TRENTON, NJ – new Jersey’s commitment to revitalizing urban centers is gaining momentum, with recent projects in trenton, New Brunswick, and East Orange demonstrating the impact of the New Jersey Economic progress Authority’s (NJEDA) real estate incentive programs. These initiatives are driving redevelopment and expanding housing opportunities across the state,officials announced today.
The projects include development at 11 Spring Street in New Brunswick, and multiple initiatives in East Orange, alongside ongoing efforts to bolster Trenton‘s core.
“These investments are about more than just buildings; they’re about people and possibilities,” said NJEDA CEO Tim Sullivan. “we are proud to partner with local leaders to bring renewed vitality to this cornerstone of our city. We are grateful to Governor Murphy, the NJEDA, and all of our partners for recognizing the merit of this effort and helping us continue to build a stronger, more vibrant Trenton.”
New Brunswick Mayor Jim Cahill highlighted the significance of the 11 Spring Street development, stating, “The 11 Spring Street development marks another significant step forward in New Brunswick’s revitalization. by bringing additional housing opportunities, including affordable units, into the heart of our City, we are strengthening and enriching our vibrant downtown district and all that it has to offer.”
East Orange Mayor Ted R. Green emphasized the broader impact of the projects in his city.”our city stands at a pivotal moment, a chance to honor our past and build our future. It’s not just about bricks and mortar; it’s about building a legacy. We’re weaving together our history and herstory to forge a new destiny for East Orange,” said Mayor Green. “These projects aren’t just buildings; they are beacons that will inspire our youth and drive our community forward. We’re doing this with compassion for every neighbor, with the authenticity of who we are, and with the knowledge that our collective strength will make a significant difference in the lives of others.”
The NJEDA serves as the State’s principal agency for driving economic growth, committed to making New Jersey a national model for inclusive and sustainable economic development. The Authority focuses on strategies to build strong communities, create jobs, and provide pathways to a fairer economy through partnerships with diverse stakeholders.
Businesses seeking to learn more about NJEDA resources can call 844-965-1125 or visit https://www.njeda.gov. The NJEDA can also be followed on Facebook (http://www.facebook.com/newjerseyeda), Twitter (http://www.twitter.com/newjerseyeda), Instagram (http://www.instagram.com/newjerseyeda), and LinkedIn (https://www.linkedin.com/company/njeda/).
