The state Economic Development Authority is seeking applicants for a new low-interest loan program for cleaning up contaminated property.
Business leaders are cheering the passage of a new economic development incentives law in New Jersey, following a two-year battle in Trenton and the added uncertainty of the pandemic. Yet some stakeholders are pointing to a far less heralded, less contentious piece of the New Jersey Economic Recovery Act as a key tool for spurring new investments around the state.
State officials are relaunching a high-profile developer tax credit program that was halted nearly two years ago, offering $50 million in subsidies as a result of a newly approved law.
A development team is moving ahead with plans to revive the historic Hinchliffe Stadium site in Paterson, following approval of a $67 million state tax credit for the project.
Gov. Phil Murphy has signed into law a bill that would create a seven-year, $14 billion package of tax incentives for key businesses and development projects in the state.
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 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.
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.
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.
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.