A company affiliated with L + M Development Partners is adaptively using the long-standing 18-story former parking garage at 155 Washington Street and is planning to build a new four-story building to create a large mixed-use project. Photo credit Inglese Architecture + Engineering about the meeting.
Minor changes have been made to a development plan for a property in Downtown Newark that Rutgers University sold for more than $ 9 million last year.
During its July 20 session, the Newark Central Planning Board approved changes to the proposal for 155 Washington Street. The developer, a company affiliated with L + M Development Partners called 155 Washington Street Urban Renewal, LLC, is adaptively reusing the long-standing 18-story former parking garage on the site and planning to build a new four-story building to accommodate a large mixed-use project .
Construction on the site began in late 2019 and requires a total of 250 residential units in both buildings and 6,250 square feet of retail space. Photo credit Inglese Architecture + Engineering on the application.
Construction work on the site began at the end of 2019. According to a press release, the proposal now envisages a total of 250 residential units in both buildings and 6,250 square meters of retail space on the site.
A Newark Central Planning Board employee report prepared by John Barree found that three live work units that were supposed to be recorded along Warren Street had been removed from the proposal.
Photo credit Inglese Architecture + Engineering about the meeting.
The pedestrian zones that would have connected Washington Street with a courtyard were also removed from the plans, according to the report. “The new four-story building has been reconfigured to join the existing building and extend along the Washington Street front.”
Given that the elimination of residential and work units resulted in an increase in retail space, Barree asked in his report whether there were concerns about the viability of retail and a possible increase in demand for residential and work space, “as more People working from home in the US post-covid world. “
The amended proposal continues to include institutional space for Rutgers University-Newark. A map shown during the meeting by Inglese Architecture + Engineering’s Alex Merlucci suggested that a coffee shop might be on the corner of Washington Street and Warren Street.
“While the proposed development comprises two separate and distinct buildings, the applicant intends to provide amenities within the existing building that will be available to all tenants throughout the development, including those in the new building,” according to the site plans. “In addition, the bicycle room on the ground floor of the existing building is used by the tenants of both buildings.”
This hearing was not the only discussion about an L + M project during the July 20th meeting. The Newark Central Planning Board also approved a minor subdivision for a 0.65-acre parking lot on the Georgia King Village property. Attorney Marsha Moore advised the board that this area could include a future housing and health facility project, but the development plans were not part of the approved application.
The July 20 meeting took place nearly a month after Newark City Council passed a resolution approving the sale and issuance of up to $ 1.25 million in renovation bonds to Prudential in connection with Project 155 Washington Street were approved.