logo

Newark $500 Million Elementary School Project

Sector: Road • Location: Newark, New Jersey, United States

Source: NJ Spotlight News

Project
Planned

A planned four-story elementary school at 56 Freeman Street in Newark, designed to house 667 students. The facility would include a parking garage, rooftop playground, outdoor playing field, and a full gym. The project involves leasing the building for $500 million over 30 years with an option to purchase at the end of the lease term.

Status
Prospective
Sector
Road, Car parking, Education, Commercial, Automotive
Location
Newark, New Jersey, United States of America
Updated
22 Jul 2026
Source
NJ Spotlight News

ConstructChat

Ask ConstructChat about Newark $500 Million Elementary School Project

Pick a question to edit it, or write your own.

First answer free · no account

I am a

Project Information FAQ

Project Information

4 Q
The project “Newark $500 Million Elementary School Project” is an infrastructure initiative in the Road sector, located in Newark, New Jersey, United States. Taiyo aggregates data on it from NJ Spotlight News.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

A planned four-story elementary school at 56 Freeman Street in Newark, designed to house 667 students. The facility would include a parking garage, rooftop playground, outdoor playing field, and a full gym. The project involves leasing the building for $500 million over 30 years with an option to purchase at the end of the lease term.

Original sector

Education

Budget

Location

Country

United States of America (USA)

State

New Jersey

City

Newark

Source

Source

NJ Spotlight News

URL

More Details

Record type

Project

Sector

Road, Car parking, Education, Commercial, Automotive

Article published date

2026-03-30

More on this project

Research

Free account

View all details

You are reading the public part. A free account opens the rest:

  • Every detail on this project
  • News and media coverage
  • Technical research
View all details

Free account · no card · lands you back on this project