| The Halo (Tower 1) | |
| Location: | 289 Washington Street, Newark, New Jersey |
| Coordinates: | 40.735°N -74.1763°W |
| Status: | Topped off |
| Start Date: | 2022 |
| Completion Date: | 2024 (projected) |
| Building Type: | Residential |
| Roof: | 454feet |
| Floor Count: | 42 |
| Architect: | Murat Mutlu INOA Architecture |
| Main Contractor: | Hudson Meridian |
| Developer: | Acier Holdings |
| Cost: | $90 million |
| Website: | https://halonewark.com/ |
The Halo is a three-tower residential skyscraper complex under construction in Newark, New Jersey, which will include some of tallest buildings in the city. It is located on Washington Street west of Four Corners in Downtown Newark, situated between Teacher's Village and the Essex County Government Complex. The project was designed by INOA Architecture, which has also conceived other projects in Newark. The first of the three towers was topped off in 2024, becoming the 2nd tallest building in the city. As of June 2024, construction had stopped.[1]
The 0.621acres site at 289-301 Washington Street was last used as a surface parking lot. It was purchased by the Acier Holdings in 2017 for between $10-$11 million.[2] Plans for construction of the Halo were announced as early as 2018.[3] The project, after having switched architects and undergone a series of concept and design changes, was approved by the city's planning board in March 2021.[4] [5] The city also approved a payment in lieu of taxes (PILOT) tax abatement for a period of thirty years in July 2023.[6] The managing contractor is Hudson Meridian.[7]
The complex was designed by INOA Architecture, founded by Murat Mutlu in 2010. The towers will be built atop a six-level parking podium. Rising to various heights between 4540NaN0 and 6190NaN0, they will be topped with angled crowns with parapets sloping in opposite directions. Clad in reflective glass, the towers will have asymmetric bifurcated massing with a series of ornamental voids, or cutouts, in the exterior curtain wall, cascading to outdoor terraces. Each will have variety of amenities such as gyms, event spaces, libraries, "sky lounges", and eventually in one building, a rooftop swimming pool. The complex will have has approximately 950 apartments, 20% of which will be affordable as prescribed by the city’s inclusionary zoning ordinance.
INOA is the architect of record for other residential projects in Newark: 50 Sussex Avenue in University Heights;[8] Newark Summit Tower, a 5310NaN0 46-story high-rise within the Four Corners Historic District;[9] and Arc Tower, a 45-story 5200NaN0 high-rise between Military Park and Harriet Tubman Square.[10] [11] [12] [13]
Acier Holdings, the project developer, announced the receipt a $90 million construction loan from Parkview Financial to build the first of the two phase project in January 2022.[14] [15] [16]
Groundbreaking took place in Spring 2022.[17] [18] The building was topped off in February 2024.[19] At forty-two stories, with a height of 454feet, it is the second tallest building and tallest residential building in Newark. The tower would have 303 apartments.
As of June 2024, construction has stopped on the tower.[20]
The second phase of the project will contain two other buildings built on the extended six-story podium: a tower of 58-stories at 6190NaN0 and a tower of 57-stories at 5870NaN0.[21]