Newark Planning Board Approves 12-story Residential Building in Downtown

A digital rendering of the proposed residential building to be constructed on Walnut Street.

NEWARK, NJ – A 12-story residential development project aimed to bring more residents to Newark's Central Ward was approved by city planners this week. 

88-90 Walnut Street, LLC, is proposing to construct a multi-story residential building with 40 units, consisting of one- and two-bedroom units. The project will also encompass 20% affordable units. The ground floor of the building is proposed to include a fire command center, an electrical substation and three parking stalls.

"This is a plan that encapsulates the vision of revitalizing - creating vibrancy and sustainability in the Downtown living area," said Juliana Blackburn, the applicant's attorney. "This particular project epitomizes the vision of the city of Newark where people can live downtown without owning a car, without depending on car usage and perhaps take advantage of the downtown area in a major city."

The goal of the planning in this area is to reduce the vehicular activity and promote bicycle activity and, of course, walking where you're within walking distance of the train station and all of the public transportation along Broad Street," Elizabeth Dolan, the applicant's traffic engineer, added. 

Surrounded by primarily commercial land, the property is located on Walnut Street in the Downtown, just several blocks south of Newark Penn Station and the Prudential Center.

Following suit with other ongoing projects aimed to rejuvenate the arts, dining and entertainment scene in the Central Ward, Blackburn explained that the Walnut Street building would complement such development. 

"We feel that this project is not only in line with what is coming to the block, but a continuation of what has already been started in Downtown where you see these beautiful apartment buildings being developed that continue the vibrancy of people living, walking, spending time and money [in the] Downtown," Blackburn said. 

Other projects in the Central Ward recently approved by city officials include the expansion of a Halsey Street building which will add a third and fourth floor to its existing site, housing 12 additional units. In total, the building will house total units to 32, encompassing 54 bedrooms. The project will also expand the property horizontally to create a new lobby entrance and a new mezzanine. 

Other projects approved in the ward include a third, 40-story residential tower for the Halo development project on William Street. Once built, the additional tower will bring the total units on the property to 952 residential units with a mix of studios, one and two-bedroom apartments, and other social amenities. 

The same week the Halo project was approved, Newark Mayor Ras Baraka announced the launch of the Kawaida Towers affordable housing development which will bring 66 units to the downtown area. 

In February, the city municipal council granted a 30-year tax exemption for a 270-unit resort-style apartment complex on William Street. It will also hold two restaurants.  

In December 2020, an applicant proposed to build a mixed-use tower on Washington Street which calls for the construction of a 22-story tower and would include 207 residential units. 

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published this page in News and Politics 2021-04-23 03:31:43 -0700