A group of commercial real estate leaders gathered Tuesday to unveil a new policy agenda to promote smart growth and redevelopment, urging lawmakers and Gov.-elect Phil Murphy to take action that will help New Jersey stay competitive in the years to come.
Industrial
Owning or leasing industrial space in New Jersey means you’re within one day’s drive of one-third of the nation’s population. That means the state continues to be a hotbed of warehouse and logistics activity.
Making land: Addressing the supply problem
The Smart Growth Economic Development Coalition has developed a plan for what it describes as “making land” in the heart of northern New Jersey. That means everything from repurposing government-owned facilities in prime locations to having the state take a lead role in acquiring, assembling and cleaning up individual parcels in order to create large development sites near the port.