Government & Public Policy
NJ Transit: Ground lease with LCOR ‘sets the stage’ for Hoboken Connect groundbreaking

The long-awaited Hoboken Connect project took a key step forward on Tuesday with the approval of a ground lease between NJ Transit and LCOR, the developer for what’s slated to include new apartment and office towers and upgrades to the city’s historic transit terminal.

Health Care & Education
Hackensack Meridian breaks ground on new office, health center at mixed-use Metropark site

Construction is set to begin on nearly 250,000 square feet of new corporate and medical office space in Woodbridge, the future home of a Hackensack Meridian Health facility and the first piece of a distinctive mixed-use project at the Metropark train station.

Government & Public Policy
EDA approves $114 million tax credit for major HMH health care hub, apartments at Metropark

The state has pledged nearly $114 million in tax credits over 10 years to a project that would transform the Metropark train station in Woodbridge, where plans call for 235 apartments and nearly 250,000 square feet of office and medical space for Hackensack Meridian Health.

Office
NJ Transit, Onyx detail 407,000 sq. ft. lease for agency’s new headquarters in Newark

NJ Transit and Onyx Equities have revealed new details about their 25-year lease in downtown Newark, where the agency will occupy some 407,000 square feet for its new headquarters.

Government & Public Policy
Hinchliffe Stadium, Westfield downtown among 2023 Smart Growth Award winners

New Jersey Future has unveiled the winners of this year’s Smart Growth Awards, highlighting projects from Paterson to Westfield with a major focus on planning and redevelopment.

Office
Onyx, NJ Transit ink 407,000 sq. ft. lease at Newark’s Gateway, boosting Q2 office market

Onyx Equities has completed a deal to bring NJ Transit to Newark’s Gateway complex, where the agency has committed to more than 400,000 square feet under a high-profile office lease.

Government & Public Policy
NJ Transit wins grant to study development along planned Hudson-Bergen Light Rail extension

NJ Transit has secured nearly $600,000 in federal funds to study development prospects along what would be the long-awaited, nine-mile extension of the Hudson-Bergen Light Rail.

Government & Public Policy
Russo, Onyx and Terminal to lead transformation of NJ Transit’s Metropark station

State officials have picked Russo Development, Onyx Equities and Terminal Construction to spearhead a project that would reshape NJ Transit’s busy Metropark station in Woodbridge.

Government & Public Policy
Murphy joins LCOR, NJ Transit to break ground on historic Hoboken Connect project

Construction is set to begin on the long-awaited Hoboken Connect project, where plans call for improving the city’s historic transit terminal, infrastructure upgrades and new development that would include nearly 400 apartments and 635,000 square feet of high-end office space.

Government & Public Policy
Murphy touts $49 million upgrade of New Brunswick train station, as development booms

The New Brunswick train station is a getting a nearly $50 million upgrade, thanks to an infusion of state funds detailed Friday by Gov. Phil Murphy and other officials.