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March 2, 2009

A look at a rescued and revived Ward Bakery (in New Jersey)

Atlantic Yards Report

The Ward Bakery turned into affordable housing — Norman Oder takes a look at what could have been a real win-win for Brooklyn:

BakeryVillage.jpg

Given the recent demise of the Ward Bakery in Prospect Heights, demolished by developer Forest City Ratner and with a few fragments turned into art, let's look at the renovation of another Ward Bakery (right), which straddles the border of Newark and East Orange, NJ.

Located in a depressed neighborhood, the building, now known as Bakery Village, was renovated into affordable housing that opened in 1999.

When I wrote about the project, in March 2007, I cited an Urban Land Institute report that said, “The building, however, required massive, expensive structural improvements and environmental cleanup.”

Well, "massive" and "expensive" is in the eye of the beholder. A look back at the news coverage suggests that, while it may have seemed costly in the 1990s, it was far less expensive than the sums suggested by the Empire State Development Corporation to renovate the building in Prospect Heights.

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Posted by lumi at March 2, 2009 4:15 AM