A technology consulting firm has acquired a historic 78,000-square-foot bank building in Trenton, with plans to reposition the property as a hub for innovative businesses.
Several other cities in New Jersey have filed their bids to become the home of Amazon’s second headquarters, despite the state throwing its official support behind Newark earlier this week.
The New Jersey Apartment Association has added to its government affairs team with the hiring of a new assistant vice president, the organization announced Monday.
Suburban office landlords who spruce up their buildings have seen tenants come calling, but continue to trail those offering space in urban locations and those served by mass transit.
State officials have formally rolled out two funding programs meant to spur investment in street-level retail space in five cities: Trenton, Paterson, Passaic, Camden and Atlantic City.
In a state that is increasingly dependent on redevelopment in densely populated, infrastructure-rich towns and cities, lawmakers are mulling changes to a tax abatement statute that is often seen as critical to bringing those projects to life.
A team from Villanova University took the top honors and a $5,000 prize in a recent competition held by NAIOP New Jersey, where students from area schools offered their vision for redeveloping a historic manufacturing site in Trenton.
The state Economic Development Authority last month unveiled two new funding tools aimed at helping street-level retail and downtown businesses in Passaic, Trenton, Paterson, Camden and Atlantic City.
As CEO of Greater Trenton, George Sowa sees a city that has fallen on hard times and has to overcome years of bad press. But Trenton has what it takes to change the narrative, he said, starting with all-important infrastructure such as a transit hub that links to four different rail lines.
