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New Era Dawns on Orange, NJ

    In the heart of Essex County, a transformative project is underway to revitalize the site of the historic Orange Memorial Hospital. Gateway Merchant Banking has unveiled plans for a $350 million redevelopment at 188 South Essex Avenue, promising a vibrant community hub with a mix of affordable housing and preserved historical landmarks.

    Located within the Central Orange Redevelopment Plan Area, the project will feature studios, one-, two- and three-bedroom residences, with up to 20% reserved for affordable housing. Senior and student housing will also be integrated into the complex. The City of Orange Township Planning Board has given its approval for site plans, paving the way for construction to begin later this year.

    At the forefront of the project is a commitment to preserving the hospital's rich history. Two significant buildings – Mary Austen Hall and the Old Boiler House – will be restored and repurposed as part of the redevelopment. Notably, Mary Austen Hall, once home to Orange Memorial's pioneering nursing school, will become the new City Hall.

    "We're not just building apartments; we're creating a community," said Terrence Murray, co-founder and managing partner at Gateway. "Our goal is to bring people together with public spaces that foster connection and belonging."

    The redevelopment will boast an impressive array of amenities, including:

    * Over 1.5 acres of public space featuring an outdoor ice skating/roller skating rink

    * A public plaza with lawn seating and swinging benches

    * Terraced platform seating and a restaurant with outdoor dining

    * Children's play areas and more

    Residents will enjoy private perks like a rooftop pool, sky lounge, fitness rooms, flexible event spaces, secure package rooms, and ample parking – including 200 electric vehicle charging stations.

    The project also includes 70,190 square feet of retail and commercial space, as well as 25,000 square feet earmarked for municipal office space. The City of Orange will occupy the latter, while Gateway plans to lease the remaining space to local businesses.

    Mayor Dwayne Warren hailed the project as a "win" for the community, acknowledging its potential to revitalize the area and honor the hospital's legacy. Community members are invited to attend town hall meetings on February 19th and March 6th to learn more about the project.