Martini 494 NewarkThe Washington Park/North Broad Street real estate district has added an upscale eatery to its market amenities.

Martini 494 Bistro, a New American restaurant and bar, has opened in the ground floor retail space at 494 Broad Street, offering the first true restaurant option to the north end neighborhood of downtown Newark. The opening of Martini’s parallels the trend of suburban businesses relocating to Newark; the new restaurant’s sibling is Martini Bistro & Bar in Millburn. Ted Stampoulos, managing partner of both locations, recognized a demand for an elevated dining experience when he decided to create a Newark version of Martini’s.

“Converging trends quickly moved Martini’s in Newark from the concept stage to reality. For one, there are now more people on the north end of downtown. Rutgers Business School has been open for one year. More companies are moving in because a city location better suits their needs than suburban office parks. And people have become much more sophisticated about what they eat and drink. Those factors increased demand for an elevated dining and bar experience in this neighborhood,” said Stampoulos.

To reflect Martini 494’s commitment to green practices, elements from Newark’s past have been integrated into the design of the restaurant’s interior space. Martini 494 features a bar and communal table constructed from yellow and white pine collected from demolition sites throughout the city, such as 191 Market Street, 35 Edison Place and 17-19 Crawford Street. In addition, the restaurant’s sustainable amenities include ENERGY STAR certified appliances and kitchen equipment, and recycled glass bottles and jars for condiments and water.

“Just a few blocks away from the Rutgers Newark campus, the Washington Park/North Broad Street District has long offered high-end office space, cultural assets in the Newark Museum and Newark Public Library, entertainment at Bears & Eagles Stadium, and easy accessibility next to the light rail, the Broad Street Station transportation hub and Routes 21 and 280. But the neighborhood has been in need of restaurant offerings beyond the casual lunch diner. With Martini’s, the area has taken another step to put it on par with any business district in the city,” said Marc Berson, chairman of Fidelco Realty Group, owner and developer of 494 Broad Street and One Washington Park.

The 125-seat, 4,000 square-foot Martini 494 caters to every diner’s need, featuring a full service bar, lounge area and dining room in addition to a café area for takeout and delivery service. The bar list features a wide array of martinis, specialty drinks and cocktails, and 12 varieties of beer on tap. Menu offerings include everything from bar fare, such as sandwiches, burgers, fries and fresh pizza, to higher end cuisine such as seafood, steaks and chops, and a variety of healthy options. In addition, Martini 494 will serve breakfast and coffee Monday through Friday geared towards Newark’s downtown professionals.

Martini 494 Bistro opens in the ground floor of 494 Broad Street, a building that is fully leased and anchored by the Genova, Burns & Giantomasi law firm that vacated its Livingston headquarters for Newark in 2008. 494 Broad Street is located across the street from the One Washington Park office tower. Both properties are owned and managed by The Fidelco Realty Group.

Martini 494 is open Monday through Friday from 7:00 am to 9:00 pm. In addition to dining in, delivery and takeout, Martini 494 is available for private events and catering.