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$1B Redevelopment Set for Construction

HARRISON, NJ-And the Advance Realty project formerly known as Harrison MetroCentre has a new name, the Riverbend District.

By Eric Peterson | Updated on November 07, 2008

HARRISON, NJ-The site has been cleared, contaminated soil removed and replaced, and now the $1-billion redevelopment project formerly known as Harrison MetroCentre is set for above-ground construction. The project of Bedminster, NJ-based Advanced Realty has been renamed the Riverbend District, and the site is directly across the Passaic River from downtown Newark

Advance officials say the new name better reflects what they plan to create on the 135-acre site along a bend in the river. On tap are upwards of three million square feet of mixed uses, built in phases. The name change is also likely an offshoot of the renaming of the Major League Soccer team that will call the 25,000-seat stadium currently under construction as a centerpiece for the redevelopment. The New York Red Bulls were, until a few years ago, known as the MetroStars.

What’s on tap initially is work on site utilities and roadways, expected to be completed by October 2009 when the stadium, now known as Red Bull Arena, is slated to open. The remediation effort included the removal of more than 48,000 cubic yards of contaminated soil, the result of decades of industrial usage of the site.

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