State officials have approved a set of proposed guidelines for a new incentive program to support the restoration of New Jersey’s historic buildings and neighborhoods.
The state’s Economic Development Authority is now accepting applications for Aspire, its new place-based gap financing program for commercial and residential projects.
New Brunswick Development Corp. is forging ahead after a year in which it broke ground on more than $1.5 billion worth of projects — a milestone that’s all the more notable for a team that never does the same project twice.
The state is seeking a buyer for 26 acres along Route 1 in North Brunswick, touting the parcels’ location in the heart of New Jersey’s research and development corridor.
State officials are seeking a buyer to revitalize the 10-story, 230,000-square-foot office building in downtown Trenton that was the longtime home of New Jersey’s Division of Taxation.
State officials are set to begin taking applications under a new incentive program that will look to provide gap financing to commercial and residential projects across New Jersey.
A joint venture has broken ground in Paterson on a $26 million project that will bring affordable housing and space for a local nonprofit to the site of a historic mill building.
With the recent approval of the first awards under Emerge, the state’s new jobs-based tax incentive program, officials and other insiders expect to see a measured pace of applications for a subsidy that was designed to be more discerning and targeted than its predecessor.
Party City will in fact move its corporate headquarters to Woodcliff Lake, where it will lease more than 200,000 square feet to backfill a soon-to-be-vacant office building.
The state is helping to jumpstart efforts to repurpose the sprawling former Toys R Us campus in Wayne, thanks to one of eight newly approved grants by the Economic Development Authority.
