Newark’s first rock climbing gym is set to open early next year, bringing a new amenity to the city and to a historic tower that is now home to more than 260 apartments.
Taking cues
Newark’s dedicated blue-chip employers and anchor institutions have virtually all expanded or made commitments to grow, leading to billions of dollars’ worth of new commercial development. It’s a major reason why developers believe the time is right to, once and for all, bring new market-rate apartments to Newark’s central business district.
L+M, Prudential land financing to preserve and upgrade Newark housing complex
L+M Development Partners and Prudential Financial have secured financing to preserve and renovate a government-subsidized housing complex in Newark’s South Ward.
Developers unveil new apartments at iconic New Jersey Bell building in Newark
An investment group has largely completed its conversion of the former New Jersey Bell tower in Newark, marking the restoration of a historic landmark and the addition of new market-rate and affordable housing options to the city’s downtown.
With conversion nearly complete, leasing launches at iconic Newark tower
A development group has nearly completed its restoration of a landmark tower in downtown Newark, where it will soon debut 265 apartments and a mix of new commercial space.
New Jersey Future unveils smart growth award winners for 2019
New Jersey Future has announced the winners of its 2019 Smart Growth Awards, a group that includes adaptive reuse projects in four of the state’s major cities.
Fintech firm debuts Newark office after move from Manhattan
A financial technology firm has opened its new office in downtown Newark, thanks in large part to a $6.5 million state incentive that helped lure the company from Midtown Manhattan.
Developers begin rehab of historic New Jersey Bell tower in Newark
A joint venture has started construction to restore a historic office tower in downtown Newark, with plans to create 265 apartments and 80,000 square feet of office and retail space.
Hollister completes 13,000 sq. ft. HQ for Newark bank (SLIDESHOW)
A community bank has become the first commercial tenant at the rehabilitated Hahne & Co. building in Newark, following a build-out completed by Hollister Construction Services.
Developers, city officials mark grand reopening of historic Hahne’s building in Newark
It was around 2013 when developers first pitched the idea of creating a dynamic, mixed-use destination at the iconic former Hahne & Co. department store in downtown Newark. But it’s fair to say that, for thousands of city residents, the project was 30 years in the making.
