A new Rutgers report highlights the coming problem of aging and abandoned suburban office parks. Those facilities that cannot be repurposed to meet the market demand for mixed-use, transit-accessible employment centers should not be the recipients of state job-creation incentives.
Economic Development
The Coming Boom in White Elephants
Wednesday, January 2nd, 2013Poll Shows New Jersey Residents Strongly Support Regional Approach to Rebuilding After Sandy
Monday, December 10th, 2012A new poll finds New Jersey residents strongly support regional approaches to rebuilding after Hurricane Sandy.
Planning to Build on Light Rail Success
Thursday, November 1st, 2012The Federal Transit Administration’s awarding of a $400,000 grant to examine the possibility of building a new light-rail station in Jersey City demonstrates tangible commitment to advancing economic development through transit-oriented development.
Comprehensive Transit Inventory Allows for More Strategic Investment Decisions
Monday, September 24th, 2012The transit station inventory provides policy makers, municipal officials and development professionals with a systematic way to identify the highest-potential opportunities for various kinds of development around transit stations.
Johnson & Johnson To Establish Innovation Centers
Wednesday, September 19th, 2012Johnson & Johnson is establishing four life-sciences innovation centers but none in New Jersey, even though the state has many of the key assets that can make innovation districts successful. New Jersey needs ways to put an innovation district strategy to work here.
Targeting Industry and Geography Together to Foster Job Growth
Wednesday, September 12th, 2012New Jersey has recently been losing jobs in several of the key industries highlighted in the draft State Strategic Plan. An examination of innovation districts as an economic growth strategy suggests state investments in key industries should be strongly linked to the kinds of smart-growth places where they can flourish.
Urban Transit Hub Tax Credit at a Crossroads
Thursday, June 28th, 2012The Urban Transit Hub Tax Credit has proven to be a popular incentive to concentrate jobs and housing around transit hubs. It is approaching its funding cap, which provides a good opportunity to take stock and perhaps adjust. But it also raises important questions about how the state wants to apportion its economic development incentives going forward.
New Jersey Counties Show Dramatic Reversal in Population Growth Patterns
Tuesday, June 12th, 2012In the past three years, New Jersey’s county population growth patterns have shown a remarkable reversal from their previous trend toward outward-pushing sprawl development. The newest Census figures indicate a return to urban and inner-suburban counties, to more compact, walkable places.
Seven Exemplary Projects, Plans Earn Smart Growth Awards for 2012
Thursday, May 31st, 2012Seven projects and plans, ranging from a mixed-use brownfield redevelopment to a shopping center transformation to an innovative alternative to traditional zoning, will receive New Jersey Future’s 2012 Smart Growth Awards. Joseph M. Taylor, chairman and chief executive officer of Panasonic Corporation of North America, will receive the Cary Edwards Leadership Award, honoring his decision to build a new headquarters in Newark.
New Jersey Future Hails Promise of State Strategic Plan
Monday, April 2nd, 2012New Jersey Future’s comments recommend some needed revisions to the draft State Strategic Plan to ensure that it will improve the state’s economy, its environment, and its communities.
