1 reply to this topic

[The Voice of Reason]

http://www.rebusines.../#northeastnews



Tucker Development has signed a contract to purchase 3.5 acres at 422 Broad Street adjacent to the Broad Street rail station and an off-ramp of Interstate 280 in Newark.

$150 million development
400,000-square-feet the first new Class A office building in Newark in more than 15 years
200-room hotel
50,000 square feet of retail space on the first two floors
25,000 square foot health spa.

WOW.  class A in Newark.  I wonder how much longer we can still call it Sewark
With the development across the river in Harrison in progress this area is definately improving

[lammius]

I'd love to see new development come to Newark.  The city is getting some great pieces into place.  Prudential Center seems to be successful, NJPAC is a great asset.  Units in 1180 Raymond are leased.  But, I do hope that this proposal isn't slated for the Westinghouse site.  By the description it's proposed for either that site or the site of the motel next to Riverfront Stadium.  I hope for the latter.  Thanks for the find, Voice of Reason!