Matrix Development Group

Newark's 12-Month Moratorium on Data Center Proposals Comes as One Power Substation Goes Online with Another in the Pipeline

Newark imposed a 12-month moratorium on new data center proposals as the city considers the infrastructure and power demands of development. Paramount Assets brought a 14-megawatt substation online at 375 McCarter Highway, while Matrix Development Group is proposing the RiverPark Tech Connection project.