Best of 2018: The Best Developers Top Project
One Theater Square-Newark, NJ
Size: 1.2 acre site; 400,000 SF project Completed in 2018, One Theater Square is Newark’s first residential high rise in 55 years. The iconic 22-story brick and glass tower has become a decisive symbol of Newark’s revival and an example of a successful private/non-profit collaboration. Located across the street from NJPAC, and in partnership with them, Dranoff Properties developed a sleek tower which boasts 245 apartments, including 24 affordable units, 12,000 sq. ft. of ground floor retail and 285 parking spaces. Located conveniently near Military Park; and adjacent to the waterfront; and the City’s business district, One Theater Square embodies a bold, new vision of downtown Newark.