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Hampshire Cos. to Redevelop Former Arena Diner Site as Its First Opportunity Zone

Site Is Near Hackensack University Medical Center
The Arena Diner in Hackensack, New Jersey, closed earlier this month. The site is in an Opportunity Zone, and has been sold. Photo: CoStar
The Arena Diner in Hackensack, New Jersey, closed earlier this month. The site is in an Opportunity Zone, and has been sold. Photo: CoStar
CoStar News
December 27, 2018 | 10:44 P.M.

Hampshire Cos. purchased the site of the closed Arena Diner in Hackensack, New Jersey, for $1.4 million, and plans to redevelop it to kick off its investment in the federal Opportunity Zone tax incentive program.

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