultural hub of Newark,” said Urby Founder and CEO David Barry, who launched the platform under a joint venture with Brookfield Properties. “The development reflects the brand’s commitment to thoughtful design, engaging programming and community connection that creates unique experiences for residents.”
At full completion, Newark Urby will have a host of high-end amenities such as a rooftop deck, a ground-floor courtyard, a gym, lounge areas and a music room. The building will also include roughly 4,000 square feet of neighborhood retail space, including a café, and a 4,000-square-foot Rutgers-Newark welcome center.
Urby and LMXD are restoring and modernizing the site’s existing tower, preserving original design elements while adding four stories to the structure.
“Newark Urby represents our ongoing commitment to supporting the overall growth and success of cowntown Newark and we are proud to see our collective vision for this underutilized site come to fruition,” said Sam Chapin, managing director at LMXD, an affiliate of L+M Development Partners. “With modern residences, state-of-the-art amenities and retail and public space, Newark Urby successfully combines high-quality living with a community-focused approach.”
The project follows successful Urby developments in neighboring Harrison and Jersey City, along with Staten Island and Stamford, Connecticut and additional sites planned in Journal Square, Dallas, Miami and Washington D.C. Newark Urby will benefit from its location near light rail service, NJ Transit’s Broad Street Station and Newark Penn Station, along with the nearby Military Park and Washington Park.
L+M, Urby detail 250-unit project at historic Newark property
