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Council hears proposals for two housing projects: Kawa Towers reimagining and Christy Riverfront resolution of need

Newark City Council · March 17, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Deputy mayor and economic development staff presented two added starters: a $26M re-imagine Kawa Towers project proposing 32 units (20 rentals, 12 condos) with 100% affordability across 30%–80% AMI and a five-story, 56-unit Christy Riverfront project with 10 units at 50% AMI; both developers are pursuing near-term funding deadlines.

Council reviewed two added starters tied to redevelopment and financing deadlines.

Re‑imagine Kawa Towers (Holly and Central): Allison Lad, director of economic and housing development, said a new development team is proposing a roughly $26 million redevelopment to replace the previously terminated agreement. The plan would deliver 32 units — 20 rental units and 12 condominiums — with the presentation stressing a 100%…

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