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Thread: Newark Development

  1. #9616

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    Edison Properties broke ground on the warehouse conversion, now called Ironside Newark, by Mulberry Commons and the arena:

    The project, Ironside Newark, is one of the components of the larger Mulberry Commons project at the foot of the Prudential Center. Edison Properties’ executive vice president of development, Michael Sommer, said the company will work alongside Newmark Grubb Knight Frank and JLL to market the spaces.
    “Ironside will ultimately be comprised of seven floors, with a glass-enclosed penthouse office on the roof,” he said. “Both 360-degree views of downtown Newark and Manhattan. Floors two through seven will include loft-style offices with exposed ceilings. The second floor and the first floor will have park and street-level retail to serve this building and the downtown area. From the north, Ironside will serve as the entryway to Mulberry Commons, after a two-story atrium is created, allowing for access to the city’s park, for those traveling on foot from Newark Penn Station.”


    http://www.njbiz.com/article/2017051...-redevelopment

  2. #9617

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    The love shaq is underway
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  3. #9618
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    Amazing update, thanks taxmanic! Rise, Newark, rise!

  4. #9619
    Forum Veteran Newarkguy's Avatar
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    Wink

    Yes!! Finally! Parallel high rise residential construction.
    Last edited by Newarkguy; May 11th, 2017 at 09:29 PM.

  5. #9620
    Forum Veteran West Hudson's Avatar
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    Now we're talkin!! Downtown redevelopment is running on all cylinders

  6. #9621

    Default 384 units!!

    12-Story, 384-Unit Building Proposed For Newark’s Ironbound

    By
    Jared Kofsky -

    May 8, 20171



    Credit: Google Street ViewA developer has just proposed what would be one of the largest residential buildings ever constructed in Newark’s Ironbound neighborhood.

    The proposal calls for a new high-rise mixed-use building to be built at 28-50 McWhorter Street, 51-57 Union Street, and 108 Hamilton Street in the city’s East Ward. According to a legal notice from the City of Newark, should the 506,656.34 square foot tower be approved, it would be 12 stories tall, and include 384 residential units. A commercial or retail space is also planned for the ground floor.


    The building is being proposed by applicant and property owner 28 McWhorter St., LLC, which is registered out of the same Roseland Borough address as J&L Parking Corporation.


    Currently, high-rise multi-family dwellings are not a permitted use in this district. Therefore, the notice states that the developer is seeking a variety of variances, including for exceeding the permitted percentage of lot coverage, insufficient front yard setback, insufficient side yard setback and insufficient rear yard setback.


    The 1.25 acre property has been immersed in controversy for the last several years. Currently, it is used as a private gated J&L parking lot, which according to Barry Carter, a columnist for The Star-Ledger, has angered residents who are part of the PLANewark group. Previously, there was a one-story building used for industrial purposes on the premises, which was demolished several years ago. According to Carter, back in 2006, a seven-story mixed-use development was planned by Jose Lopez, Jr. for the site, but “the poor economy at the time scuttled his plans.”


    Should the new building be approved, its residents will live at one of the most convenient locations in the city, with Newark Penn Station, Downtown Newark, the Ferry Street business district, Riverfront Park, and the upcoming Mulberry Commons complex all within close walking distance.


    The Newark Zoning Board of Adjustment will hear the proposal during its meeting on Thursday, May 11th at 7:00pm within the City Hall Council Chambers on Broad Street.


  7. #9622

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    I'm doubtful Ironbound residents will go with that density and height. Although, IMO, the part of the ironbound immediately surrounding Penn Station should all be high rise development, I can understand the argument against tall buildings and how they may compromise the character of that neighborhood.

  8. #9623

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    A high rise is the lesser of 2 evils vs surface lots, esp. for the "newer" residents. Don't be shocked if they allow it.

    Those lots have got to go. Now.

  9. #9624
    Forum Veteran West Hudson's Avatar
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    (to repeat some of what I've said over on SSC...) do these residents want people passing through Newark Penn to see the Ironbound as a thriving, resurgent area? Or as a stagnant neighborhood full of parking lots? downtown Jersey City didn't start evolving into a rival to lower Manhattan because of residents protesting density. It's been all about the pro-development administrations and Zoning/Planning boards of the last decade. The higher density areas have higher land values (and higher condo values). The lower-density areas (like the Village) have seen less development and have lower property values on a price-per-square-foot basis. Density variances increase property values, not lower them...why don't these people understand this basic concept??

  10. #9625
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    I mostly agree with what you wrote...but I don't even know if the administrations and planning boards in JC have necessarily been all that 'pro-development' as much as 'afraid of legal action so they allow development.' Large parts of the city had already been zoned for high-density when JC was desperate for any development (e.g., Journal Square has had CBD zoning for decades, or the vacant rail/industrial yards that were upzoned in the 80s when the city was desperate for revenue). There was desire to downzone these areas later on due to 'overdevelopment' concerns, but city has generally been pretty reluctant to do so because courts in NJ are landowner-friendly. But they try to stymie development in small ways. They downzoned side streets in Journal Sq in 2010, and that led Robinhood/HAP to sue, which caused the city to settle and allow a 42-story tower on Summit Ave: http://www.jerseycityindependent.com...-summit-house/

    The Zoning Board is a quasi-judicial organ that basically tries to predict whether a developer has a good chance of winning in court, and votes for/against a project based on that (again, given that courts in NJ tend to side with landowners in zoning disputes, they usually approve projects).

    And if the community is rich/politically connected enough, the Planning Board will block a completely as-of-right proposal, and the city will spend tax money in court fighting the development. Not exactly the actions of a 'pro-development administration.' See, for example, the Bright St micro-units and the Van Vorst Park Association:

    http://www.nj.com/hudson/index.ssf/2..._court_vi.html

    The city will appeal the decision, according to the snobs at the VVPA

    http://vvpa.org/2017/05/may-2017-vvpa-meeting-minutes/

    In Journal Square, the election of Boggiano prompted the city to do an about-face on the HAP building, which is still being litigated in the courts. And Boggiano's opposition doomed the building at 17 Perrine Ave, which conformed completely with zoning and asked for no deviations. The Planning Board chairman actually demanded the developer come back with a variance to make the building SHORTER than allowed by zoning, a highly unusual and legally dubious move:

    http://www.nj.com/hudson/index.ssf/2016/12/jersey_city_panel_votes_down_48-unit_project_near.html

    Last edited by Hamilton; May 17th, 2017 at 10:02 PM.

  11. #9626

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    Quote Originally Posted by scrollhectic View Post
    I'm doubtful Ironbound residents will go with that density and height. Although, IMO, the part of the ironbound immediately surrounding Penn Station should all be high rise development, I can understand the argument against tall buildings and how they may compromise the character of that neighborhood.
    As predicted...

    Newark Ironbound residents cringe at plans for huge residential building

    We'll see how this plays out. Whatever is decided in this case will have a big impact on future developments in the area

  12. #9627
    Forum Veteran West Hudson's Avatar
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    Exclamation Bear Stadium to be Replaced with Two 60-Story Towers

    Newark Community Economic Development Corp via BisNow:

    A Look Into Newark's Future New JerseyNeighborhood
    May 10, 2017
    Amanda Marsh, Bisnow NY

    Newark is transforming, with pioneering projects revitalizing the riverfront, downtown and other areas of the city. Overall, $2.4B of investment is powering these changes, according to Newark Community Economic Development Corp. chief real estate officer Carmelo Garcia.

    One of the biggest projects will be the redevelopment of the waterfront, spanning 17 acres. James Corner, who was behind New York City’s High Line, is the lead designer and landscape architect for Riverfront Park, which has about a mile completed and by next year will have a total of three miles.

    “It’s going to have a High Line feel, utilizing a lot of our natural habitat and materials,” Garcia said of the park, which will mix nature and leisure, with features like a Zen garden, rock-climbing areas, a beach, spray pads and a civic promenade with a theater that will connect to the arts and culture scene at the New Jersey Performing Arts Center.

    Earlier this year, Mayor Ras Baraka unveiled Mulberry Commons, which Garcia said will be Newark’s own mini-Central Park. The $100M, Sage & Coombe-designed redevelopment of what was once known as Triangle Park will have public, open space with retail, restaurants and commercial spaces that connect the Ironbound and downtown neighborhoods to the Newark Penn Station area. Mulberry Commons is set to open in summer 2018. “It’s truly enriching for the city, as most people love to be by both water and transit,” Garcia said.

    On the multifamily side, 4,500 new units are under construction and 7,000 are in the pipeline.

    In January, L+M Development Partners and city officials cut the ribbon on the former Hahne & Co. department store on Broad Street, redeveloped into a mixed-use mecca that includes 165 apartments, Newark’s first Whole Foods and incubator space.

    Among buildings in the works are One Riverview, a market-rate apartment building developed by a collaboration of Newark native Shaquille O’Neal and Boarie Development; L+M’s redevelopment of the former Verizon headquarters into market-rate apartments; and The Berger Organization’s redevelopment of the former Griffith Piano Co. building adjacent to the Hahne project. Other areas undergoing transformation include University Heights and Nesbitt.

    “All of these projects in the works ... focus either on transit, employment or entertainment,” Garcia said.

    One of the most catalytic will be the redevelopment of the former Bears Stadium into two, iconic 60-story towers that will provide Newark with a commercial base of 200K to 300K SF to attract a West Coast technology company, Garcia said.

    Despite all of these projects, Newark in 2020 will still be recognizable.

    “The one thing we’re doing differently from nearby cities is that we have put in place a model that will create sustainability for Newark’s future and preserve the working class,” Garcia said, pointing to the proliferation of mixed-income and affordable housing.

    Newark has seen the negative impact of gentrification on the working poor and longtime residents and is employing smart-balance growth, he said.

    “You need to preserve the diversity and give everyone the opportunity to graduate from their predicaments and live in better housing,” he said. Garcia will be speaking at Bisnow's Repositioning and Redeveloping New Jersey event at Bell Works on June 20.


    Read more at: https://www.bisnow.com/new-jersey/ne...medium=Browser
    Last edited by West Hudson; May 27th, 2017 at 08:56 PM.

  13. #9628

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    It looks like another hotel is being proposed downtown, right on Military Park!

    https://jerseydigs.com/newark-development-56-park-place-hotel-proposed/

  14. #9629

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    is construction still going on at Shaq Tower? Haven't seen or heard anything lately

  15. #9630
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    ^^I passed by the site a few days ago and saw many piles in the ground. I have a good amount of faith that it's going to be built.

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