Gateway Merchant Banking plans a $350 million redevelopment of the historic Orange Memorial Hospital site in Orange, New Jersey. The ambitious project will transform the vacant property into a mixed-use development, featuring 1,005 rental apartments, with 20% designated as affordable housing. The plan also includes a significant retail and commercial component, encompassing 70,190 square feet, designed to revitalize the area and provide new amenities for residents.
A key aspect of the redevelopment focuses on preserving the site’s history. Mary Austen Hall, a portion of the original hospital, will be repurposed to serve as Orange’s new City Hall, integrating the city’s past with its future. Additionally, the development will create over an acre and a half of public space, offering residents and visitors recreational areas. This project aims to bring new life to the long-dormant site, creating a vibrant, mixed-income community.
