Lanky_Act6769 t1_itqwk0q wrote
Reply to comment by Kalebxtentacion in 60+ Story Tower Approved? by [deleted]
Thank you for the share, and I actually remember this proposal now that my memory has been refreshed. Honestly, it’s only a matter of time before Newark is flooded with high density/high rise developments. The amount of property lots available, coupled with property costs and construction, it only makes sense to build up (especially given the demand from the rental market). So, I’m not too worried if a few stellar project proposals, like the Arc Tower or 900 Broad Street, get shot down. Newark really needs as many apartment units it can get online to the market as the demand is almost unreal really. Plus, more downtown residents to the city’s core is always a plus for retail and other economic activities.
Kalebxtentacion t1_its8gs8 wrote
True but I would very much want to see the Arc tower break ground.
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