900 Broad Street - 61 story just approved for next to city hall.
https://newyorkyimby.com/2019/08/ren...in-newark.html
https://newyorkyimby.com/wp-content/...et-777x932.jpg
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900 Broad Street - 61 story just approved for next to city hall.
https://newyorkyimby.com/2019/08/ren...in-newark.html
https://newyorkyimby.com/wp-content/...et-777x932.jpg
51 -story, 61-story..does anyone believe anything like this will EVER happen in Newark or will Newark forever remain an ocean of surface parking lots? Like the Halo, the Vibe, the 42-story bldg proposed a year or so ago, the 26-story hotel at Military Park...I would really prefer to hear "nothing" about changes to Newark's skyline, which is about the same now as 60 years ago, than get my hopes up and then "nothing". Also, is this location TWO BLOCKS from PennSta or more like 1/4 mile?
60 years ago? Let's not exaggerate. Most of the prominent buildings in Newark's skyline were constructed after 1959.Quote:
Originally Posted by coralridge
Probably not for a really, really long time. The Halo site is currently listed for sale at $41 million, so it appears that investors are just getting projects approved to inflate their land values.Quote:
Originally Posted by coralridge
There's still about 3 decades worth of developable land in downtown Jersey City alone, so there won't be much of a need for dense housing in Newark for the foreseeable future.
NJPAC area development
https://jerseydigs.com/njpac-envisions-major-six-acre-development-downtown-newark/
https://28nwgk2wx3p52fe6o9419sg5-wpe...t-Newark-6.jpg
https://28nwgk2wx3p52fe6o9419sg5-wpe...-rendering.jpg
https://28nwgk2wx3p52fe6o9419sg5-wpe...t-Newark-4.jpg
https://28nwgk2wx3p52fe6o9419sg5-wpe...t-Newark-2.jpg
https://28nwgk2wx3p52fe6o9419sg5-wpe...ect-Newark.jpg
https://28nwgk2wx3p52fe6o9419sg5-wpe...t-Newark-3.jpg
^A really good looking render, but that project is probably 7-10 years away.
PETCO, everything 10-30% off, all sales final. Will leave a gap at Hanes
Another downtown failure and I heard whole foods isnt doing good either.Quote:
Originally Posted by taxmanic
I'm sorry- but I can't at all imagine whole foods doing well there. Sad about PetcoQuote:
Originally Posted by nignog
All brick and mortar chains are downsizing - everything is going online. Ground retail is probably going to decline by at least 50% over the next decadeQuote:
Originally Posted by msands7
https://jerseydigs.com/vertical-expa...street-newark/
Apartments and Vertical Expansion Proposed After Newark Office Building Sells For $5.5M
https://28nwgk2wx3p52fe6o9419sg5-wpe...eet-Newark.jpgSite of proposed redevelopment: 303-309 Washington Street, Newark. Photo via Google Maps/Street View.
Nearly a year after acquiring a Downtown Newark office building, a New York developer is planning an adaptive reuse and expansion of the structure.
Washington 303, LLC, which is registered out of the same floor of a Manhattan office building as Winchester Equities, applied for Preliminary and Final Site Plan approval from the Newark Central Planning Board as part of its proposal for 303-309 Washington Street. The company is looking to renovate the five-story building and put four and a half additional floors atop the existing structure, according to a legal notice.
Should the project ultimately be built as it is currently proposed, the entire edifice would consist of 92 apartments. There would also be rooftop amenities and a lobby on the ground floor.
Washington 303, LLC is looking to receive a variance for insufficient off-street parking but mentioned in the notice that “in lieu of parking, complimentary shuttle service to Penn Station, Newark Airport, & other major points of interest in the City of Newark” would be provided.
The building, located between William Street and Branford Place next door to where a 40-story development called The Halo had been proposed, was previously home to the United Way of Essex and West Hudson. The charity has since moved its office to Park Place.
Property records show that Washington 303, LLC paid $5.5 million for the Washington Street premises in November 2018 and that a firm registered out of the same Manhattan address subsequently bought the nearby tract at 45-53 William Street for $2.6 million. Winchester Equities posted on Instagram in May of this year that excavation was underway at the latter site, which was the subject of a 56-unit development application last year.
The Newark Central Planning Board was scheduled to hear the Washington Street application during its meeting on October 7.
https://jerseydigs.com/development-p...-broad-street/
This would be about time.
111-Unit Development Could Replace Building Near Newark Symphony Hall
https://28nwgk2wx3p52fe6o9419sg5-wpe...eet-Newark.jpgSite of proposed development: 1010-1014 Broad Street, Newark. Photo via Google Maps/Street View.
https://jerseydigs.com/development-p...-broad-street/
https://28nwgk2wx3p52fe6o9419sg5-wpe...-rendering.jpgRendering of the approved 1010 Broad Street project, courtesy of Marchetto Higgins Stieve Architects.
That's a beautiful, contextual design. One of the few renderings I'm actually excited about. Although I don't think they've built anything in Newark yet, I have faith in Paramount completing this sooner rather than later given their other projects (Halston Flats, William Flats and those two buildings on Clinton St)Quote:
Originally Posted by 66nexus