Shaquille O’Neal is well known to be involved in his community, especially his hometown of Newark, New Jersey. Although O’Neal left the town in high school to further his basketball career in Texas, this has always been his hometown and he continually maintains a presence here. According to NJ.com the legendary basketball player will return to his native city to be a co-host for a specially designed 3 on 3 basketball tournament to be played in front of City Hall. The tournament, Believe in Newark, will be co-hosted by current Mayor Ras Baraka and will feature both girls and boys teams from high schools across the city. Registration for entry has already been held, as have the preliminary games, all of which were played at the JFK Recreation Center.
This is not the first time O’Neal has actively been involved in the city; in 2012 he was a big part of opening the Cityplex Movie Theatre, where he partnered with Boraie Development Fund. This project was estimated to cost around $7 and $10 million. Within a year the partnership was at it again, for the first time in 50 years the city began development on its first high rise apartment buildings.
Boraie Development LLC has a long and proven track record in helping Urban Communities in New Jersey, it is an area they have been working in for over 3 decades. The organization aims to invest in urban communities, these investments will add value to the community and its people. A Wide array of properties fall into this strategy, Boraie development takes on projects involving Commercial Property, Residential Property and Retail establishments to name a few.
More recently Boraie Development has been focusing its attention on Newark’s downtown areas, this is where the organization has been partnering most with Shaquille O’Neal. They have been attempting to develop a large portion of the commercial and residential real estate. The company can also count in its survives a successful property management service, which includes leasing, maintenance and accounting. Boaraie Development has been playing a huge role in the regentrifying of Cities all over New Jersey, with O’Neal specifically playing a role with them in the City of Newark. It is fantastic to see people and organizations giving back so much to their communities, it has huge benefits to the people living there.