Two properties that sit next to each other in Newark’s Central Ward could become home to a 12-story building if a developer has their way.
88-90 Walnut Street, LLC is scheduled to go before the Newark Central Planning Board during its next meeting in order to seek preliminary and final site plan approval with variances for a proposed project just a couple of yards west of the corner of Walnut Street and McCarter Highway.
If approved and completed as planned, the building at 88 and 90 Walnut Street would include 40 residential units, three parking spaces, a gym, a laundry room, a rooftop lounge, and a bike storage room, according to a March 10 municipal report. The report also noted that a three-story house and a garage on the premises were recently demolished.
Site plans from Palermo Edwards Architecture indicate that this development would include a mixture of one-bedroom and two-bedroom units, but no retail space.
A disclosure statement released by the City of Newark associates Nelson Espinoza and an address on Hermon Street with 88-90 Walnut Street, LLC.
The public hearing on this matter is expected to take place during the Zoom meeting on Monday, March 15, at 6:00 p.m.
If this proposal for a 12-story residential building on Walnut Street seems familiar, it could be because another 12-story residential building was announced for the same block just six months ago. Walnut Homes Realty, LLC, which has ties to the same address on Hermon Street as 88-90 Walnut Street, LLC, filed an application involving plans for a project with 77 units at 78, 80, and 82 Walnut Street.
Note to readers: The dates that applications are scheduled to be heard by the Newark Central Planning Board and other commissions are subject to change.
