In 2018, Shaquille O’Neal, a former basketball superstar collaborated with Boraie Development LLC to establish a skyline that would leave a significant mark in Newark, O’Neal’s hometown.
In line with the announcement, Shaquille O’Neal disclosed that the 22-story building, branded as ‘Shaq Towers’ will have 168 residential units, and its construction would cost over $79 million.
The luxury skyline is a joint project between Goldman Sachs, O’Neal, Boraie Development, and the state of New Jersey. Furthermore, O’Neal publicized that he was looking to develop another 350-unit apartment in New Jersey.
Shaquille O’Neal’s project will be managed by Boraie Development, a prominent real estate firm which operates in the New Jersey and other parts of the United States. The real estate firm has developed and managed multiple residential, commercial, and retail apartments in New Jersey.
For instance, the prominent real estate firm manages The Aspire, an iconic apartment located in New Brunswick. The apartment building has over 200 fully-furnished spacious studios, one bedroom, and two bedroom layouts.
Into the bargain, the luxury residential apartment has a state of the art gym, a rooftop garden, a BBQ space, and a residents club. It is strategically located near a railway station, a hospital, and a trading centre.