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Riverfront Square
Lotus Equity Group unveiled details about its planned redevelopment of the former
Newark Bears stadium, which will include construction of the largest mass timber
office building in the nation. The 11-story 500,000-square-foot tower would rise on
the nearly 12-acre site adjacent to the Passaic River and New Jersey Transit’s Broad
Street Station. Upon its full build out, Riverfront Square is expected to include 2.3
million square feet of residential, office and retail space.
Redevelopment of former
Westinghouse Electric Co. factory
The joint venture of SJP Properties and Aetna
Realty plans on developing nearly 2.0 million
square feet of commercial and residential
space at the former Westinghouse Electric
factory located at University Avenue and
Walker House
Orange Street. Adjacent to New Jersey Transit
A joint venture consisting of L+M Development Partners,
is Broad Street Station, the 3.7-acre site is
Prudential Financial and Goldman Sachs Urban Investment
expected to include office, retail, hotel and
Group has commenced the redevelopment of the
residential components.
436,000-square-foot New Jersey Bell building at 540 Broad
Street. The endeavor will result in the creation of 265
apartments and 80,000 square feet of office and retail space.