NJ Transit, Horizon Pitch 1K-Unit Mixed-Use with HQ in Newark

December 2, 2025 | njbiz.com

NJ Transit and Horizon Blue Cross Blue Shield of New Jersey are presenting a development opportunity that would transform Newark offices owned by the entities into a new mixed-use development featuring 1,000 apartments.

In addition to the residential revamp, plans also include construction of a new, single-tenant Class A office building. That 250,000-square-foot base would serve as Horizon’s new headquarters.

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NJ SEED: A major project proposed by Horizon and NJ Transit is being managed by two respected global real estate services, JLL and CBRE. The proposal appears to be in line with EDA’s Aspire program that will provide hundreds of jobs and revenue needed for NJ Transit. The mixed-use project would be a positive addition to Newark’s revitalization.