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Thread: Newark Development

  1. #8671

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    Quote Originally Posted by 66nexus View Post
    http://www.nj.com/essex/index.ssf/20...l#incart_river


    Decent development in the north ward (AND privately funded which is a good sign). Some pretty stable prices on them too. I believe these units were posted here awhile back.

    http://foresthillvillagenewark.com/About.html
    Great to see some development proceeding outside of downtown, especially one without any subsidies.
    The actual construction...isn't the ugliest in Newark, though that's not saying much. Detached, big garages, and looks like they have vinyl siding, but at least the facades are somewhat interesting.

  2. #8672
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    A fresh start: In Newark, developers see demand for new units
    June 9, 2015 at 7:30 AM


    60 Nevada in Newark, an affordable housing development by RPM Development Group. - (Photo / AARON HOUSTON)

    It was late April when RPM Development marked the opening of its newest apartment building in downtown Newark, known as 60 Nevada, but roughly half of its 75 units had already been leased by the time executives and city officials gathered for the ceremonial ribbon-cutting. If you ask Joe Portelli, that came as no surprise.

    “That’s not uncommon for Newark,” said Portelli, vice president of development at the Montclair-based firm. “There’s a tremendous demand for high-quality affordable units here. … A lot of people come from nearby, people who are in town looking to upgrade their housing. And I think that you’ll find that there’s a lot of affordable housing in Newark, but the difference is quality that’s safe, that’s clean.”
    Read More Here : http://www.njbiz.com/article/2015060...-for-new-units

  3. #8673

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    Quote Originally Posted by Steven Elliott View Post
    Great to see some development proceeding outside of downtown, especially one without any subsidies.
    The actual construction...isn't the ugliest in Newark, though that's not saying much. Detached, big garages, and looks like they have vinyl siding, but at least the facades are somewhat interesting.
    Agreed. They look better than the usual Bayonne box and could definitely be worse. That neighborhood looks kind of good too.


    Quote Originally Posted by towerpower123 View Post
    This is the rendering according to a post on this thread 6 years ago.
    http://wirednewyork.com/forum/showth...l=1#post211094

    If so, that is one gorgeous massing and will greatly improve that area, strongly contrasting with the neighboring towers surrounded by parking lots. I only wish there will be more retail at the base to liven up the street. That site and the neighboring towers separate the city between Downtown and the Lincoln Park district with a noticeable gap. They tore down the old warehouse/ oversized storage shed in the spring after having a digger sit there for a year or two. Combined with Prudential, 3 Market Street projects, Griffith, Carlton, NJPAC, the Riverfront Park, and Shaq Tower, this will be a changed city in a few short years!
    Quote Originally Posted by Nexis4Jersey View Post

    Very good. It's good to hear they're starting 999 Broad. I pulled up the rendering towpow posted awhile back (if they build it half as good as that we're in business).

  4. #8674
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    It seems the Market rate units are renting out faster then the affordable housing units... So hopefully that sends the message to the rest of the real estate community to rapidly invest in Newark...

  5. #8675

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    I live right by that housing development in forest hill. It was always exciting to see it going up, but to find out its actually all privately financed is mind blowing. This project seems like its been a huge success for the developers and can probably show other developers that that area of the North Ward can get these type of developments or maybe even bigger developments. I think the part that makes me more excited is the fact that they already have plans to build a building that has a view of Branch Brook Park. Can't wait to see what they have planned.

    Its also good to hear that the demand for market rate housing in Newark is high maybe just maybe that can get more mid sized to huge housing projects in the works. We shall see. All in all pretty positive news for the city.

  6. #8676

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    Quote Originally Posted by Nexis4Jersey View Post
    Nice to see the city has moved away from constructing suburban-style garden apartment affordable housing complexes, and adopted more urban designs.

  7. #8677
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    Originally Posted by dacunha213 from SSC
    A few more updates for the Ironbound:

    60 Elm Street is going before the board on Thursday for a 7-8 story building with 15 units? This is right before NJ RR Avenue and across the street from the Lopez development of 70+ apartments. Some residents may be against this because it is too tall compared to other buildings nearby.

    188-192 Wilson Avenue/Jabez, CPB will be hearing a proposal for a renovation/construction to turn lots 30, 31 and 32 into a bank/apartments and parking lot.

  8. #8678

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    I've seen complaints and honestly the people in the Ironbound want everything to improve and nothing to change. Considering the proximity to Penn station, it's just natural to have larger developments and considering the city's need for market rate apartments that contribute to the tax base, I expect to see more of this and it will be a net positive for the Ironbound.

  9. #8679

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    Jimmy John's coming to town: http://www.nj.com/essex/index.ssf/20...d_to_down.html

    National sandwich chain Jimmy John's headed to downtown Newark


    A banner hangs on the Halsey Street storefront that will soon be home to a Jimmy John's sandwich shop. (Dan Ivers/NJ Advance Media)
    on June 11, 2015 at 11:05 AM, updated June 11, 2015 at 11:09 AM

    NEWARK — National sandwich chain Jimmy John's is planning to make downtown Newark its newest home.
    A banner was recently posted announcing the move into the space at 95 Halsey Street, in the shadow of the new 20-story tower being built by Prudential.
    Jimmy John's spokesman Nathan Louer said the shop expects to hire approximately 30 employees when it opens sometime this summer.

    Founded in 1983, the Illinois-based chain claims over 2,000 locations in 43 states. The Newark shop will be its 13th in New Jersey, joining others in towns such as Hoboken, Montclair, Glassboro, New Brunswick and Union.

  10. #8680

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    If you go on Ras' facebook he along with officials are serious about wanting a casino. Granted it would be part of a proposed entertainment complex but the question is where would it be located? Obviously downtown is the likely choice but which block(s)?

  11. #8681
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    How about on the parcel where the surface lot is that Boraie's Hilton Garden Inn was proposed for? (right across from 2 & 3 Gateway).

  12. #8682

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    3 potential landing spots for a Newark


    http://www.nj.com/essex/index.ssf/20..._potentia.html
    Last edited by lyons farm; June 14th, 2015 at 03:12 PM.

  13. #8683

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    Quote Originally Posted by lyons farm View Post
    3 potential landing spots for a Newark


    http://www.nj.com/essex/index.ssf/20..._potentia.html

    Tearing down that baseball stadium would be a huge mistake. If properly managed, that stadium could be an asset to the people of Newark. It doesn't need a minor league team in the meantime, but once the area develops and is surrounded by housing it could become successful in that regard again. Same goes for the land across from the Rock. The last thing that area needs is more development that turns its back on the city streets (as casino designs do, intentionally).

    Politicians just don't get it. Casinos do nothing for their host cities, they're self-centric entities. They've made Atlantic City worse off than it was because they hinder REAL urban development. Once Atlantic City gets past the delusion that casinos are its savior is the day they'll rebound. Newark needs to grasp that idea before it puts shovels in the ground for a casino.

    Put one casino in the Meadowlands and thats it.

  14. #8684

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    I agree with arcman about the baseball stadium and land across from the Pru-Center. I am surprised no one mentioned the old Lincoln Motel site? The old Westinghouse building site on Orange street?

  15. #8685

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    Coming from a big Newark booster, the last thing that city needs or should want right now is a casino. Unless perhaps it is high end, but otherwise it will just be a magnet for crime and other seedy activities downtown.

    As an aside, we are halfway through June and still not a peep during the NJPAC tower's latest promised groundbreaking month. Lots of hold ups for a project that supposedly is fully funded.

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