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.
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.
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.
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.
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.
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.
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.
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.
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.
The state has announced two new approvals under the Aspire tax credit program, pledging a combined $45.4 million to affordable housing projects in New Brunswick and West Deptford.
