40°43′47″N74°02′11″W / 40.729698°N 74.036350°W /40.729698; -74.036350
Newport is a 600-acre (2.4 km2) master-planned,mixed-use community inDowntown Jersey City, in theU.S. state ofNew Jersey, consisting of retail, residential, office, and entertainment facilities. The neighborhood is situated on theHudson Waterfront. Prior to development, the area was home to theErie Railroad'sPavonia Terminal. The area is located oppositeLower Manhattan and theTribeca neighborhood inNew York City. Redevelopment of Newport began in 1986 as a $10 billion project led by real-estate tycoonSamuel J. LeFrak and his firm The LeFrak Organization.[1][2]
Newport's name was changed from "Newport City" to just "Newport" in 1988.[3]
New Jersey Transit'sHudson-Bergen Light Rail'sNewport station andPort Authority Trans-Hudson's ("PATH")Newport station are located in Newport. The area is also served by several New Jersey Transit bus lines, as well as other private bus lines.Interstate 78 is nearby and connects to theHolland Tunnel, which provides vehicle access toLower Manhattan, as well as to theNew Jersey Turnpike.
Part of the Newport community is theNewport Centre Mall, a large traditional indoor shopping complex anchored byMacy's,JCPenney,Kohl's,H&M,Dick's Sporting Goods, andZARA. Outside the mall and around the Newport area are a variety of primarily neighborhood oriented restaurants (known collectively as "The Restaurants at Newport") and retail stores[4] (known collectively as "The Newport River Market"). This includes a number of notables such as aTarget store which opened in 2004,[5] andBest Buy.[6]
As of 2014, the population of Newport is 15,000.[7] Newport's approved master Redevelopment Plan contains an 'as-of-right' entitlement to build 9,000 units of residential housing. Newport currently includes 10 high-rise rental apartment buildings comprising approximately 4,000 households. Construction of these buildings began in 1985. Newport's 10th rental apartment building, "The Aquablu," was completed and occupied in 2009. Newport also includes 3 high-rise condominium apartment buildings comprising approximately 900 additional households. Construction of these condominium buildings began in 1987. The most recent condominium building, known as "The Shore Condominiums at Newport, North Tower" was completed in 2008. Several adjacent residential buildings just south of Thomas Gangemi Drive along the 10th Street embankment are outside of the Newport Redevelopment Zone,[8] but because they are developed by the LeFrak organization,[9] are often advertised by real estate professionals as being in Newport.[citation needed]
The residential buildings within Newport are:[10]
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Many buildings offer views of theHudson River and theNew York City skyline. A portion of theHudson River Waterfront Walkway runs through Newport.
Newport's approved master Redevelopment Plan contains an 'as-of-right' entitlement to build 1,200 hotel rooms. A 187-room hotel known as theCourtyard by Marriott Jersey City-Newport opened south of Newport in 2000. A 429-room full-service hotel known as theWestin Newport, Jersey City opened in 2009.[12]
The "Newport Office Center" consists of 8 buildings which in total amount to over 5,000,000 square feet (460,000 m2) of Class A commercial office space. The first of these buildings, 111 Town Square Place, was built from the remnants of an abandoned warehouse in 1989. It contains both office and data centers. The most recent building, 100 Town Square Place was completed in 2003. Hundreds of different companies have headquarters or back-offices at Newport. These range from transportation companies such asEVA Air[13] to major financial institutions. The neighborhood’s office towers provide more than six million square feet of office space to major employers includingJP Morgan Chase,Citigroup,Fidelity Investments,L’Oreal,Forbes, andTory Burch. Furthermore, it houses more than 25,000 employees.[14] In March 2019, the LeFrak Organization sold the 350,000 square foot office tower, 570 Washington Boulevard, for $170 million.[15]
The Newport 10,000, more popularly known as theNewport 10k, is a 10 kilometer road race (running) in the vicinity of theHudson River Waterfront Walkway.[16] Typically held the second weekend in May, the race tends to attract a strong regional and international field of elite runners. The course isUSATF certified and consists of flat local roads.[17]
