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With all the development happening in the Garden State, Rutgers has announced that it will now offer a graduate-level certification program dedicated to development and redevelopment. The program aims to train students for work at high-level positions within the industry.
World-renowned celebrity chef Marcus Samuelsson has signed on to open up a restaurant in one of downtown Newark’s most prominent buildings, adding another feather in the cap to both the city’s revitalization and to a historic landmark that’s undergoing a thorough restoration.
The U.S. subsidiary of Japan’s largest publicly-traded real estate company has just purchased a majority stake in one of Hoboken’s most modern office buildings, proving that the age-old wisdom of “location, location, location” hasn’t changed much.
The commercial heart of Hoboken is getting some new life pumped into it, as three different Washington Street projects, all featuring retail, are looking to inject a spark into one of the city’s oldest corridors.
Another historic but neglected building in one of New Jersey’s oldest stretches of downtown is getting a facelift, bringing more residential units plus some revitalized retail back to the heart of Newark.
A meeting that had higher than usual turnout saw Hoboken’s City Council unanimously vote down a legal settlement that would have ended multiple development-related lawsuits.
Several of New Jersey’s most historic sites are located within a few miles of each other in Newark. A newly-launched self-guided walking tour allows residents and visitors to see nearly all of them.
A 7.5-acre mixed-use neighborhood is planned for the Bears and Eagles Riverfront Stadium site in Downtown Newark. The 2.3 million square foot development will contain a mix of residential, office, retail, and cultural space.
KMS Development Partners has released a forecast of the economic impact their proposed Hilton Hotel would have if it gets built along the Hoboken waterfront, and it claims millions of dollars and almost 700 jobs would benefit the community.
New Jersey's rail infrastructure needs some help. I say this with cautious optimism, but it looks like the powers that be may be realizing that too. In the coming weeks, the Federal Railroad Administration and New Jersey Transit will be holding two open house informational meetings on the proposed Hudson River rail tunnels.