NJ Transit and Horizon Blue Cross Blue Shield of New Jersey are looking to redevelop their headquarters' complex in Newark into a mixed-used project that would include up to 1,000 residential units and build a new 250,000-square-foot corporate base for the healthcare insurer.
NJ Transit, Horizon Blue Cross redevelopment plan calls for new HQ for insurer in Newark
Companies’ existing office complex would become housing, retail space in New Jersey
By Linda Moss
CoStar NewsDecember 2, 2025 | 11:48 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Gateway 2
2 Gateway Ctr, Newark, NJ
- 1 & 2 Penn Plaza East
1 Penn Plz, Newark, NJ
- Horizon Blue Cross Blue Shield
3 Penn Plz, Newark, NJ
- Companies
- New Jersey Transit
Transportation and Warehousing
- CBRE
Real Estate
- JLL
Real Estate
- New Jersey Economic Development Authority
Public Administration
- Contacts
- Gil Medina
Executive Vice President, CBRE