New Heights: 325 Ferry Street

Newark is experiencing an economic boom, a “megaproject” of which is happening at the former West- inghouse plant, where a billion-dollar mixed-use project will see a hotel, retail space, housing, and offices. Anoth- er project, Ironside Newark, will turn a 1907 warehouse into a state-of-the-art office and retail destination. A ma- jor corporation, Mars Wrigley Confectionery, announced it will relocate its headquarters there from Chicago. Near- by, Riverfront Square, a 12-acre mixed-use project at the former Newark Bears baseball stadium, will be “a new place to work, play, and live,” while the Art Deco building at 540 Broad Street that once housed the New Jersey Bell Telephone Company is being converted into more office, retail, and rentals.