Newark University Heights: 1 Washington Park
1 Washington Park, Newark, NJ 07102
New state-of-the-art facility in downtown Newark
The new building has substantially improved the quality of the school’s facilities and classroom technology, while expanding its capacity to meet the rapidly increasing demand for business education and the needs of growing undergraduate and graduate student bodies.
The new building is part of the plan to position Rutgers Business School as one of the premier business schools in the nation.
The building is showcased by a soaring glass pavilion with a Times Square-like news ticker scrolling across the outside that dominates the north end of Washington Park next to the Newark Public Library.
The 15,000 square-foot atrium encompasses a new trading room, three lecture halls and second and third floor student lounges. On top of the two-story entry pavilion is a rooftop sustainable garden. 1 Washington Park houses RBS classes, faculty and staff offices, departments, centers, and even has a police substation for added security.
The new headquarters location promotes the use of mass transit with the Broad Street train station and the Newark Light Rail conveniently located minutes from the building. With these options available, New York City is only a 20-minute train ride away.
3rd floor patio
“It is hard to overstate the critical importance of Rutgers Business School to the future of the University, the great City of Newark, and the State of New Jersey,” said Rutgers President Richard L. McCormick. “With this new home, Rutgers Business School will have new and invaluable opportunities to interact with business leaders, creating new synergies between their expertise and ours.”
RBS is committed to:
- leveraging Rutgers’ global reputation in the sciences and fulfilling corporate demand for science and technology professionals armed with strong management skills
- tying the school integrally to the needs of the business world, through strong corporate partnerships and global programs
- promoting the diversity of the school’s student body as an asset for international workforce innovation
- taking advantage of the school’s location in the New York metropolitan area, a global center of commerce
The facility at 1 Washington Park is the second largest capital investment in Rutgers history. A total of $83 million was committed for the purchase, complete renovation, and expansion of the facility. PSE&G, Prudential and PNC Bank were vital partners in the completion of the state-of-the-art facility.
