Extraordinary 5-Acre Development Planned in Ironbound - Francis J. Giantomasi
December 16, 2015
Francis J. Giantomasi, member of the firm's Real Estate, Development & Land Use Group, was quoted in a GlobeSt.com article titled "Extraordinary 5-Acre Development Planned in Ironbound." The article, published on December 16, 2015, explores the potential types of development for the 5.2 acre mixed-use, transit-oriented development site in Newark's Ironbound neighborhood. Frank is serving as lead counsel for seller Iberia Ironbound.
According to Frank, "This is just such a unique site in terms of the aggregation that’s already been done. Usually developers have to figure out how to acquire contiguous parcels, and here, we’ve got virtually a block and a half that’s situated so beautifully between Market Street and Ferry Street. It really is an incredible piece of property. Not only will it bridge two of Newark’s most exciting and dynamic neighborhoods, but it’s also positioned to become its own standalone destination for living, shopping and dining for the surrounding region.”
To read the full article, please visit GlobeSt.com's website. (Subscription Required)