Type Office Management Grubb and Ellis Height 74 m Floors 19 Architectural style Brutalist architecture | Completed 1966 Roof 243 ft (74 m) Opened 1966 Floor space 28,986 m² | |
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Location 550 Broad StreetNewark, New Jersey Owner Dr. Peter's GroupHeritage Capital Group Similar The Next Page Cafe, Newark Broad Street Sta, National Newark Building, Military Park, Newark Legal Center | ||
550 Broad Street is an office building in Newark, New Jersey situated downtown between the Newark Light Rail stations at Washington Park and Atlantic Street.
Map of 550 Broad Street, Newark, NJ 07102, USA
The Brutalist style building was built in 1966 during the New Newark era by the Mutual Benefit Life Insurance Company and the George A. Fuller Company and was once known as the Fidelity Union Building, after the company which occupied it. In 2000, the Heritage Capital Group purchased the tower and implemented a multimillion-dollar renovation-modernization in 2001, winning the state's Building of the Year award. While Heritage sold 80% interest in 550 Broad Street in 2005, it retains 20 percent ownership and acts as executive operating partner and on-site manager. The company also renovated nearby 570 Broad Street. As of 2012 the major tenant for the building is IDT, which is owner of the nearby Mutual Benefit Life Building.