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.

Nokia to open new 360,000 sq. ft. facility in New Brunswick by 2028, eyeing ‘the next 100 years’ of its historic Bell Labs research arm

Nokia Bell Labs will break ground in 2025 on its new 360,000-square-foot facility in downtown New Brunswick, executives said Monday, as they hailed a project that will allow it to remain at the forefront of innovation while boosting its appeal for the state’s future talent pool.