NEWARK, NJ – Celebrating a milestone in what has been a long andkeenly calibrated effort to add new housing and retail in theneighborhood of the Prudential Center arena,Newark officials and developers today will officially cut theribbon on the $38 million RockPlaza Lofts.
The development includes seven historic properties clusteredalong Market Street that are being transformedinto 80 loft-style, market-rate rentals, with 34,000 square feet ofstreet-level retail.
Today 30 of the loft units are complete, a popular rib joint inthe ground floor of a building finished last year has livened upthe neighborhood, and construction of another 48 units and moreretail space is underway.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
