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Ground broken for Newark federal building.

Local, state, and federal officials, as well as representatives from the U.S. General Services Administration (GSA), the FBI and local community leaders gathered recently to launch Newark, N.J.'s first waterfront development project along the Passaic River.

Located directly across from McCarter Highway, the 12-story facility, called Claremont Tower, will be the future home of the Newark division headquarters of the FBI. As announced during the groundbreaking ceremony held May 14, the development will also include nearly 14,000 SF of ground floor retail space.

"Today is a historic day for Newark, and we are proud to develop a Federal building in a way that can also serve as a good urban neighbor," said A. Alexander Lari, principal of the Claremont Group, a family-owned enterprise that has developed office buildings, high-rise condominiums residential homes, a hotel, and other Federal buildings across the New York metropolitan region for more than 20 years.

"The Newark office of the FBI and its employees are very proud and honored to be a part of the Passaic River waterfront development and the revitalization efforts of Newark," said Kevin Donovan, special agent in charge. "This day marks a proud moment for the visionaries who helped to make this dream a reality."

Under the terms of the lease contract negotiated by the GSA, the FBI will occupy 240,000 SF of office space in the building. In this high visibility location, the office tower facade will be constructed of vision glass and red brick to recall Newark's older commercial structures and complement NJPAC's contemporary look.

Mayor Sharpe James praised the project as yet another step in Newark's ongoing revitalization effort.

"The Claremont Tower project marks the launch of the revitalization of Newark's waterfront region. Combined with the revival of Newark's business district, rise in home ownership, and the future development of a new sports and entertainment venue for the Nets and Devils, Newark is a destination of choice," said James.

"GSA is excited to be a part of the revitalization of Newark," said Steve Ruggiero, acting regional administrator of U.S. General Services Administration. "We hope this will encourage further development on the waterfront."

According to Stanton Eckstut, principal of Ehrenkrantz, Eckstut & Kuhn Architects, the firm that designed the building: "Claremont Tower will give form to the proposed Joseph G. Minish Park and serve as a beacon on the Passaic River at the city's new front door."
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jun 20, 2001
Words:402
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