Thursday, January 15th, 2009
President-elect Barack Obama has called for “the largest investment in infrastructure since the creation of the interstate highway system” to be a part of the forthcoming economic stimulus package. The price tag for this stimulus could approach $1 trillion.
Much of the infrastructure money is expected to be funneled to state departments of transportation to be […]
Future Facts | Comments Off on NJ Can Brighten its Future by Stretching Stimulus Dollars
Monday, June 2nd, 2008
New Jersey Future’s annual Smart Growth Awards highlights captures the energy that is transforming places around the state.
Future Facts | Comments Off on NJ Embraces Smart Growth, and Honors those Who Practice It
Thursday, March 6th, 2008
New Jersey is the most developed state in the nation—and not by a little bit. According to the Natural Resources Conservation Service, the Garden State leads its nearest competitor in this category, Rhode Island, by about 25 percent.
Through the 1990s and into the early 2000s, New Jersey successfully preserved about […]
Future Facts | Comments Off on Redevelopment: A Blueprint for Sustainability
Friday, December 7th, 2007
Former industrial sites, known as brownfields, are a prominent feature of New Jersey’s urban landscape. More than 10,000 brownfields have been identified in the state.
The Department of Environmental Protection has designated 18 Brownfields Development Areas around the state. Through the program, the department works with local governments and stakeholders […]
Future Facts | Comments Off on Brownfields: Urban Blight or Redevelopment Opportunity?
Tuesday, November 20th, 2007
A recent study commissioned by the Council on Affordable Housing found that:
Of New Jersey’s 4.98 million acres, 1.24 million (25 percent) are vacant and unconstrained.
These vacant acres have the capacity for 1,169,697 residential housing units and 1.63 billion square feet of non-residential space.
Redevelopment of older housing and former commercial and industrial sites will produce an […]
Future Facts | Comments Off on NJ Still Has Room to Grow. But Where…and How?
Tuesday, September 18th, 2007
New Jersey has lost its No. 1 status in terms of median household income. The Garden State was the wealthiest in the nation as of the 2000 Census, but Maryland has now surpassed it (and leaped past former No. 2 Connecticut in the process), according to statistics released last week from […]
Future Facts | Comments Off on Updated Census Numbers Deliver Mixed Message to NJ
Friday, July 27th, 2007
Gallenthin v. Paulsboro: In Search of a Balance between Property Rights and Redevelopment Although the recent New Jersey Supreme Court decision in Gallenthin v. Paulsboro was hailed in some quarters as a victory for property rights over the power of eminent domain, the reality is more complicated. The decision did grant a […]
Future Facts | Comments Off on In Search of a Balance between Property Rights and Redevelopment
Wednesday, May 16th, 2007
The Brookings Institution’s Metropolitan Policy Program has examined 376 U.S. cities and characterized 80 of them as “older industrial cities,” based on their substandard performance on a number of economic indicators, including employment growth, number of new business establishments, poverty rate and income level. Large cities making the list include Los […]
Future Facts | Comments Off on Old Cities, New Potential?
Tuesday, February 20th, 2007
The Housing and Community Development Network of New Jersey’s recent “Cities in Transition” report identified 30 New Jersey cities as showing multiple signs of fiscal and socioeconomic distress. Between 1990 and 1999, these largely built-out cities accounted for only 5.9 percent of residential building permits issued in the state.
Between 2000 […]
Future Facts | Comments Off on Redevelopment on the Rise
Friday, March 17th, 2006
Wachovia Bank and Matrix Development Group this week celebrated the official opening of Wachovia’s regional headquarters in a new, five-story office building in the heart of downtown Trenton.
The $15.7 million project marks the first significant private investment in commercial office development in the city in more than a decade.
Wachovia cited its desire to follow its […]
Future Facts | Comments Off on Catalysts for Urban Change