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✅ Completed On Time & Under Budget: The Ballantine Brings 280 Units to Newark

We’re proud to announce the completion of The Ballantine, a six-story, 280-unit residential development located at 80 Freeman Street in the heart of Newark’s Ironbound district.

“Thanks to the March Construction Team, the project was actually on time and under budget—something I’ve never been able to say before.”— Larry Davis, CEO of Shorewood Real Estate Group

Developed by Shorewood Real Estate Group in partnership with Bridge Investment Group, and built by March Construction, this project transforms the historic site of the former Ballantine Brewery into a modern apartment community designed for today’s residents—without losing sight of its legacy.

Where Newark’s Past Meets Its Future

Once home to one of America’s most iconic breweries, the site has been reimagined as a vibrant, mixed-use apartment complex. Inside, The Ballantine offers studio to three-bedroom layouts, high-end finishes, and a full suite of amenities designed to elevate daily living.

Outside, residents are steps away from local shops, restaurants, the Brooks Arts Center, and the Bound Brook train station—plus convenient access to I-78, I-287, and Route 22.

Key Features of The Ballantine:

  • 280 modern apartments

  • Rooftop courtyard with skyline views

  • Fitness center, yoga studio, game room with multisport simulator

  • Co-working spaces

  • 125-space underground parking garage

  • 2,600+ square feet of retail space

A Historic Touch

Throughout the building, artwork and architectural elements celebrate the legacy of the Ballantine Brewery. Through a partnership with Pabst Blue Ribbon, the iconic Ballantine name lives on—connecting residents to a piece of Newark’s industrial past.

Built for Impact

This $88 million development was not just about building housing—it was about investing in Newark’s future. Located within the city’s East Ward, the project aligns with local goals for equitable development, blending market-rate and affordable units while inspiring confidence in further neighborhood investment.

With Phase Two already in planning—including an additional 400 apartments and a 50,000-square-foot grocery store—The Ballantine is poised to serve as a catalyst for continued growth in the Ironbound.

The Ballantine is now leasing! Click here to see project progress from the ground-up in our portfolio.

Scroll down to see all photos of the interior and exterior!

Photos & videos by Briana Samman. Drone footage & aerial shots by Firstlook.

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