|
|
 |
New Jersey
Newark's Proposed Mulberry Street Redevelopment Moves Closer to Property Acquisition
With only a few vacant home parcels left in Newark, Mayor Sharpe
James hopes the Newark Redevelopment Corp. will soon overcome the
last remnants of a six-month resistance by the Mulberry Street
Coalition to the city's first ''comprehensive urban downtown
neighborhood development,'' the 13-acre, $550 million Mulberry
Street Redevelopment project featuring 2,000 market-rate condo
units, whose architect Dean Marchetto asserts, ''This project could
be New Jersey's poster child for smart growth. We think it could be
the antidote to suburban sprawl.'' Local residents have mostly
opposed the use of eminent domain against their properties, reports
Star-Ledger writer Jeffrey C. Mays, quoting Newark Business
Administrator Richard Monteilh, who says, ''We've made a huge effort
to knock on every door. Everyone has been guaranteed that they'll
get fair market value and then some.''
Mulberry Street Coalition spokesman George Mytrowitz tells
the writer, ''We believe that redevelopment can succeed without
dislocation. Let us be part of the renaissance of Newark by coming
to agreement on how to build, how to improve'' the project.
City officials expect the project, with its downtown
amenities and typical two-bedroom apartments in a $225,000 price
range, to draw thousands of professionals now commuting from other
places, which would boost Newark's population and tax base. Should
the City Council approve the condemnation process at its December
3 meeting, the writer adds, construction would start next spring.
-- Star-Ledger
11/15/2003
Click here to view the source article or
here to view the source publication.
|
|