Comments
madsheb OP t1_j9614zc wrote
Link (includes other maps of Newark and North Jersey; report from Q3 (November) 2022): https://base.berkadia.com/wp-content/uploads/2022/11/Berkadia-Northern-New-Jersey-3Q22-Construction-Pipeline-Report.pdf
GhostOfRobertTreat t1_j963duz wrote
What is the difference between “planned” and “proposed?” Land use approvals versus an announcement?
madsheb OP t1_j96jt9c wrote
They define the terms in another one of their reports, as:
*The Planned phase is defined as an apartment community that is actively moving through the pre-development phase; specifically intended to be developed as apartments.
*The Prospective phase is defined as tentative and subject to entitlement approvals; having been temporarily shelved by the developer; or the developer is uncertain regarding final status - to continue as apartments or to sell units as condominiums.
Newarkguy1836 t1_j9d3es8 wrote
Well that was a waste of time. I don't know what Jersey city has to do in Newark. Not to go into my phone settings and find us download to delete it. LOL
Evildude42 t1_j96gti3 wrote
#96 should have been built years ago, and last I saw - about eight months ago - it was still parking for a bunch of containers.
Newarkguy1836 t1_j9d2wed wrote
I grew up in that yellow house next to the gas station across the street ! My parents sold it last August to Gomez and was demolished. I still maintain the subtropical banana plants, yucca's and the cold hardy Palms .The Baxter terrorist projects were demolished back in 2007. It is disgusting and a testament to this fraudulent City nothing has been built after phase one of Baxter Park! It's been like this for over 15 years. Why? Because the corrupt city on the land. No private developer would survive this. You either build or sell the land or go bankrupt. The rumor is a company from Philadelphia called Brandywine development( and I don't know it's one of their couple of brandy wines in real estate and none of the websites even mentions Newark!) Went into a deal with the city of Newark to redevelop that land, as well as the former Borden's Milk Factory AKA Peddler Square. Brandywine agreed to rebuild the cities training facilities for fire and police at the West runion Redevelopment. At the site of the former Belmont Elementary School. In return, Brandywine now gets The Peddler Square/ Borden site in a land swap. The original plan was for townhouses and the style of James Street Commons. This was before the Brandywine acquisition. So far, Brandy one has done nothing. I don't even know if Brandywine is still involved. I know Moonlight Cinemas rented the property and a trucking firm rented half the land to store their trailers a year ago. The trucking firm moved to McCarter Highway to a site where a Wawa was supposed to be built.
jamshill t1_j96lly1 wrote
Are any condos? Or all rentals
Ironboundian t1_j9a1bfq wrote
everything in that report is rentals.
IsstvanIII t1_j975v7d wrote
Nice to see but need more focus downtown
wornoutnewark t1_j98x708 wrote
Don’t see Shaq tower, 55 Union or any of the developments on Washington street ( I forget the names) listed as under construction. If you add those, the number of new units hitting the market in 2023 should exceed 2k units.
felsonj t1_j9gx1nv wrote
Those projects are included in the other maps. One project that is missing however is 50 Sussex. That project was under construction by the end of 2022 Q3.
Adding that project, there were 1,754 units under construction in Newark as of 2022 Q3, as compared with 2,238 in Jersey City.
Newarkguy1836 t1_j9d3m3l wrote
This is probably a very dated map proceeding those developments.
AcademicConstant4367 t1_j9a58ay wrote
Harrison Yards #6 and 115 were built half abandoned with one incomplete building residents still living in there for years. They lost their website and recently retrieved it back. Does this mean there is a new ownership now to get it rolling?
LivingLife911 t1_j9kp7wf wrote
I though this was all part of the redevelopment plan?
tcbphil t1_j9gvs6a wrote
Hmm this looks dated. Riverfront square is definitely off the table, with construction of citisquare hopefully starting this spring…
DrixxYBoat t1_ja561ko wrote
I'm close with the people on the citisquare development team and recently asked about it (yesterday)
They told me they're planning on starting construction this summer
tcbphil t1_ja5tbka wrote
That’s exciting news! Thank you for sharing!
Nexis4Jersey t1_j98x6gd wrote
We need to triple the amount of units built within the Downtown core and University Heights...I want to see a JC sized building boom within 5yrs..