Format
Full
City
Newark
State/Province
NJ
Country
USA
Metro Area
New York
Project Type
Multifamily Rental
Location Type
Central Business District
Land Uses
Multifamily Rental Housing
Retail
Keywords
Adaptive use
Downtown revitalization
Historic preservation
Luxury housing
Market-rate housing
Mixed use
Office-to-apartment conversion
Transit-oriented development
ULI Awards for Excellence 2008 Winner
Site Size
0.3
acres
acres
hectares
Date Started
2005
Date Opened
2006
Formerly a vacant, distressed office building, Eleven80 is a 316-unit luxury residential tower located in downtown Newark, New Jersey. Upon acquisition, the developer–Cogswell Realty Group–found the 75-year-old, 35-story edifice in a nearly irreparable state: renovation required significant work on the building’s structure, new building systems, and a restored facade. As the first major residential construction in downtown Newark in four decades, the project involved seven years of planning, seven separate sources of funding, and a lengthy approvals process., , Founded in 1996, Cogswell Realty Group is a full-service real estate company that owns or manages over 4 million square feet (371,600 sq m) throughout the New York metropolitan area. In addition to Eleven80, Cogswell Realty has extensive redevelopment plans for properties it owns throughout the 28-acre (11.3-ha) redevelopment area just north of the commercial core, cementing the developer’s stake in the renaissance of downtown Newark.
Become a member today to view this case study.
Unlimited access to this robust content is a key benefit of ULI membership. View a “Free Look” case study to see what you are missing, and consider becoming a member to gain unlimited access to ULI Case Studies.
Free Look Learn More about Membership
Format
Full
City
Newark
State/Province
NJ
Country
USA
Metro Area
New York
Project Type
Multifamily Rental
Location Type
Central Business District
Land Uses
Multifamily Rental Housing
Retail
Keywords
Adaptive use
Downtown revitalization
Historic preservation
Luxury housing
Market-rate housing
Mixed use
Office-to-apartment conversion
Transit-oriented development
ULI Awards for Excellence 2008 Winner
Site Size
0.3
acres
acres
hectares
Date Started
2005
Date Opened
2006
Case Study/Profile Type: DCS
Website: http://www.eleven80rentals.com/
World Region: North America
Developer/Owner
Cogswell Realty Group, LLC
Newark, NJ
Architect
Gruzen Samton Architects LLP
New York, NY
Historic Preservation Consultant
Building Conservation Associates, Inc.
New York, NY
ULI Awards for Excellence 2008 Winner