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Thread: Newark Development

  1. #9736

    Default

    Quote Originally Posted by West Hudson View Post
    I'd expect them to move alot of R&D/product development, marketing, and other corporate jobs to the building if they move forward with this.

    From ROI-NJ.com:

    Mars Wrigley seeks Grow NJ grant to move to Newark

    https://jerseydigs.com/mars-wrigley-...cago-ironside/

    The New Jersey Economic Development Authority approved a 10-year, $31.5 million tax credit to encourage the move, according to Real Estate NJ. Three hundred seventy workers currently in Hackettstown and 113 currently in Chicago would relocate to 110 Edison Place in Newark. The aging warehouse at 110 Edison Place is being redeveloped by Edison Properties and Mars Wrigley would occupy 110,000 square feet there.

    Mars Wrigley would kick in $42 million of its own money and sign a 15-year lease at the building

  2. #9737

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    1. is 1 Theater Square topped out yet/
    2. how is work progressing at Shaq/Rector Street?
    3. I read long time ago that architect Frank Geary may build 19 stories over the Paramount on Market Street...any news on that?
    4. I also read a long time ago that Pru was considering building a second new tower next to its newish building across from Military Park
    ...any news on that?
    5. 26-story hotel on Park Place across from Military Park...any news?

    Thx gang!

  3. #9738

    Default

    Quote Originally Posted by coralridge View Post
    1. is 1 Theater Square topped out yet/
    2. how is work progressing at Shaq/Rector Street?
    3. I read long time ago that architect Frank Geary may build 19 stories over the Paramount on Market Street...any news on that?
    4. I also read a long time ago that Pru was considering building a second new tower next to its newish building across from Military Park
    ...any news on that?
    5. 26-story hotel on Park Place across from Military Park...any news?

    Thx gang!
    1. Yes, topped out and cladding starting to be installed.
    2. Looks like foundation and lower level steel is already in.
    3. Not sure, no news I've seen lately. Pretty sure that's an RBH property and think his focus is elsewhere at the moment.
    4. Probably still a plan on paper; they seem to have retained enough square footage in the Gateway complex to eventually vacate that and build the second tower. Doubt it's around the corner though.
    5. No news I've seen since the initial proposal.

  4. #9739

  5. #9740

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    coral, if you haven't seen it this is the link to the webcam for One Theatre Square's progress:

    http://onetheatersquare.com/webcam/

  6. #9741

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    The Verizon building gutting is progressing quickly

  7. #9742

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    work on Shaq seems to be moving mighty slowly...think they've stopped work?

  8. #9743

    Default

    Quote Originally Posted by coralridge View Post
    work on Shaq seems to be moving mighty slowly...think they've stopped work?
    Boom crane is moving today when I went to lunch

  9. #9744

    Default

    Quote Originally Posted by coralridge View Post
    work on Shaq seems to be moving mighty slowly...think they've stopped work?
    It's expensive to keep a crane like that idle. If it's not being used, it's because something else absolutely needs to happen first.

  10. #9745

    Default Small development near Biotrial's HQ

    21 Units Approved for 268-272 Central Avenue, Near Newark’s Norfolk Street Light Rail

    By
    Jared Kofsky -

    November 29, 20170



    268-272 Central Avenue in Newark as seen in November of 2016. Via Google Maps.Another structure near public transportation in Newark will be converted to residential use.

    The two-story structure at 268-272 Central Avenue, at the southeast corner of Newark Street, will be rehabilitated into a 21-unit multi-family residential building. The Newark Zoning Board of Adjustment granted preliminary and final site plan approvals, with variances for ground floor residential uses and rear yard setback, at its October 26 meeting.

    The developer is Black Family Newark, which was originally registered out of a house in Randolph, but is now listed under a post office box in Livingston. NJ Parcels records showthat the property has been owned by several different people with the last name Black, and that several of those family members also own a parking lot just across Newark Street.

    The property has long contained the Central Auto Body automotive repair business as well as One Stop Central, LLC Auto Body and Repairs. A company known as J. Black & Sons and a business selling used furniture and antiques used to operate inside.

    The premises are just across the street from the Norfolk Street Station on the Newark Light Rail as well as a stop on Coach USA’s no. 24 bus to the Oranges, Downtown Newark, Midtown Elizabeth, and the Mills at Jersey Gardens. Plus, the abandoned Essex County Jail site, which could soon be redeveloped, and BioTrial’s North American headquarters are situated across the tracks.

    ----------------------------------------------------

    from jerseydigs

    https://jerseydigs.com/268-272-central-avenue-newark-21-units/

    ----------------------------------------------------


    This is much needed as it fills in the dead space surrounding the nice Biotrial building. And they need to either turn the jail into a museum or tear it down altogether.

  11. #9746

    Default

    I attended the Planning Board meeting for today as the Baseball Stadium Redevelopment (which will cover the Lincoln Motel site as well!) was supposed to be heard today, but it was not even on the list.
    https://jerseydigs.com/newark-bears-...lopment-hotel/

    Instead, there were a few other smaller projects.

    30 James Street
    Renovation and legal use for 4 Family Home
    Denied due to existing illegal conversion, lack of payment of increased taxes, and very small units.

    120 Hudson Street
    New 4 story, 4 unit residence with a brick frontage and some sort of metal pipe gate in front, replacing an old house on the site.
    Architect: Brick City Reconstruction, the same group that did the building with Dino BBQ and the Hotel Indigo conversion and is also doing the Bonnell Building (192 Market Street) renovation.
    Approved by a narrow margin, after several complaints about the height of the building being 4 stories instead of the usual 3 stories in the context, even though the site is zoned as R-5 for up to 8 story mid-rise apartments. As such, they also complained about the small site of just over 2000 square feet as it is zoned for 10,000 square feet minimum to accommodate those tall apartment buildings. The adjacent site at 118 Hudson is also being renovated and extended by 1 floor to 4 stories, which is apparently already happening.

    194 Market Street (narrow building between 192 and 196 Market Street which are currently undergoing residential conversions of the upper floors)
    Convert floors 2-4 to residences
    Adjourned to the next meeting on the 18th due to existing tenant that they did not know about

    134-142 Sussex on corner of Newark St and part of "Silicon Alley" across from the Marion P Thomas charter school
    Addition to existing building for total of 20 apartments. The hideous building on the corner was flattened at the end of 2016. The result will be a 4 story building with a 20 foot first floor with loft spaces and 3 more floors of residential above. There will apparently be a small retail use and the facade of the remaining building will be retained and renovated. There will not be any parking in keeping with the Broad Street Station Redevelopment Plan.
    Approved

    791-797 South Orange Avenue, corner of Grand Avenue
    Demolish and expand church, parking wraps around back of church. The church will be mostly a plain white facade with few ground floor windows and will instead use an opaque material. It will have a 40 or so foot tower topped by an approximately 10 foot cross.
    9 parking spaces and a BBQ patio wrap around the church.
    Approved

    476-502 Doremus Ave
    Renovate 6 warehouses and several lumber storage sheds
    47,000 square feet of buildings removed, 42,000 Square feet of lumber storage sheds added
    405,000 Square foot site
    30-35 employees, with 20-25 Newarkers
    It will have 12-15 trucks a day to bring in lumber which will be loaded onto trains as the site has a rail spur onto the property. A bulkhead that exists to someday handle barges is in such disrepair that they are not yet doing that.
    Approved

  12. #9747

    Default Mars Wrigley chooses Newark for its new HQ

    By Vince Calio, December 5, 2017 at 12:32 PM

    Mars Wrigley Confectionary has decided that it will move its US headquarters to a 110,000-square-foot facility in Newark and renovate its Hackettstown facility. Its global headquarters will remain in Chicago. Its official announcement of the move is expected later Tuesday.

    The candy maker was considering expanding its existing headquarters in Chicago or moving to Newark. It chose Newark after negotiations with city officials dating back several years. Those negotiations began in 2012 while now US Senator Cory Booker was Newark’s Mayor, and ended with current Mayor Ras Baraka.

    “Newark has experienced record growth over the last decade, and I am thrilled to see Mars take this step that will help further accelerate the continued resurgence of our great city,” Booker told NJBIZ in an email. “Newark’s highly-educated workforce, robust transportation network, and central location will no doubt help the Mars US market headquarters thrive. This decision means hundreds of local jobs returning to Newark, a boost to our regional economy and small businesses, and the opportunity to continue the biggest economic boom in Newark since the 1960s.”

    Mars was expected to choose Newark after receiving $31 million in tax credits over 10 years last monththrough the state’s Economic Development Authority’s Choose NJ program. The company’s new headquarters will be located in the Ironside Newark center, a 450,000-square-foot commercial and retail center that was once a warehouse district but is currently being renovated.

    The Newark location is expected to cost $25 million to build and is expected to create roughly 130 new jobs. An additional 300 employees from its Chicago office are expected to relocate to Newark, while 100 more will come from its Hackettstown facility. The company also received a $1 million capital project grant from the EDA to renovate its Hackettstown facility. That renovation is expected to cost roughly $54 million.

    “Mars is proud to have a strong legacy and future across both New Jersey and Illinois. Expanding in New Jersey will enable the continued growth of our U.S. business," said Berta de Pablos Barbier, President, Mars Wrigley Confectionery U.S. "We are fully committed to working with all of our Associates to support them through this transition.”

    During the EDA’s meeting last month, it was estimated that the move will pump close to $200 million into the state over 20 years.

  13. #9748

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    tower that's an awesome update. Other than the ground level I would never thought 194 had any tenant on the floors above, that place always looked deserted, but surprisingly intact compared to its surrounds.

  14. #9749

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    Quote Originally Posted by 66nexus View Post
    tower that's an awesome update. Other than the ground level I would never thought 194 had any tenant on the floors above, that place always looked deserted, but surprisingly intact compared to its surrounds.
    In the most recent street view, there are lights on in the 2nd floor in imagery taken in November 2016 and signage for a "Rich Hearted Clothing", however they are listed as closed on the Google search.
    https://www.google.com/maps/@40.7353...7i13312!8i6656

  15. #9750

    Default

    Quote Originally Posted by towerpower123 View Post
    In the most recent street view, there are lights on in the 2nd floor in imagery taken in November 2016 and signage for a "Rich Hearted Clothing", however they are listed as closed on the Google search.
    https://www.google.com/maps/@40.7353...7i13312!8i6656
    And it's strange the board didn't know about an existing tenant.

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