A plan to restore and reopen Paterson’s historic Hinchliffe Stadium is now within reach, as the project moves ahead under a team led by a hometown developer, in an effort that will also honor the site’s history as a Negro League baseball stadium. The mixed-use project could even become a focal point for redevelopment in Paterson, which has lagged behind other large New Jersey cities that have seen high-profile, public-private revitalization efforts.
New grants for New Jersey towns, cities could boost redevelopment opportunities
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.