New Jersey Record
Newark
PendingOther

Lionsgate studios C-PACE financing

Description

A $104 million C-PACE green-financing authorization through the NJ EDA, structured against the building on housing-authority-owned land; no city liability. Needed as an add-starter because the developer closes financing Monday.

Impact summary

Supports the major Lionsgate studio project's financing without city financial exposure.

Applicant

Name
Great Point Newark Studios

At a glance

Hearings
1
Public comments
0
Total mentions
1

Recorded in the meeting · City Council

Approved9–0, unanimous

Last discussed May 5, 2026.

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