540 Broad Street, Newark, NJ 07102
As part of L+M continued investment in Newark, L+M acquired the 440,000 square foot building, and historic home to NJ Bell (subsequently, Verizon) at 540 Broad Street. Built in the 1920’s and a great representative design of architect Ralph Walker, this building, with its grand lobby and distinctive façade, is to be adaptively reused to support 265 mixed-income apartments, offices and ground floor retail spaces. Having acquired the property in May 2016 in a partnership with Prudential Financial, L+M looks to deliver for initial residential occupancy by 2019.
Walker House wins the New Jersey Future 2019 Smart Growth Award.
The art deco tower at 540 Broad Street will feature 265 units, including about 50 affordable residences and over 80,000 SF of office space.Read More
The name of the historic 540 Broad Street building is finally revealed.Read More
L+M’s contribution to the city’s resurgence include development of Hahne & Co., restoration of the former NJ Bell building and renovations to Georgia King Village.Read More
Per Scholas will offer free courses at classrooms located in the historic New Jersey Bell Building at 540 Broad Street.Read More
Designed by famed architect Ralph Thomas Walker and known for its majestic lobby and brick-and-sandstone exterior, the building is being renovated by L+M Development in Newark.Read More
The renovation will bring mixed-income housing and more than 80,000 square feet of Class A office and retail space to the landmark 21-story building.Watch
The 21-story building will include mixed-income housing and more than 80,000 square feet of Class A office and retail space.Read More
Landmarked Ralph Walker-Designed building is Development Team’s latest investment in Downtown Newark’s revitalization.Read More
Citi Community Capital and Goldman Sachs Urban Investment Group Will Provide Construction Financing.Read More
L+M Development will convert 540 Broad St. into a mixed-use tower with office and retail space.Read More