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Newport Tower (Jersey City)

Skyscraper in Jersey City, New Jersey


Skyscraper in Jersey City, New Jersey

FieldValue
nameNewport Tower
imageNewportTower.jpg
image_size200px
captionThe Newport Tower.
coordinates
statusComplete
opening1991
floor_count37
elevator_count22
floor_area98566 m2
structural_engineerCantor Seinuk Group
main_contractorHuber Hunt & Nichols
ownerMulti-Employer Property Trust
references
highest_regionNew Jersey
highest_start1991
highest_end1992
height531 ft (162m)
highest_next101 Hudson Street
highest_prevExchange Place Center

The Newport Tower (also known as 525 Washington Boulevard) is an office building in the Newport area of Jersey City, New Jersey. It was briefly the tallest building in New Jersey upon its completion. It has 37 floors, is 531 ft (162 m) tall, and is connected to the Newport Centre Mall. The mall is one of the few enclosed, regional shopping facilities in Hudson County. The building was developed by Melvin Simon & Associates in 1990. The Newport Tower is next to the Hudson River and is almost exactly across the river from the World Financial Center in Manhattan.

The tower received a facelift in the summer of 2005; wooden panels were installed on the lobby walls, and LCD advertisement screens added to the elevators. The colonnade in front of the building was removed in July 2008. A new elevator management system, Schindler ID, was installed in the building in September 2009.

On October 19, 2011, Multi-Employer Property Trust purchased the Newport Tower from Brookfield Properties for $377.5 million. Brookfield Properties took ownership of the Newport Tower in June 2006 after the $4.8 billion acquisition of Trizec Properties.

References

References

  1. "Emporis building ID 121652". [[Emporis]].
  2. {{SkyscraperPage. 4493
  3. {{Structurae. 20021899
  4. (October 19, 2011). "Brookfield Office Properties Sells Newport Tower in Jersey City, NJ For Record Price". Brookfield Office Properties.
  5. (October 21, 2011). "Newport Tower in Jersey City sells for $377.5 million, biggest office property sale in state history says seller Brookfield Office Properties". The Star-Ledger.
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