Newark’s South Ward will see new affordable housing soon, as the construction of two three-family homes is set to begin on what were city-owned vacant lots.
With shovels in hand, Newark Mayor Ras Baraka, South Ward Council Member John Sharpe James, and Ascension Capital Partners‘ Siree Morris and Ryan Curran – who purchased the land from the city in 2017 – broke ground in the city’s South Ward Tuesday at 400-402 Avon Ave. where buildings will be constructed. Also part of the project is 404 Avon Ave.
Planned to be called The Lofts at Avon, the two structures will offer residents three-bedroom units with two bathrooms each, stainless steel appliances, and a rooftop deck.
“Affordable housing is a central issue and primary focus of my administration,” said Baraka. “Our groundbreaking measures like the Affordable Housing Ordinance and projects like this one are making the American dream of home ownership a reality for many Newark residents. One of the major developers in this project, Siree Morris, himself represents the American dream in action. He is a Newark native who excelled in sports and school, and has now returned to his birthplace to give back and pay it forward, to help us create a more equitable, collaborative, and empowered Newark.”
“This is a very important milestone in my career. It is important for me to be an example for my community. I want us to act on the endless opportunities and influence that real estate affords. The only way to preserve our community is to own it,” said Morris.
Ascension Capital Partners, owned by Morris and Curran, focuses on urban revitalization by providing quality housing and enhancing the value of each asset. The partners’ next housing development will be The Michael, on Morris’s childhood block on Astor Street. The development’s name honors Morris’s late brother Michael Morris. He is also developing the city’s first multi-family shipping container home.