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June 3, 2025

Newark charts growth at State of the City

Mayor Hannon reports strong finances and new civic developments

On May 23, Newark residents gathered with city officials for the 2025 State of the City Address, an event that blended civic updates with community celebration. The evening featured food trucks, live entertainment and a speech by Mayor Michael Hannon highlighting Newark’s accomplishments and vision for the future.

“I’m incredibly proud to witness the continued growth and success of our city,” Hannon said in his opening remarks.

The mayor reported a strong financial outlook, noting that Newark ended last fiscal year with a $1.75 million surplus and is projecting another for this year. While many cities are struggling with deficits, Newark maintains an AA+ credit rating, which Hannon credited to the city’s conservative financial management.

He also announced that the city’s new civic center was completed under budget, freeing up funds to replace two aging fire stations on Cherry Street and Ruschin Drive. Additional funds may go toward building a cultural arts facility to replace the existing community center, with community input to guide future projects.

Housing remains a key priority. Several developments are underway, including the Timber Senior Affordable Housing project, set to open later this year, and FMC Willow and Grand Park, a large mixed-use development featuring 279 townhomes, 90 affordable units, retail space and a planned commuter rail station. Other projects in progress include Lepashki Homes, Thornton Avenue Apartments, Marabel, Cedar Townhomes and a 97-bed assisted living facility.

Hannon also highlighted the city’s first-ever resource center, which will help connect residents with social services. Located in the former Head Start building, the $2 million center is funded by a combination of federal, state and local sources.

In his closing remarks, Mayor Hannon reflected on his motivation for serving the city. 

“Newark is a diverse community, and we want to ensure all feel welcome,” he said.

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