Newark approves $800M high-rise project with 1,400 apartments
nj.com
Newark approves $800M high-rise project with 1,400 apartments
About 283 units will be set aside for people making below the area’s median income and be priced at below-market rates.
Mar 4, 2025
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Work has resumed on Newark’s second tallest building after nearly a year-long halt due to a dispute between the project’s developer and lender. 🏙️🏗️The 454-foot tower is expected to be completed by 2026 and is the first of three Halo buildings planned for the site, which will feature a total of 1,075 units. Additionally, 20% of these units will be offered at below-market rates for individuals earning less than the area’s median income. | The city of Newark, NJ
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Work has resumed on Newark’s second tallest building after nearly a year-long halt due to a dispute between the project’s developer and lender. 🏙️🏗️The 454-foot tower is expected to be completed by 2026 and is the first of three Halo buildings planned for the site, which will feature a total of 1,075 units. Additionally, 20% of these units will be offered at below-market rates for individuals earning less than the area’s median income. | The city of Newark, NJ
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