Residential & Mixed Use
Newark Museum joins LMXD, MCI to break ground on 250 apartments, new artist spaces

Construction is underway on a project that will expand the footprint of The Newark Museum of Art, infusing the property with new mixed-income housing and public and exhibitions spaces.

Finance & Capital Markets
LMXD, MCI and Newark Museum secure $94 million in financing for arts campus project

A development team has closed on $94 million in financing for a plan to bring 250 apartments, retail space and a new gallery to the Newark Museum of Art’s campus on Central Avenue.

Events
Newark Summit set to return Dec. 9, convening top players in real estate, placemaking

The Newark Summit for Real Estate, Economic Development & Placemaking is set to return after making its high-profile debut last year in the state’s largest city.

Top News
NJPAC breaks ground on $336 million campus expansion with 350 rentals, arts education hub

Construction is set to begin on a long-awaited expansion of the New Jersey Performing Arts Center’s campus in Newark, part of a $336 million project that will bring 350 new apartments, office and retail space and a 58,000-square-foot arts education and community center.

Government & Public Policy
New affordable, supportive housing taking shape near hospitals with help of HMFA program

The first projects have arrived under a state program aimed at creating affordable and supportive housing near hospitals — providing shelter and other services while reducing the burden on local health care institutions — as officials eye continued growth for the program.

Residential & Mixed Use
EDA pledges $200 million Aspire tax credit for mixed-use ‘NJPAC District’ project in Newark

A sweeping plan to expand the New Jersey Performing Arts Center campus in Newark has secured a 10-year, $200 million tax credit award under the state’s Aspire program, in a key step for a project that would include 350 apartments and new commercial and community spaces.

Residential & Mixed Use
Urby Newark welcomes Japanese-inspired restaurant to new downtown building

A Japanese-inspired restaurant has opened its doors in downtown Newark at the base of the newly delivered 250-unit Urby apartment building.

Events
Join us June 7 for The Newark Redevelopment Update

Despite billions of dollars in new investment, Newark still trails the likes of Jersey City, Hoboken, Harlem and Brooklyn Heights, which have been transformed by redevelopment and an influx of new residents. When will it finally happen? What still needs to be done?

Hear from the developers and insiders behind the city’s most important commercial real estate projects, as they tackle those questions and more in this must-attend event.

Residential & Mixed Use
Leasing underway at 250-unit Newark Urby project

A luxury apartment brand’s debut in Newark is officially underway with the launch of leasing at the site of a newly restored and expanded tower in the city’s downtown.

Residential & Mixed Use
Construction nearly complete at 250-unit Newark Urby project

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.