A ribbon-cutting was held on Nov. 30 at 178 Spring Street in Newton where owner John Kweselait announced plans for the 134 Spring Street building which was formerly the Bula restaurant almost a decade ago.
The plan of this location is to completely remake the building into a five-story building, including a basement.
Kweselait presented sketches of the plans, which included the street-level to consist of a sports bar and possible pool tables and a gym in the basement. The remainder four floors will be 36-40 market value apartments ranging from studio size to two-bedrooms.
According to the NJ Herald, Kweselait hopes to "attract those in the 20-45 age group who will soon be coming to Newton as Thorlabs, just a few blocks away, expands its operations."
The Bula is the fourth building Kweselait has purchased and along with 178 Spring Street, he owns 81 Main Street which are modern apartments that he also created, and 60 Water Street.
In addition, he owns Custom Wood Furniture which is where he creates interiors for apartments and office buildings, located in an old mill building on Clinton Street.
It is expected that the new building, 134 Spring Street, will be a $5 million investment. Pending Board approvals, he hopes to begin the plan this spring.
For more on the story and interview with John Kweselait, visit the NJ Herald here.