The biggest redevelopment project in the Garden State just got its official renderings released. The planned redevelopment by the Lotus Group of the disused Bears Baseball Stadium in downtown Newark now includes property adjacent to the railyards, making the total size of the project 12 acres.
The plan includes America’s largest timber office complex, as well as a residential and retail component with pedestrian plazas and open space in between. On top of that a 240 room hotel is planned for projects 2nd tallest building.
The project itself will consist of three phases, with the tallest building, consisting soley of office space, to be completed in the second phase.
In total their will be 2,526 residential units, 48 live/work units, over 2.2 million square feet of office and commercial space, a 240-room hotel, 102,144 square feet of retail, and five acres of open space.