New Jersey Record
Newark
ApprovedOther

Virginia Street Fidelco Sale and Redevelopment

Description

The city sold property to Virginia Street Fidelco for $13.81 million, less remediation and demolition credits, under an amended redevelopment agreement.

Impact summary

A major city land sale advancing redevelopment of the Virginia Street site.

Applicant

Name
Virginia Street Fidelco, LLC
Address
Block 3773, Lots 15, 41, 43 and 53, Newark, NJ

At a glance

Hearings
1
Public comments
0
Total mentions
1

Last vote · City Council

Approved9–0, unanimous

Discussed at 1 meeting in the last 60 days; most recently Sep 9, 2026.

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