Cover Story

LCOR, NJ Transit seek to reopen historic ferry building as part of high-profile Hoboken project

Development firm LCOR is seeking to revitalize the long-dormant, two-story ferry terminal in Hoboken — envisioning uses such as event space, market-style retail and other concepts — in what could be the centerpiece of a plan to transform the city’s historic transit hub.

Residential & Mixed Use

Camden leaders focused on new housing, population growth after years of large corporate projects

After years of high-profile public and corporate development projects, Camden city officials say new housing is key to convincing the thousands of employees who now come to work in the city each day to also live there.

Residential & Mixed Use

Historic buildings, untapped downtowns driving growth of Prism residential platform

Prism Capital Partners has delivered nearly 1,000 multifamily units in recent years, with a niche in high-profile adaptive reuse projects and a growing pipeline of new ground-up construction.

Government & Public Policy

Industrial builders flock to Franklin after zoning change, bringing new life to aging office sites

Franklin Township has more than 4 million square feet of industrial space in its development pipeline — most of it in the town’s well-known Somerset section — with a growing list of projects that call for razing and repurposing the sites of outdated office buildings.

Industrial

Investor demand for industrial space soaring to new heights, as rents rise at record pace

Industrial rents in New Jersey and other top markets are rising at unprecedented rates, leaving investors hungrier than ever for properties across the asset class.

Cover Story

How Devco does it: Inside $1.5 billion pipeline — and decades of high-profile New Jersey projects

New Brunswick Development Corp. is forging ahead after a year in which it broke ground on more than $1.5 billion worth of projects — a milestone that’s all the more notable for a team that never does the same project twice.

Professional Services

DMR eyes continued growth, pipeline diversity as design firm marks 30th anniversary

Three decades after its founding, DMR Architects has grown into a robust, multidisciplinary practice serving education, multifamily, health care and other public- and private-sector clients — with a pipeline valued at more than $1 billion.

Government & Public Policy

Insiders see growing (but measured) demand for new, more targeted state incentive program

With the recent approval of the first awards under Emerge, the state’s new jobs-based tax incentive program, officials and other insiders expect to see a measured pace of applications for a subsidy that was designed to be more discerning and targeted than its predecessor.

Office

Co-working demand grows in New Jersey, as users seek flexibility amid continued uncertainty

After 18 months doing their jobs from home because of COVID-19, many New Jersey workers are returning to flex and co-working spaces. Operators are responding by adding more private suites to their offerings to make users feel safer from infection — and while they’re keeping a wary eye on COVID’s Delta variant, they’re optimistic about demand, for both the short term and long term.

Industrial

Industrial owners adapting, unlocking new revenue streams as parking requirements soar

Demand for parking in and around industrial properties has soared in New Jersey, fueled largely by the use of large delivery fleets, spurring changes in building design and creating new revenue streams for industrial owners.