Murphy signs $14 billion incentive package

Gov. Phil Murphy appeared last year at the Commercialization Center for Innovative Technology, a state-run incubator in North Brunswick, where he showcased his plans for a New Jersey Innovation Evergreen Fund. — Courtesy: Governor’s Office By Joshua Burd Gov. Phil…

Flemington taps global consulting firm, launches downtown revitalization plan

Armed with a $100,000 state grant, the borough of Flemington is taking new steps to draw private development and community-focused investment to its historic downtown.

‘The Hub’ in New Brunswick eyes groundbreaking with higher ed, health care partners in tow

The first piece of a long-awaited research, business and retail campus in downtown New Brunswick is slated to break ground next summer after securing commitments from four of the state’s largest institutions in health care and higher education.

EDA, NJIT announce new center for brownfields cleanup

The state Economic Development Authority is teaming with the New Jersey Institute of Technology to establish a new initiative aimed at helping local governments clean up and reposition brownfield sites within their borders.

Office space analytics startup opens at Kearny Point, with EDA support

A technology startup has opened offices at the sprawling Kearny Point complex after being approved for a rent subsidy program by the state Economic Development Authority.

PRC, Circle Squared unveil Jersey City rental building at NJCU-led project

A joint venture has taken the wraps off a new 144-unit luxury apartment building in Jersey City, the latest piece of a high-profile redevelopment effort led by New Jersey City University.

New Brunswick PAC, ‘the best example of what redevelopment can do,’ opens its doors

The long-awaited New Brunswick Performing Arts Center has opened its doors, marking the debut of a $172 million, mixed-use project that is poised to transform the city’s acclaimed arts district.

EDA streamlines, expands eligibility for municipal grant program for stranded assets

The state Economic Development Authority is expanding a program aimed at helping municipalities tackle vacant or underused commercial and retail properties in their towns.

Murphy signs bill to provide redevelopment designation for stranded malls, office parks

Gov. Phil Murphy has signed into law a bill that could help resurrect so-called stranded assets across the state, allowing municipalities to provide new redevelopment incentives for vacant or underused shopping malls and office parks.

EDA opens application period for Opportunity Zone grant program

The state Economic Development Authority has begun accepting applications for a new grant program seeking to help municipalities and counties draw investors to federally designated Opportunity Zones.