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Newark to Get First CBD Hotel in Decades

NEWARK-The 150-key Courtyard by Marriott at the Prudential Center is set for a summer 2012 opening. Some 250 jobs will be created.

By Debra Hazel | Updated on March 31, 2011

NEWARK-The first new hotel to be built in Downtown Newark in nearly 40 years broke ground yesterday at the northeast corner of Broad and Lafayette Streets, adjacent to the Prudential Center. The 150-key Courtyard by Marriott at the Prudential Center will include 14,000-square-foot of retail space, according to Tucker Development Corp., a developer of shopping center and mixed-use spaces throughout the Midwest and Mid-Atlantic. The development is expected to be completed and open by summer 2012.

“Today is a significant achievement for the City of Newark,” Tucker president and CEO Richard Tucker said at the event. “Investing in downtown Newark provides a tremendous opportunity for developers to contribute to the vitality of this great city, and we expect strong interest from retailers.”

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