$150M project will have 330 rental units in high-rise and low-rise buildings, retail, restaurants (including food hall) and cultural spaces (including arts education center)
John Schreiber, the CEO of the New Jersey Performing Arts Center, said the overarching mission of the center has remained the same since it opened in 1997: Contribute to the ongoing revitalization of Newark’s downtown.
Today, that mission takes a giant step forward.
NJPAC, along with its development partners Center Street Owners — a new entity that involves L+M Development Partners and architectural firm Skidmore, Owings & Merrill — will unveil a $150 million project that will help NJPAC essentially create a vibrant new neighborhood on the arts center’s 7.3-acre riverfront campus.
The neighborhood will bring nearly 350 units of housing as well as retail establishments, restaurants and cultural spaces — and it will come with a pedestrian-friendly extension of Mulberry Street, across what is now NJPAC’s Lot A parking area.
The project, which is expected to break ground in 2022, has an anticipated completion in 2024.