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Riverfront Master Plan
Newark, NJInvolved Subsidiaries:
In 1998, The Kimmerle Group joined forces with Millennium, a Newark-based minority-owned development company, to create a large-scale development plan on a prominent parcel of land then under contract through a public auction from PSE&G.
The property, a designated brownfield site fronting on the Passaic River and adjacent to Newark Penn Station, the Legal Center and the Prudential's Gateway complex, was PSE&G's former coal gasification plant known as the Coal Street yards.
The project plan includes a multilevel parking structure below a twelve-story, 250,000 sf office building, a 350-room full-service hotel and a 45,000 sf convention center. Additional components of the plan include corporate condominiums on the upper floors of the hotel structure and a minority-focused culinary institute.
In addition, the project incorporated a 50,000 sf historic structure, one of the last waterfront industrial structures remaining in the area, for conversion as a retail and entertainment center modeled after the Faneuil Hall complex in downtown Boston.
This ambitious urban planning program for downtown Newark also incorporates a marina along the waterfront and a linear waterfront park, a component of the Newark master plan.
The project reached preliminary and conceptual review with the cooperation of the Marriott Corporation, the operating hotel tenant. It has been widely applauded and endorsed by local council and community boards for its minority-based approach to urban planning and the redevelopment of the Newark waterfront, a key component of downtown revival in this troubled urban area.
These types of urban planning projects can involve great risks, but the rewards of having a potentially positive effect on significant elements of the urban environment are even greater.
We are proud of The Kimmerle Group's continued vision and commitment to urban planning and revitalization and our role as a leader in this area. These projects must be addressed with care, energy and a positive and creative insight into the problems that continue to challenge urban America.