Completed in 2018, it includes the first newly-constructed high rise apartment building to be built in the city in more than fifty years.

[2][3][4][5] NJPAC was originally conceived to have additional real estate component, including two buildings at the site of One Theater Square.

NJPAC and Dranoff Properties of Philadelphia signed a Letter of Intent for the development of a mixed-use luxury residential and retail project in 2008.

[9][10] Eventually, the plan for the site of 1.2 acres (0.49 ha) called for 22 stories with 245 residential units, 24 of which will be affordable housing units marketed as artist residences;[11] 12,000 square feet of street-level retail and cultural uses and structured parking for 285 cars to serve the shared needs of the residential community as well as those of NJPAC's audiences and daytime commercial demand.

[25] The project was conceived as part of a continued effort to increase the resident population in the heart of Downtown Newark.