Newark’s 216-Unit Carmel Towers Renovation Snags $35 Million Loan
An endeavor that is revitalizing an abandoned Newark high-rise obtained some notable financing that will help transition the property.
Plans Revealed for Great Falls Lofts, an Adaptive Reuse Project in Paterson
Procida Funding and Asset Realty are partnering to revitalize the former Miesch Silk Mill in Paterson into a 127-unit complex.
Jersey City Cuts the Ribbon on $7 Million Pedestrian Plaza
The renovation of two block stretch of Newark Avenue has added granite pavers, a public stage, seating, infrastructure improvements, and more to one of Downtown’s biggest destinations.
Jersey City Opens Renovated Riverview Park, Breaks Ground on Reservoir #3 Restoration
A big weekend in The Heights saw officials unveiling a $2 million greenery renovation and celebrating the beginning of a $6 million project that will overhaul and expand access to a 14-acre reservoir.
Newark’s Gateway Junction Now Open as Restaurant Rollout Continues
Gateway Junction in Newark is officially open to the public and several big-name restaurants will be launching in the development over the coming months.
Developer Planning Transformative 24+Half Adaptive Reuse Project in Paterson
Blue Onyx Companies is plotting to convert seven old mill buildings into a vibrant mixed-use environment that will create a riverfront walkway that better connects the neighborhood to Great Falls National Park.
Jersey City Planning Board Will “Reconsider” Rejected Exchange Place Plaza Plan
The Exchange Place Alliance District claims that “repeated false assertions” have been made about their Jersey City plan and will be presenting new information to dispute the alleged falsehoods.
West Side Avenue Could Become Jersey City’s Newest Special Improvement District
The City Council is scheduled to vote on an ordinance that would use new tax revenue assessed on about 300 commercial properties to spruce up one of Jersey City’s major retail corridors.
Jersey City Approves First 209-Unit Development at Bayfront Site
The first approvals have been granted for a 95-acre redevelopment effort along the Hackensack River, with the initial portion set to include 35% affordable housing and 10,000-square feet of community amenities.
Construction Begins on Nokia Bell Labs Headquarters at New Brunswick’s HELIX NJ
New Brunswick just broke ground on one of the most advanced electronics labs in North America.
