Teachers Village officially opened in Newark
October 10, 2013 by Mark
Towards the end of September, New Jersey Governor Chris Christie and Newark Mayor Cory Booker joined together for a ribbon cutting ceremony on a $150m project to be known as Teachers Village. No doubt the state and the city used a variety of printing services to let those in the community and all over the city become aware of this historic undertaking.
When completed, the project will include six buildings; two of which will be charter schools for about 1,000 students and the remainder for retail outlets and residential housing marketed towards Newark teachers and their families.
Construction on the three charter schools was completed over the summer. These schools include SPARK Academy, Discovery Charter School, and Great Oaks. Between them, these schools cover everything from kindergarten to eighth grade.
Over the next few months, about 11 retail outlets are expected to open. Slated for completion in the spring of 2014 are another three buildings with 123 apartments designated for Newark teachers and 30,000 square feet of retail space on the first floor. A sixth building with 10,000 square feet of retail space and another 90 apartments is expected to be finished in 2015.
The construction alone at Teachers Village created between 400 and 500 jobs, according to Booker. When the project is finished, he believes another 400 to 500 permanent jobs will be created. When completed, the project will also bring hundreds of thousands of dollars in revenue to the city, he added.