EDA approves $104 million Aspire award for Nokia Bell Labs tower in New Brunswick

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.

EDA, Nokia Bell Labs to open new hub for commercializing research at New Brunswick’s HELIX campus

A new facility focused on commercializing scientific research is coming to the HELIX — the acclaimed campus under construction in downtown New Brunswick — under a partnership announced this week by state officials and Nokia Bell Labs, a future tenant at the site.

Devco tops out $732 million first phase of HELIX campus in New Brunswick (PHOTOS + VIDEO)

New Brunswick Development Corp. on Friday welcomed a crowd of public officials and other well-wishers to the site of its high-profile HELIX project, joining a large team of laborers to top out the first of three buildings at the planned life sciences and technology campus.

Devco set to top out first phase of HELIX project, hailing a key milestone with more to come at distinctive New Brunswick campus

The developer of the landmark HELIX project in New Brunswick will mark a key milestone on Friday when it tops out the first of three buildings at the campus, hoisting the final steel beam for the 12-story, 574,000-square-foot structure downtown.

For New Brunswick Development Corp., it’s also a chance to highlight what’s still to come at a facility that will be unlike anything else in New Jersey.

Legacy moment: Inside the landmark deal to bring Nokia Bell Labs to New Brunswick’s HELIX campus

The historic deal to bring Nokia Bell Labs to New Brunswick was nearly a year in the making, beginning in earnest with the company’s visit to a four-acre construction site downtown.

Strength and stability: Panelists say long-term leadership in business, government is central to New Brunswick’s highly touted revival

Leveraging its key assets and the vast resources of business, academic and political leaders in New Brunswick has been a hallmark of the city’s economic revival in recent decades, panelists said during a program hosted by Real Estate NJ, as they discussed the philosophical and financial partnerships behind billions of dollars in public- and private-sector redevelopment.

EDA adopts changes to Aspire tax credit program amid higher development costs, increased need for affordable housing

The state has approved several key changes to Aspire, the tax credit program for developers, as it looks to expand eligibility and ensure its continued role in affordable housing production.

JLL: Life sciences still strong in New Jersey amid new office, manufacturing needs

Life sciences companies remain a leading driver of commercial real estate in New Jersey, accounting for more than a third of all office leases during the first half of 2023 and fueling a pipeline of deals for lab and manufacturing space.

SJP, Devco reveal plans for 600,000 sq. ft. lab, office project at New Brunswick’s HELIX project

SJP Properties and New Brunswick Development Corp. are joining forces to develop the second piece of the landmark Health + Life Science Exchange in New Brunswick, with plans to offer 600,000 square feet of build-to-suit lab and office space at the mixed-use campus.