NEWARK, NJ—Lotus Equity Group plans to develop the United States' largest mass timber office building as part of Riverfront Square, Newark's most ambitious redevelopment project. Designed by visionary architecture firm Michael Green Architecture, the first commercial building in the project will encompass up to 500,000 square feet of class-A office space designed to enhance tenant wellness and environmental sustainability.

“To build the nation's largest timber building in Newark speaks to the confidence and belief we have in the city and Riverfront Square as a world-class location that can compete with any great city around the world,” says Ben Korman, chief executive officer and founder of Lotus Equity Group. “The vision we share with Michael Green is to design the most environmentally sustainable office tower that enhances the health of tenants and the surrounding communities through efficient planning and green design. When you merge these benefits with Newark's emerging technology sector, Riverfront Square is primed to help companies attract and retain valuable talent.”

Riverfront Square will transform one of the downtown area's most important sites into a thriving 24/7 community. The 11.8-acre site adjacent to the waterfront, is just steps from NJ Transit's Broad Street station – accessible to Midtown Manhattan in 18 minutes – and complements the future Riverfront Park designed by James Corner Field Operations. Riverfront Square is Newark's most ambitious mixed-use project and is expected to provide up to 2,000 residential units, large and small-scale retail, cultural and public open space, a hotel, 2 million square feet of office space, and parking spaces in the heart of downtown.