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Newark Downtown District Streetscape Lighting Symbol
Streetscape Improvement Project
About Project
Market Street Rendering 1
Market Street Rendering 2
Market Street, Newark
History

In 1998, the Newark Municipal Council approved the creation of the Newark Downtown District (NDD) a Special Improvement District (SID) dedicated to revitalizing Downtown Newark by improving the economic viability of the central business district and enhancing the quality of life for residents, workers, students and visitors. The NDD provides supplemental cleaning services, hospitality/security services, marketing, special events, and physical improvement programs for the downtown district. The SID is funded through a special assessment on nearly 600 commercial properties in Downtown Newark. Since the Newark Downtown District (NDD) became operational in 1999, it has literally hauled away tons of trash, produced and initiated events such as weekly Farmers Markets and Foodtopia Food Festivals, managed a $1 million façade improvement program for small businesses that yielded $10 million in private investment, and produced collateral materials to promote Downtown Newark to visitors and investors such as the Downtown Newark Map, Downtown Newark Cultural Guide, Downtown Newark Restaurant Guide, and the Downtown Newark Real Estate Marketing Packet.

Now in its ninth year of operation, the Newark Downtown District (NDD) is embarking on its most ambitious project to date, a $17.5 million renovation of the downtown streetscape.


Financing

The Newark Downtown District Streetscape Improvement Project will be financed through an innovative partnership with the New Jersey Economic Development Authority (NJEDA). The NJEDA has approved $10 million in bonds to be issued on behalf of the NDD, and the debt service on the bonds will be paid for by the Newark Downtown District (NDD).

The remainder of the $17.5 million will be supplied through cash and in-kind commitments from the City of Newark, the Newark Urban Enterprise Zone (UEZ), the Newark Downtown District (NDD), and PSE&G.

Newark Mayor Cory A. Booker says, “We are particularly thrilled that we were able to finance this Project through mostly private resources – and at minimal cost to the citizens of Newark.”


Construction Schedule

The Project, which broke ground on Tuesday, June 26, 2007, will occur in phases over a three-year period. The first phase of construction will focus on the area immediately surrounding the Prudential Center – including portions of Market Street, Edison Place, Alling Street and Mulberry Street – in an effort to prepare the area for the grand opening of the arena this fall.


Project Team

The streetscape design was led by BRV Corporation of New York and Stantec/Vollmer, a Newark and New York-based engineering and landscape architecture firm, with support from H3 Hardy Collaboration Architecture LLC. The team previously worked together on large streetscape improvement projects in New York City in the areas of Grand Central, Bryant Park, and 34th Street. The wayfinding signage is being designed by Newwork.


For more information, Please contact the Newark Downtown District (NDD) at 973-733-9333 or visit www.downtownnewark.com