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Newark to Get Apartments at Site of Defunct Baseball Stadium

  • Plans for ‘workforce neighborhood’ include offices and retail
  • Project extends revival efforts for New Jersey city’s downtown
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Developers of a mixed-use project at the site of a failed baseball stadium in Newark unveiled plans calling for as many as 2,000 rental apartments and 400,000 square feet of office space, part of an effort to revive the downtown of New Jersey’s largest city.

Lotus Equity Group named four architecture firms that will collaborate on the design for the 2.3 million-square-foot (214,000-square-meter) development, which also would have retail stores and open space, according to the preliminary plans. The site of the former Bears & Eagles Riverfront Stadium is within walking distance of trains to Manhattan and campuses of Rutgers University and the New Jersey Institute of Technology.