The City of Newark has prepared an elaborate concept plan for approximately 50 acres of property owned by the City, other public agencies and private entities surrounding the Broad Street Train Station in Newark and has invited developers to submit responses to a “Request for Expressions of Interest” (“RFEI”),  focused on transit-oriented development in close proximity to the NJIT and Rutgers-Newark campuses. 

The deadline for submission of a response to the RFEI is May 12 at 4:00 p.m.

Here is the text of the original advertisement for the RFEI:

The City of Newark, New Jersey (“City”) invites qualified developers or development teams (“Respondents”) to respond to this Request for Expressions of Interest (“RFEI”) with conceptual development proposals and statements of their qualifications to be selected to develop one or more parcels in the Broad Street Station District (“District”).  The RFEI is being solicited through the Fair and Open Process in accordance with The New Jersey “Local Unit Pay to Play” Law N.J.S.A. 19:44A-20.4 et seq.

The Booker Administration has identified the revitalization of the Broad Street Station District as a top priority area in downtown Newark.  The District is bounded generally by Newark Street to the west, Clay Street East to the north, the Passaic River to the east and Central Avenue to the south.  The District is a priority reinvestment area of the downtown with a range of large-scale, transit-oriented development opportunities.  Currently, the District includes an estimated 50 acres of developable properties, most of which are within a 5-10 minute walking radius to New Jersey Transit’s Broad Street Station, the Newark Light Rail line, two subway station stops, the vibrant Downtown campuses of Rutgers and NJIT, cultural institutions and an increasingly accessible Passaic Riverfront.

For a link to the City’s website with a copy of the RFEI and related exhibits and information, click here.