Design details have been published on the site redevelopment of Riverfront Bears & Eagles Stadiumthe former home of Newark Bear.
Bears & Eagles Riverfront Stadium opened in 1999 as the home of the Bears, then the Independent Atlantic League. The Bears were greeted with strong attendance numbers in their early years – and big names such as Jose Canseco, Rickey Henderson and Jose Lima adapted to the team – but an eventual drop in attendance did not. could be stopped, even after the change of club. to the Can Am League for the 2011 season. The final version of the Bears folded after the 2013 seasonand all assets were liquidated, leaving the city with an asset with a debt of 14 million dollars. From there, the baseball stadium hosted the high school, Rutgers University, newark and New Jersey Institute of Technology baseball.
In a plan that has been in the works for some time, Lotus Equity will demolish the stadium. This will pave the way for a mixed-use development on the site, including apartments and offices. More from Bloomberg:
Lotus Equity Group has appointed four architectural firms to collaborate on the design of the 2.3 million square foot (214,000 square meter) development, which would also include retail stores and open space, according to preliminary plans. The site of the former Bears & Eagles Riverfront Stadium is within walking distance of trains to Manhattan and the campuses of Rutgers University and the New Jersey Institute of Technology.
“We want to bring in different experts,” Ben Korman, chief executive of New York-based Lotus, said in an interview. “We wanted to harness the knowledge around us and, to some extent, around the world, for a quality middle-class neighborhood. Each will bring their own sensibility, but ultimately work together to make it work.
Lotus completed its purchase of the property last November and is set to begin construction sometime in 2018. Minno & Wasko Architects and Planners will serve as the official architect for the development project, along with Michael Green Architecture, Ten Arquitectos and The UPA is also involved in the project.
Rendered courtesy PAU.
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