Starwood Hotels & Resorts Worldwide, Inc., announced Thursday the completion of the Element Harrison – Newark, the brand's second hotel in New Jersey.
The hotel, located in Harrison, is owned by Harrison Hotel 1, a joint venture of Ironstate Holdings, LLC, and The Pegasus Group, and will be managed by Crescent Hotels & Resorts, Starwood said in a news release.
“The opening today of Element Harrison – Newark is a landmark moment, as it helps advance Harrison’s growth as a stand-alone, well-balanced urban destination that’s also a great launching point for excursions to Manhattan and other New Jersey Gold Coast locations,” Michael Barry, president of Ironstate Holdings, LLC, said in the release. “Starwood’s forward-thinking Element concept is a great complement to our broader vision for Harrison and reflects the national interest and significant financial investment the area continues to garner.”
The hotel was developed as part of the venture’s larger, mixed-use development project that will eventually include 2,600 luxury residences and 80,000 square feet of street-level retail space.
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