A new mixed-use building has been approved by the Newark Planning Board. Florio Residential and Retail at 648-652 Raymond Boulevard calls for 120 residential units and 2,800 square feet of ground floor retail space. It is another building in the ongoing redevelopment of Newark’s Ironbound District in the East Ward.
The new five-story building across from Newark’s Riverfront Park will be more than 141,000 square feet. The residential floors will be a mix of studios and one- and two-bedroom units. There will also be more than 1,200 square feet of amenity space on the second floor and a 5,200 square feet terrace for use by residents.
A ground level parking garage with 89 spots is also planned.
The project requires the demolition of the existing building on the site, which sits a little more than a mile from both Newark Penn Station and the PATH station in Harrison.