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Penn Plaza East Redevelopment

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

Source: New Jersey Business Magazine

Project
Planned

NJ TRANSIT and Horizon Blue Cross Blue Shield of New Jersey are exploring opportunities to redevelop Penn Plaza East, the former headquarters building adjacent to Newark Penn Station, into a premier mixed-use development. The project includes a new residential complex of up to 1000 units at 1 and 3 Penn Plaza East and a new single-tenant 250,000 square foot Class A building to serve as Horizon's n

Status
Prospective
Sector
Residential, Commercial
Location
Newark, New Jersey, United States of America
Updated
22 Jul 2026
Source
New Jersey Business Magazine

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Project Information

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The project “Penn Plaza East Redevelopment” is an infrastructure initiative in the Residential sector, located in Newark, New Jersey, United States. Taiyo aggregates data on it from New Jersey Business Magazine.

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

NJ TRANSIT and Horizon Blue Cross Blue Shield of New Jersey are exploring opportunities to redevelop Penn Plaza East, the former headquarters building adjacent to Newark Penn Station, into a premier mixed-use development. The project includes a new residential complex of up to 1000 units at 1 and 3 Penn Plaza East and a new single-tenant 250,000 square foot Class A building to serve as Horizon's new headquarters.

Original sector

Real Estate

Location

Country

United States of America (USA)

State

New Jersey

City

Newark

Source

Source

New Jersey Business Magazine

URL

More Details

Record type

Project

Sector

Residential, Commercial

Article published date

2025-12-05

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