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 | May 17, 2017
The Lincoln Common development has begun construction in Chicago’s Lincoln Park
The mixed-use project will provide new apartments, condos, a senior living facility, and retail space.
Reconstruction & Renovation | Apr 27, 2017
One of the last abandoned high-rises in Detroit’s downtown core moves one step closer to renovation
Kraemer Design has been selected as the architect of record and historic consultant on the Detroit Free Press building renovations.
Mixed-Use | Apr 25, 2017
Dutch building incorporates 22 emojis into its façade
The emoji building is part of a larger mixed-use development built around a 150-year-old oak tree.
Mixed-Use | Apr 24, 2017
Take a look at Brooklyn’s Domino Sugar Refinery redevelopment
The master plan features market-rate and affordable housing, mixed-use space, and a waterfront park with a 5-block long “Artifact Walk.”
Sports and Recreational Facilities | Apr 21, 2017
Boston Celtics training and practice facility will be part of Boston Landing mixed-use development
The facility will also include two floors of Class A laboratory and office space and retail space.
Mixed-Use | Apr 7, 2017
North Hollywood mixed-use development NoHo West begins construction
The development is expected to open in 2018.
Mixed-Use | Apr 5, 2017
SOM-designed ‘vertical village’ is Thailand’s largest private-sector development ever
60,000 people will live and work in One Bangkok when it is completed in 2025.
Urban Planning | Mar 31, 2017
4 important things to consider when designing streets for people, not just cars
For the most part what you see is streets that have been designed with the car in mind—at a large scale for a fast speed.
High-rise Construction | Mar 31, 2017
Ping An Finance Center officially becomes the fourth tallest building in the world
The completed building sits between the Makkah Royal Clock Tower at 1,972 feet and One World Trade Center at 1,776 feet.
Mixed-Use | Mar 27, 2017
The Plant brings terrace-to-table living to Toronto
Curated Properties and Windmill Developments have teamed up to create a mixed-use building with food as the crux of the project.
