Theatre Square Development Company, LLC
NJPAC and Dranoff Properties, Inc. of Philadelphia have signed a Letter of Intent for the development of One Theater Square, a mixed-use residential and retail project. The new 1.2 acre, 21-story, mixed-use residential building will be built adjacent to NJPAC. It is envisioned to have 244 residential units, as well as a swimming pool, health club, street-level retail and ample parking to serve the shared needs of the residential community as well as those of NJPAC’s audiences and daytime commercial demand.
In 2011, the Theater Square Development Company was created to focus specifically on the Arts Center’s development projects. NJPAC Founding CEO Lawrence P. Goldman headed up this effort, which is now led by NJPAC President and CEO, John Schreiber.
John Schreiber, NJPAC President and CEO, to Lead Theater Square Development Company: Lawrence P. Goldman Named Distinguished Practitioner in Residence at Rutgers School of Public Affairs and Administration
NJPAC announces leadership changes at Theater Square Development Company as NJEDA approves $33 million in Tax Credits for One Theater Square project