Shaq’s development group to build Newark condos

August 8, 2008

“Shaq’s development group to build Newark condos”:http://www.nj.com/news/index.ssf/2008/08/shaquille_oneals_development_g.html

The tower is planned to land at the site of the former Science High School, north of NJPAC. It’s unclear from the article when the building is planned or when we’ll see cranes in the air, but if a contract has been penned, that means money has begun to change hands. Very exciting times for Newarkers, indeed.

A development group, with pro basketball superstar Shaquille O’Neal at center, has entered into a contract to construct a 25-story condominium tower in a rebounding downtown Newark.

The $90 million project would become the city’s third-highest building, and the first ground-up condominium project in Newark in more than four decades.

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