The City of Newark is expected to sell a property in the Weequahic neighborhood so that a 75-unit apartment complex can be created.
A few weeks ago, Jersey Digs reported that the old Hamilton Building and Loan Association site near Arts High School in Newark had been sold to a developer for more than $1.5 million. Now, new details have been revealed about the new owner’s plans for the property.
Newark’s municipal government is expected to sell three properties to a local non-profit organization in order to develop a complex with a farmers market and more.
The Newark Housing Authority says it “has begun identifying potential commercial and residential developer partners” for a former public housing property near Weequahic Park.
The City of Newark is expected to sell a property on Jones Street to an organization that would develop a textile training facility.
The old Hamilton Building and Loan Association site on Dr. Martin Luther King, Jr. Boulevard in Newark’s Central Ward was sold to a company associated with the Lofts at Lincoln Park project.
The Coe Mansion, which was the subject of an adaptive reuse development proposal last year, now has a new owner.
“Demolition and redevelopment” are reportedly in store for the property near Riverfront Park.
The Peddlers' Square property along Orange Street in Newark’s Central Ward could become home to a massive development.
A Rockland County, New York-based company acquired a vacant hospital building on Central Avenue in Newark that was previously expected to be converted into apartments.