Tona Development and KS Group have closed on a $49.9 million construction loan to complete a new rental building at 50 Sussex Avenue in Newark, New Jersey. Designed by INOA Architecture, the building will top out at 15 stories and contain a mix of 203 apartments and 2,000 square feet of ground-floor retail space.
The Newark Office of Planning and Zoning has approved proposals to construct a 45-story residential skyscraper at 571 Broad Street in New Jersey. Designed by INOA Architecture for developer Israel Weiss of Oceanview Capital Management, the building will debut as Arc Tower and top out at 520 feet above ground, making it Newark’s tallest structure.
Construction has broken ground at 50 Sussex Avenue, a forthcoming rental property in Downtown Newark, New Jersey. From developers Tona Development and KS Group, the 203-unit property will top out at 150 feet or 15 stories above ground.
Renderings have been revealed for 50 Sussex Avenue, a 15-story building in Newark, New Jersey. Designed by 50 Sussex Avenue and developed by Tona Development, which won approvals to construct the project in 2021, the 150-foot-tall structure will yield 203 rental units and 2,000 square feet of commercial space. Available apartments will range from studio units up to two-bedroom floor plans.
Site excavation and foundation work is now underway for Halo, a three-tower high-rise development that will eventually be one of the tallest buildings in Newark, New Jersey. Located at 289-301 Washington Street, the 38-, 42-, and 46-story towers will comprise a mix of rental apartments, residential amenities, and a multi-level parking garage. The tallest tower will top out at 573 feet.