Teachers Village is a neighborhood centered around Halsey Street in Newark, New Jersey. It is located in Downtown Newark in southwest quadrant of the Four Corners Historic District, south of Market Street (SoMa) in the Central Ward between the Prudential Center and Springfield/Belmont.

Halsey at Maiden Lane
Old and new buildings at William Street
Treat Place

Teachers Village was originally developed by RBH and was designed by Newark native Richard Meier. The eight-building, 400,000-square-foot project transformed five blocks in the city, resulting in 204 moderately priced apartments, three charter schools, open space and 65,000 square feet of retail space.[1][2]

Ground was broken in 2012.[3][4][5][6] Some buildings though more than 100 years old, were considered expendable in the greater development planning. To that end the demolition and replacement of some lead to the creation of a retail corridor along Halsey Street.[7][8][9][10][11][12][13][14][15][16] Goldman Sachs committed $100 million to the project.[17] It was completed in 2018.

The project has stimulated other mixed-use development and renovations in the neighborhood[18][19] such as the William Flats,[20] the approved 19-story Vibe and the planned 40-story Halo.[21][22][23] as well as new restaurants, shops, bank, and a planned Eataly-style food marketplace.[24][25] At Washington and William Street a former office building is being heightened and transformed to residences.[26]

Teachers Village is the core of a broader redevelopment for the district called SoMa, short for south of Market Street. The master plan calls for more than 15 million square feet of development area across 23 acres in the neighborhood.[27][28]

References

  1. "Richard Meier's mixed-use Teachers Village development is revitalizing downtown Newark". 6sqft. Retrieved March 2, 2019.
  2. "Building a sustainable city. Teachers Village by Richard Meier & Partners Architects - The Strength of Architecture - From 1998". www.metalocus.es. Retrieved March 3, 2019.
  3. Langhorne, Emily. "Teachers Village: One City's Innovative Solution To The Problem Of Teacher Retention". Forbes. Retrieved March 4, 2019.
  4. "Newark breaks ground on $149M Richard Meier-designed Teachers Village". The Real Deal New York. February 9, 2012. Retrieved March 2, 2019.
  5. "A Community of Teachers Helps Revitalize Newark, New Jersey - HUD USER". www.huduser.gov. Retrieved March 2, 2019.
  6. "There's a brilliant $150 million 'Teachers Village' in Newark". finance.yahoo.com. Retrieved March 4, 2019.
  7. "A $150M, Richard Meier-Designed Village For Teachers? In Newark?! - Fast Company". FastCompany.com. May 29, 2012. Retrieved October 26, 2017.
  8. ""Teachers Village" project passes historic hurdle". The Star Ledger. March 3, 2010. Retrieved August 8, 2010.
  9. Langhorne, Emily. "Teachers Village: One City's Innovative Solution To The Problem Of Teacher Retention". Forbes. Retrieved March 3, 2019.
  10. "Arts & Design". New York Times. May 5, 2010. Retrieved August 8, 2010.
  11. "Newark's teachers village: A promising development plan". NJ.com. Retrieved October 26, 2017.
  12. "Newark to break ground on long-awaited Teachers Village". NJ.com. Retrieved October 26, 2017.
  13. "RBH Group: Teachers Village New life for Newark". Business Experience. October 4, 2012. Retrieved February 12, 2012.
  14. "Beit credits EDA, Urban Transit Hub incentive at Newark groundbreaking - NJBIZ". NJBiz.com. Retrieved October 26, 2017.
  15. Goldstein, Dana (February 10, 2012). "Cory Booker and Chris Christie: Teachers Should Live in Downtown Newark". TheNation.com. Retrieved October 26, 2017.
  16. "Teachers Village in Newark - NJ Building - e-architect". e-Architect.co.uk. February 15, 2012. Retrieved October 26, 2017.
  17. "Teachers Village". Urban Investments. Goldman Sachs. Archived from the original on November 16, 2012. Retrieved January 26, 2013.
  18. Kofsky, Jared (September 19, 2016). "Development Projects Sprout Up Along Halsey Street in Newark". Retrieved March 3, 2019.
  19. Kofsky, Jared (September 25, 2018). "128-Year-Old Newark Building Could be Expanded Into 25-Unit Development". Jerseydigs.com. Retrieved February 12, 2019.
  20. "Newark luxury apartments - United States - Paramount Assets". williamflats. Retrieved March 22, 2019.
  21. Kofsky, Jared (July 19, 2018). "EXCLUSIVE: 40-Story Towers Could Bring Nearly 600 Apartments to Newark". Retrieved March 3, 2019.
  22. Yi, Karen (April 17, 2018). "Rooftop pool? Check. Shuffleboard? Check. This new high-rise even comes with Alexa". nj.com. Retrieved March 3, 2019.
  23. Blair, Gillian (February 22, 2018). "Renderings Revealed for Downtown Newark's New Tower". Jerseydigs.com. Retrieved February 11, 2019.
  24. "Vibe Newark - Life Done Well. Newark, NJ". Vibenetwork.com. Retrieved February 11, 2019.
  25. Kofsky, Jared (March 3, 2017). "Eataly Inspired Italian Marketplace Planned For Newark's Teachers Village". Jerseydigs.com. Retrieved February 11, 2019.
  26. Kofsky, Jared (November 26, 2019). "Renderings Revealed for 92-Unit Project on Newark's Washington Street".
  27. "RBH Group, city officials unveil transformative Teachers Village project in Newark – Real Estate NJ". Retrieved March 2, 2019.
  28. Cunningham, Cathy (February 23, 2017). "RBH Group Snags $28M in Financing for Downtown Newark Development Projects". Commercial Observer. Retrieved March 2, 2019.

"Teachers Village - RBH Group". www.rbhgrp.com.

40°44′01″N 74°10′30″W / 40.733641°N 74.175069°W / 40.733641; -74.175069

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.