The New Brunswick Development Corp. broke ground this week on the long-awaited New Brunswick Performing Arts Center, a $172 million, 450,000-square-foot project. Here is a video from the ceremony, courtesy of the developer.
Government & Public Policy
From zoning disputes to the federal tax code, public policy affects the commercial real estate sector far more than you may realize. For industry leaders, government and politics demand constant attention.
Devco, public officials break ground for New Brunswick Performing Arts Center
The New Brunswick Development Corp., public officials and a host of other stakeholders broke ground Wednesday on the $172 million New Brunswick Performing Arts Center project. Slated to rise 23 stories on Livingston Avenue, the mixed-use complex stands to transform the city’s famed downtown cultural arts district, spanning 450,000 square feet that will include performance venues, office space and more than 200 luxury apartments.
Long-term issues need long-term solutions
When the drafters of the federal and New Jersey constitutions established the length of terms for elected leaders from two to six years, they probably thought those were the right lengths to enable those leaders to focus on both short- and long-term issues. Unfortunately, most of the focus has been on the short term with little planning for the longer-term issues. Long-term has come to mean getting past the next election.
