Newark unveils first speculative office space plans in 30 yrs
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
PLANS were unveiled on Tuesday for the transformation of a Newark warehouse into a mixed-use project that would include the city's first speculative office space in at least 30 years.
Edison Properties, a Newark-based real estate developer, is making a US$75 million equity investment in the 42,400 square-metre project, said Daniel Ivers, a company spokesman. Plans call for two storeys of retail and restaurant space, and six floors of offices. The site borders Mulberry Commons park and will connect Newark's Pennsylvania Station with Prudential Centre, home to the New Jersey Devils hockey team.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
