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Newark Makerhoods-an Affordable Live/Work Community

Newark, NJ (2020)

The Makerhood Campus is a combination of historic renovation and new construction meant to encourage and support entrepreneurial endeavors and micromanufacturing enterprises.

COMMUNITY IMPACT
  • 56 FTE jobs
  • 111 construction jobs
FINANCING SOURCES
  • NMTC amount: $10,500,000
  • Total Project Costs: $29,648,022
  • CDE:
PROJECT LOCATION

601 Dr. Martin Luther King Jr. Boulevard

Newark, NJ 7102

Project Description

The Makerhood Campus is a combination of historic renovation and new construction meant to encourage and support entrepreneurial endeavors and micromanufacturing enterprises. The Campus will include live/work facilities for 16 commerical tenants, business support services, and community programming. Business programs for entrepreneurs will include workshops, seminars, one-on-one advising, and meetups to cover topics like financial planning, marketing, sales, access to capital, management skills, and more.