Cover Story
A changing landscape: Development leaders expect office-to-residential conversions to slow, be reimagined
Some veteran real estate experts are predicting “multifamily fatigue” in the Garden State as towns deal with the latest round of state-mandated affordable housing obligations, potentially reshaping the state’s development scene and the pipeline of residential projects.
Culture campus: Newark Museum update marks latest milestone as $100 million mixed-use project takes shape around it
New Jersey’s oldest museum has undergone a significant upgrade, solidifying its commitment to serve as a dynamic cultural hub for the region and beyond. It also is considered the cornerstone of the $100 million, blended-use project that’s poised to link two downtown neighborhoods.
Aiming high: A gleaming new office tower is Camden’s next big swing. Officials are now quietly working to get the project started.
Dreams of a building a new 25-story, 500,000-square-foot office tower in Camden still hinge on addressing several complex issues, but officials are confident in the project’s future, citing commitments from several key anchors in the city and the type of cooperation that has helped other large-scale investments in the city come to fruition.
Going global: Inside the growth of Asian logistics firms in New Jersey’s industrial market
Asia-based third-party logistics firms have played an increasingly important role in New Jersey’s industrial sector, creating new demand and helping to fill excess inventory after a recent surge in speculative construction. How those firms will be impacted by outsized tariffs and the U.S. trade war with China remains to seen, but developers are optimistic about what is now an established class of tenants.
Vital investments: Landmark cancer center in New Brunswick is ‘just the beginning’ of broader real estate, facilities strategy by RWJBarnabas
The new Jack and Sheryl Morris Cancer Center is the centerpiece of a massive investment in RWJBarnabas Health’s physical footprint — one that’s ongoing — highlighting the increasingly important role of ground-up development in New Jersey’s health care sector.
