One Washington Park
| 1 Washington Park | |
|---|---|
 One Washington Park features a digital ticker tape facing Broad Street | |
 | |
| General information | |
| Type | office/commercial |
| Location | Newark |
| Completed | 1983 |
| Opening | 2005 |
| Renovated | 2005 |
| Owner | Rutgers University & Fidelco Group |
| Management | Washington Park Fidelco LLC |
| Height | |
| Roof | 110 m (360 ft) |
| Top floor | 17 |
| Technical details | |
| Floor count | 17 |
| Floor area | 410,248 sq ft (38,113.3 m2) |
| References | |
| [1] | |
1 Washington Park is a high rise office building located on Washington Park at 1 Washington Street in Newark, New Jersey. Among the tallest buildings in the city it is best known as the home of Rutgers Business School and Amazon's Audible.com.
History
1 Washington Park was originally built by Verizon to serve as the local network operations center in 1983.[2] Marc E. Berson's Fidelco Group purchased the building for $26.5 Million in 2004 [3] and renovated the building to class A office space that became available to for move-in in 2005. Rutgers University purchased the first 11 floors of the building from Fidelco for $31.5 Million in 2006 and invested $51.5 Million in renovating the first 11 floors before opening the new business school facility in 2009.[4]
Tenants
Floor 1
- Rutgers Business School
- Washington Park Fidelco LLC
- Aramark (One Park Bistro)
Floors 2-11
- Rutgers Business School
Floor 12
- SEIU New Jersey State Council
Floor 13
- Vacant
Floor 14
- NFL Alumni Association
- HealthFirst NJ
Floors 15-17
Amenities
- Health Club
- Cafeteria (One Park Bistro)
- Banking
- Conference Center
- On Site Parking
Vicinity
1 Washington Park is located at the northern end of Downtown Newark, across from Bears & Eagles Riverfront Stadium and blocks from the city's cultural district which includes the Newark Museum, Newark Public Library, and New Jersey Performing Arts Center. It is near highways and public transportation, notably Interstate 280 and Newark Broad Street Station, where there is service on New Jersey Transit Morris and Essex and Montclair-Boonton Lines (including Midtown Direct service to New York Penn Station) and Newark Light Rail service to Newark Penn Station. The Washington Park light rail station is also nearby.
Rutgers Business School
1 Washington Park is home to Rutgers' full-time and Executive MBA programs, MQF program, and the Newark undergraduate program.[5] The flex time MBA as well as the New Brunswick undergraduate programs are located on Rutgers' Livingston Campus in New Brunswick, New Jersey. RBS facilities in 1 Washington Park include classrooms, lecture halls, conference rooms, student and faculty lounges, offices, and a University Police substation. The new 3 story RBS entrance atrium features lecture halls, a trading floor, student lounge and study spaces, a rooftop garden, and the Bove Auditorium. In 2011, it was annonced the Rutgers-Newark campus wold further expand around Washington Park, converting the former American Insurance Company Building on graduate student housing.[6][7]
Audible.com
Audible's offices features a contemporary open office layout that fosters collaboration and cooperation, an entrance that displays audiobook titles and plays clips of recorded books, an original Amazon door table signed by Jeff Bezos, custom-built furniture in Audible's corporate colors, conference rooms named after notable people and places in Newark's history that can be reserved using a touch pad interface located outside each conference room door, an open staircase that wraps around the Walters-Storyk-designed recording studios used to produce audiobooks, and their own combination cafeteria, lounge, and auditorium space with kitchen.[8]
See also
References
- ^ "1 Washington Street - 1 Washington Park, Newark, NJ". CoStar Realty Information, Inc.
- ^ "1Washington Park, History". Retrieved 2012-11-04.
- ^ "Square Feet: The Revival Talk Just Won't Die". Retrieved 2012-11-04.
- ^ "Rutgers Business School in Newark to relocate to 1 Washington Park". Retrieved 2012-11-04.
- ^ http://www.business.rutgers.edu/about-rbs/new-buildings/1wp
- ^ "Neo-Classical Rutgers Building Will Become Graduate Student Housing". Studenthousingbusiness.com. 2012-02-20. Retrieved 2012-03-28.
- ^ Corbett, Nic (February 15, 2012), "Rutgers to move forward with $71M Newark high-rise renovation", The Star-Ledger, retrieved 2012-03-27
- ^ "'Cubes' Takes a Behind-the-Scenes Tour of Audible - 10,000 Words". Retrieved 2012-11-04.
40°44′42″N 74°10′14″W / 40.74500°N 74.17056°W