New Jersey P3 partners break ground on riverfront project

A 4-acre expansion of Riverfront Park along the Passaic River is under construction due to a public-private partnership (P3/PP) between the City of Newark, The Trust for Public Land, The Horizon Foundation for New Jersey and the New Jersey Department of Environmental Protection. The P3 is funding $6 million for park construction and amenities. After the initial 4-acre expansion, plans call for an expansion to nearly 40-acres. “In addition to providing a great outdoor space for city residents and downtown workers to enjoy Newark’s riverfront, our partnership is helping to create a healthier community,” said Anthony Cucchi, New Jersey state director for The Trust for Public Land.