Part of the Newport community is the Newport Centre Mall, a large traditional indoor shopping complex anchored by Macy's, JCPenney, Kohl's, H&M, Dick's Sporting Goods, and ZARA. 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 a Target store which opened in 2004,[5] and Best Buy.[6]
Housing
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]
Newport's approved master Redevelopment Plan contains an 'as-of-right' entitlement to build 1,200 hotel rooms. A 187-room hotel known as the Courtyard by Marriott Jersey City-Newport opened south of Newport in 2000. A 429-room full-service hotel known as the Westin Newport, Jersey City opened in 2009.[12]
Office buildings
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 as EVA Air[13] to major financial institutions. The neighborhood’s office towers provide more than six million square feet of office space to major employers including JP Morgan Chase, Citigroup, Fidelity Investments, L’Oreal, Forbes, and Tory 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]
Newport 10,000
The Newport 10,000, more popularly known as the Newport 10k, is a 10 kilometer road race (running) in the vicinity of the Hudson 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 is USATF certified and consists of flat local roads.[17]
