A long-awaited plan to expand the New Jersey Performing Arts Center campus in Newark — with new residential, commercial and cultural space — is slated to break ground next year.
As developers continue to invest in downtown Newark, the city is attracting both new residents and businesses. That makes it all the more important to create amenities and spaces that will bring permanent foot traffic during the day and at night, which has become a growing focus for both public- and private-sector leaders in the state’s largest city.
Commercial real estate faces no shortage of disruptive forces, a panel of industry leaders told NAIOP New Jersey last week, citing everything from ridesharing services and automation to changing corporate and consumer preferences.
Stakeholders gathered Wednesday to mark the opening of a new 22-story residential tower in downtown Newark, the city’s first ground-up luxury high-rise in more than 50 years and the first tangible piece of a plan to develop the property around the New Jersey Performing Arts Center.
The developers of a long-awaited, luxury apartment tower near the New Jersey Performing Arts Center in Newark have taken the wraps off the 245-unit building.
A long-awaited, 168-unit apartment tower in downtown Newark is on track to open late this year, as its developer and public officials gathered Tuesday to mark a milestone in the project.
An investor has paid $4.1 million to acquire a 30,000-square-foot commercial building in downtown Newark, brokers with CBRE Group announced Tuesday.