Since bidding adieu to the minor league Newark Bears baseball team in 2013, Bears Stadium has been left vacant. The 6,200-seat stadium sits on eight acres adjacent to the waterfront and a short walk away from NJ Transit’s Broad Street station, which is accessible to Midtown Manhattan in 18 minutes.
In 2016, Lotus Equity Group purchased the stadium for $23 million with plans to redevelop the site into a 24/7 live-work-play community. The project will create up to 2,000 residential units, 400,000 sf of office space, large- and small-scale retail, and cultural and public open space in the emerging Broad Street Station section of downtown Newark.
Recently, Lotus Equity Group announced a team of four architecture firms that will be working on the project. The team includes Practice for Architecture and Urbanism, Michael Green Architecture, TEN Arquitectos, and Minno & Wasko Architects and Planners.
“When designing this site, it was important to us that our approach be focused on community engagement, inclusion, and transparency,” says Ben Korman, Chief Executive Officer and Founder of Lotus Equity Group, in a release. “We chose a team of architects that will not only create beautiful buildings, but also shares our commitment to urban planning and design that will thoughtfully support the urban renewal of Newark’s Central Ward.”
The project’s first phase of development is currently underway.
Related Stories
Mixed-Use | Jul 15, 2020
1928 hotel reimagined as new residential and cultural hub in Merced, Calif.
Page & Turnbull designed the project.
Mixed-Use | Jul 14, 2020
Apartments and condos occupy what was once a five-story car dealership
Wisznia | Architecture+Development designed, developed, and is managing the project.
Mixed-Use | Feb 21, 2020
SB Architects to design Fort Lauderdale’s FATVillage mixed-use destination
The project will build upon the existing FATVillage Arts District.
Mixed-Use | Feb 14, 2020
Kenya’s Pinnacle Tower will be the tallest tower in Africa
ArchGroup Consultants is designing the project.
Mixed-Use | Feb 13, 2020
1010 On-The-Rhine creates a walkable destination in Cincinnati
GBBN designed the project.
Sustainability | Feb 12, 2020
KPF unveils The Pinnacle at Central Wharf, a high-performance, resilient tower
The project will reconnect Downtown Boston to the waterfront.
Mixed-Use | Feb 11, 2020
KTGY unveils designs for Downtown Superior’s Main Street mixed-use portion
The development will be built in Superior, Colo.
Mixed-Use | Feb 7, 2020
Rising to the occasion
Roof deck entertainment spaces are popular amenities that present engineering and code complexities.
Mixed-Use | Jan 27, 2020
Dubai’s One Za’abeel will have the world’s largest cantilever
Nikken Sekkei is designing the project.
Mixed-Use | Jan 17, 2020
RMJM designs conjoined, twisting towers in Hengyang, China
The towers will rise 580 feet.