Cushman & Wakefield of New Jersey, Inc.
One Meadowlands Plaza
East Rutherford, New Jersey 07073
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NEWARK, N.J., March 9, 2017 – Cushman & Wakefield’s Senior Director Brian Whitmer, chair of the Urban Land Institute’s (ULI) Northern New Jersey District, will introduce a moderated panel discussion during ULI’s March 23 program entitled, “The Newark Downtown Renaissance: Hahne & Company Redevelopment A Catalyst for Community Growth.” The event, open to members and non-members of ULI, will take place from 4 to 7:30 p.m. at the Hahne & Company building, 609 Broad Street in Newark. Visit www.nnj.uli.org to register.
The early evening program will include a State of Newark & Case Study Overview, a moderated panel discussion and Q & A with the developer and their professionals, a networking reception and site tours, as well as a “meet and greet” with the project’s development team. Local public figures are expected to attend, in addition to Timothy Lizura, President and COO of the NJ Economic Development Authority.
Built in 1901 by a prominent local businessman, the Hahne & Company building has undergone several changes in ownership, and eventually closed in 1986. After being eyed for various redevelopment plans in the 1990s to no avail, the historic building is finally being redeveloped. The $174 million project is a collaborative public-private partnership that resulted in mixed-income housing, new street-level retail space, Newark’s first Whole Foods grocer, an arts and cultural center for Rutgers University, and hundreds of new permanent jobs and construction jobs. Now restored, the building serves as a hub for artistic and technological innovation, helping to create a 24-7 community downtown.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors and occupiers optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.