SJP Properties and New Brunswick Development Corp. are joining forces to develop the second piece of the landmark Health + Life Science Exchange in New Brunswick, with plans to offer 600,000 square feet of build-to-suit lab and office space at the mixed-use campus.
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.
VIDEO: Rutgers, Devco open new student housing and retail hub in New Brunswick
A major piece of Rutgers University’s sweeping redevelopment effort in New Brunswick has opened its doors — as evidenced by the 465 students who moved in this past weekend.
Built by New Brunswick Development Corp., or Devco, The Yard @ College Avenue includes 160 apartments for undergraduates and some 15,000 square feet of retail space. At the center of the 14-story, U-shaped apartment building is a 25,000-square-foot public green space and a 320-square-foot outdoor LED monitor.
The roughly $90 million project, which sits at the corner of College Avenue and Hamilton Street, is one component of historic makeover at Rutgers’ College Avenue campus. The effort represents more than $300 million in total investment and has been touted as a way to put New Brunswick on par with other major college towns across the country.
The opening of The Yard follows last year’s completion of a 550-bed honors college along George Street and a newly built facility for the New Brunswick Theological Seminary, which was relocated in order to make way for the Rutgers project. Next week, Devco and Rutgers are slated to open the university’s first academic building on the campus in decades.