One Washington Park | |
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One Washington Park's RBS entrance atrium features a digital ticker tape facing Broad Street
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General information | |
Type | Office/Commercial |
Location | Newark |
Completed | 1983 |
Opening | 2005 |
Renovated | 2005 |
Owner | Rutgers University & Fidelco Group |
Management | Washington Park Fidelco LLC |
Height | |
Roof | 110 m (360 ft) |
Top floor | 17 |
Technical details | |
Floor count | 17 |
Floor area | 410,248 sq ft (38,113.3 m2) |
References | |
One Washington Park is a high rise office building located on Washington Park at 1 Washington Street in Newark, New Jersey. Among the tallest buildings in the city, it is best known as the home of Rutgers Business School and Amazon's Audible.com.
One Washington Park was originally built by Verizon to serve as the local network operations center in 1983. Marc E. Berson's Fidelco Group purchased the building for $26.5 million in 2004 and renovated the building to class A office space that became available to for move-in in 2005. Rutgers University purchased the first 11 floors of the building from Fidelco for $31.5 million in 2006 and invested $51.5 million in renovating them before opening the new business school facility in 2009.
In July 2015, Newark Venture Partners, a venture fund aimed to raise $50 million to invest in a select group of start-up tech companies, all of which will be housed in a so-called "accelerator", in a joint effort with Audible, which would provide mentorship, and Rutgers, which would provide space.
Floor 1
Floors 2-11
Floor 12
Floor 13
Floors 14-17
One Washington Park is located at the northern end of Downtown Newark, across from Bears & Eagles Riverfront Stadium nearby the James Street Commons Historic District and the city's cultural district which includes the Newark Museum, Newark Public Library, and New Jersey Performing Arts Center. It is near highways and public transportation, notably Interstate 280 and Newark Broad Street Station, where there is service on New Jersey Transit Morris and Essex and Montclair-Boonton Lines (including non-stop Midtown Direct service to New York Penn Station) and Newark Light Rail service to Newark Penn Station. The Washington Park light rail station is also nearby.