Government & Public Policy
Growing life sciences firms, Big Pharma giant offered EDA incentives

State officials have approved tax credits meant to help three pharmaceutical firms grow the industry’s footprint in New Jersey, while also dangling a nearly $40 million incentive to keep a global life sciences giant from pulling its U.S. headquarters out of the state.

Industrial
Hartz completes new service facility at former Kearny landfill site

Hartz Mountain Industries and Cummins Inc., a global engine maker and power company, have completed a new 57,000-square-foot facility in Kearny, marking a milestone in a complex, long-running effort to redevelop a former landfill in the Hudson County town.

Government & Public Policy
EDA marks launch of street-level business incentives in five cities

State officials have formally rolled out two funding programs meant to spur investment in street-level retail space in five cities: Trenton, Paterson, Passaic, Camden and Atlantic City.

Residential & Mixed Use
Hartz, Panepinto project is ‘another step’ in Journal Square’s revival

If there is any doubt about the demand for new luxury apartments away from downtown Jersey City, look to the new 13-story tower that has risen just northwest of the busy Journal Square transportation center. That’s where a crowd gathered on Tuesday morning to celebrate the opening of the building, 3 Journal Square, as the newest addition to the onetime commercial hub of the city.

Office
Largest tenant to date moves into Bell Works

A software solutions firm has cut the ribbon on its new 72,000-square-foot space at the Bell Works complex in Holmdel, marking the arrival of the largest tenant to occupy the building thus far after a flurry of office leasing over the past year.

Retail
Developers, city officials unveil new supermarket in former Elizabeth food desert (SLIDESHOW)

A new 25,000-square-foot supermarket has opened its doors in what had been a food desert in a dense section of Elizabeth, anchoring a $17 million redevelopment project that relied on a medley of private and public funding sources.

Hospitality & Tourism
Atlantic City’s $138 million ‘PolerCoaster’ set for 2019 debut after EDA approval

A towering “PolerCoaster” rising 350 feet is on track to become one of Atlantic City’s newest attractions, following state approval Thursday of a $38.4 million tax incentive for the project.

Government & Public Policy
Report: Brewing company moving to Atlantic City

A brewing company will relocate to Atlantic City from southeastern Pennsylvania with the help of nearly $1.1 million in tax credits from the state Economic Development Authority.

Government & Public Policy
New EDA programs seek to promote street-level leasing, upgrades

The state Economic Development Authority last month unveiled two new funding tools aimed at helping street-level retail and downtown businesses in Passaic, Trenton, Paterson, Camden and Atlantic City.

Industrial
Wakefern mulls new 930K sq. ft. warehouse in Central Jersey

Wakefern Food Corp. could be in line to expand its vast footprint in New Jersey, having told state officials that it was considering a massive new warehouse facility in Perth Amboy.