Experts say Newark is enjoying not only a surge of new private-sector investment, but also a level of interest that is helping to break the stigma that has plagued it for decades.
The maker of the iconic Mars and Wrigley brands is officially moving its U.S. headquarters to Newark, where it will anchor a soon-to-redeveloped piece of the city’s downtown.
State officials have approved a 10-year, $31.5 million tax credit to encourage Mars Wrigley to move more than 480 employees to Newark, where it would lease 110,000 square feet at a historic warehouse that is being redeveloped by Edison Properties.