four corners millennium project
The Four Corners Millennium Project (“Millennium Project”) consists of seven mixed-use residential, hotel, office and retail buildings located in the heart of downtown Newark’s Four Corners Historic District. What was once the busiest intersection and shopping district in the State of New Jersey and surrounding region, has over the past 25 years declined such that there exist several vacant and underutilized buildings, most of which are not occupied above ground-floor retail uses. Recently, a few infill buildings have been renovated to bring several dozen residences and a Dinosaur Barbeque restaurant to the Four Corners area. But not until RBH Group and City of Newark officials conceived of the Four Corners Millennium Project, did anyone address the district in a comprehensive, integrated manner.
The Millennium Project mirrors the goals and objectives of the SoMa Master Plan, extending the mixed-use, community-building concept
north and east from the boundaries of SoMa (including its first phase Teachers Village development), to activate the core of the central business district. Specific uses within the Millennium Project include:
Residential: 807,565 sf (705 units)
Hotel: 70,815 sf (130 rooms)
Retail: 161,670 sf
Office: 110,000 sf
The buildings each contain retail on the ground floor, with residential, office or hotel uses above the ground floor. Parking for 599 cars will be accommodated within the project. Historic features of significant and Landmarked buildings will be preserved in the overall design of the Project.
The Millennium Project builds upon the City’s master planning efforts as outlined in the Living Downtown Plan and the Master Plan to strengthen Four Corners as the active retail crossroads of the downtown by encouraging a continuous, active street wall along Broad and Market Streets that creates vibrant storefronts with day and evening uses that promote pedestrian activity on the street.
In addition, the Millennium Project will enhance the quality of the downtown experience in order to increase residential population, support business attraction, and increase retail spending by a range of downtown populations, including residents, workers, students, and visitors.