Health Care
HELIX taps Portal Innovations to manage incubator at transformative New Brunswick project

The landmark Health & Life Science Exchange of New Jersey campus in New Brunswick has found a key partner for the project’s incubator space, announcing a pact with Portal Innovations to spearhead a facility for startups and entrepreneurs from nearby universities.

Office
Sun Pharma secures EDA tax credit for new 100,000 sq. ft. headquarters near Princeton

One of the world’s largest generic pharmaceutical companies has found a new U.S. headquarters outside Princeton with the help of a tax credit award under the state’s Emerge program.

Government & Public Policy
EDA approves $104 million Aspire award for Nokia Bell Labs tower in New Brunswick

The developers of what will be nearly 370,000 square feet of lab and office space in New Brunswick, the future home of Nokia Bell Labs, could break ground next month after securing a 10-year, $103.9 million tax credit award under the state’s Aspire program.

Government & Public Policy
EDA approves $64 million Aspire award for 210-unit Bayfront project in Jersey City

The first piece of the highly touted Bayfront housing project in Jersey City is moving ahead with the help of a newly approved, $64 million tax credit award under the state’s Aspire program.

Government & Public Policy
CRE leaders hopeful after Murphy signs law to boost viability, eligibility of Aspire projects

Gov. Phil Murphy has signed a law to expand the Aspire tax credit program for developers, in part by allowing projects in New Brunswick, Camden and East Orange to secure larger awards, while taking steps meant to help applicants secure construction financing.

Hospitality & Tourism
EDA approves $4 million grant to expand Showboat family entertainment hub in Atlantic City

A major expansion is coming to Atlantic City’s Showboat Resort, now a family entertainment destination, with the help of more than $4 million in newly approved funding by the state.

Government & Public Policy
EDA approves $17.7 million Aspire award for Camden affordable housing, health center project

A development group has secured a nearly $18 million state tax credit award for a plan to build 30 units of affordable housing and a new health center in Camden’s Parkside neighborhood.

Government & Public Policy
Netflix one step closer to 1.2 million sq. ft. Fort Monmouth hub with $387 million Aspire award

Netflix has taken a major step in its plan to build a 1.1 million-square-foot studio campus at Fort Monmouth, having secured a $387 million tax credit award under New Jersey’s Aspire program.

Government & Public Policy
Netflix lands key local approvals for Fort Monmouth studio campus, with EDA set to consider Aspire award this week

Netflix has secured two key local approvals for its plan to build a nearly $1 billion studio complex at Fort Monmouth, as it awaits a vote this week on what’s poised to be a lucrative tax credit incentive under the state’s Aspire program.

Government & Public Policy
Trenton to acquire vacant hotel with $4 million grant, one of 12 approved under EDA program

State officials have approved a $4 million grant to help the City of Trenton acquire a vacant hotel property that’s slated to be redeveloped under a proposed mixed-used project.