Sponsored By:
June 15, 2015
|
|
|
|
|
|
|
|
|
STRONG COLLEGE
CONSTRUCTION REPORTED AT ALLIANCE CONFERENCE
|
Billions of dollars in new facilities
were described at a special higher education capital construction
conference hosted by the New Jersey Alliance for Action.
Speakers credited the $750 million
higher education bond issue for the impetus of many of the public and
private construction projects. The Alliance was a key supporter of
the bond issue.
Alliance President Philip K. Beachem
said it took ten years to get the $750 million bonds passed --- "but
we should begin to talk to Trenton now about the next higher education
bond issue."
Highlights of the presentations by
higher education leaders were:
- New Jersey City
University President Sue Henderson outlined some $400 million
of upcoming and ongoing construction projects --- creating a larger
urban development role on the west side of Jersey City.
- Rowan
University Senior Vice President for Facilities &
Operations Donald Moore discussed
expansion of its Glassboro and Camden campuses with projects
totaling over $500 million. He stressed that Rowan now has two
medical schools.
- Saint Peter's
University President Eugene Cornacchia reported on the $277
million McGinley Square project, which would include a new student
center and 400 new market rate housing units.
- New Jersey Institute of
Technology Provost and Senior Executive Vice President Fedi
Deek provided
details on a number of major projects totaling over $270 million ---
including building for Life Sciences and Technology, Wellness and
Events Center and a renovation of Newark's historic Central King
High School.
- Rutgers University
Executive Director for Facilities Planning and Development Frank
Wong said
the State University has $807.5 million in the pipeline for its New
Brunswick, Newark and Camden campuses. He pointed particularly
to the "heart of the campus" under construction on College
Avenue in New Brunswick.
- Passaic County Community
College President Steven Rose celebrated the projects throughout New
Jersey, including the ten community colleges he was
representing.
|
ALLIANCE FOR ACTION ANNOUNCES 2015
EAGLE AWARD WINNERS
|
Six leaders of New Jersey's economic
life will receive prized Eagle Awards at the New Jersey Alliance for
Action's 41st annual dinner on October 22. The dinner
will be held at the Hyatt Regency Hotel in New Brunswick.
Alliance Chairman George Laufenberg and
President Philip K. Beachem announced the members of Eagle Awards Class
of 2015. They are:
- Michael
Capelli,
Executive Secretary-Treasurer of Northeast Regional Council of
Carpenters, Sigurd Luccassen Labor Award.
- Veronique Hakim, Executive Director of NJ
Transit, Richard M. Hale Chairman's Award.
- Robert Fischer, Chief Engineer of the NJ
Turnpike Authority, John L. Buzzi Engineering Excellence Award.
- Sister Rosemary Jeffries, President of Georgian
Court University, President's Award.
- Frank F. Criscola, Chairman and CEO of
Crisdel Group, Inc., Ellis S. Vieser Lifetime Achievement Award.
- Richard Alaimo, President of Alaimo Group.
Walter Rand South Jersey Award.
|
SOUTH JERSEY GAS REAPPLIES FOR NATURAL
GAS PIPELINE
|
South Jersey Gas has applied again to
build a 22-mile natural gas pipeline to the B.L. England Generating Station
in Upper Township. The reapplication received the strong
endorsement of the region's large daily newspaper, the Press of Atlantic
City, for air quality and the economy.
The last time South Jersey Gas applied
to build the pipeline, the staff of the Pinelands Commission recommended
approval but the Commission voted 7-7 and the pipeline failed.
The new effort is a private development
application that shows the project meets Pinelands National Reserve
standards. Alliance for Action Executive Vice President Jerry Keenan
spoke at the Press Conference.
|
EDA APPROVED MAJOR AWARDS OF MILLIONS
OF DOLLARS
|
A ten-year $39.3 million Grow New
Jersey Award to Audible, Inc., to create a new technology center in Newark
topped the list of awards announced by the New Jersey Economic
Development Authority (EDA).
Audible, a provider of spoken, audio
information and entertainment, said the Center would be located on James
Street in downtown Newark. It is a subsidiary of Amazon and the
center would house an engineering and development hub, retaining 50 jobs
and creating an additional 350.
The EDA also approved a ten-year $33.9
million award for Pennsauken-based Contemporary Graphics and Bindery,
Inc., to relocate to a 124,000-square-foot facility in Camden. A
ten-year $16.5 award was approved to Fidelity Global Brokerage Group to
locate a new facility in Jersey City with 200 new full-time jobs.
|
NEW MARRIOTT HOTEL COMING TO WATERFRONT
IN HARRISON
|
Advance Realty announced plans to
develop a hotel in Harrison as part of Harrison's mixed-use Riverbend
District waterfront redevelopment efforts.
The Bridgewater-based developer
reported that the 85,000 square-feet AC Hotel By Marriott will include
150 suites as well as a restaurant, retail and office space to supplement
development in the 35-acre district.
|
RUTGERS GETS $500,000 FEDERAL GRANT TO
STATE TECHNOLOGY PARK
|
Rutgers University will receive a $500,000
Federal Economic Development Grant to help plan an Innovation Park at
Rutgers on 30 acres at the Livingston campus. The project will seek to
break down barriers between academia and industry. Christopher
Molloy, a Senior Rutgers Vice President for Research and Economic
Development said:
"Ultimately, we expect the park to be a
stakeholder-driven, model for technological innovation, industry growth
and workforce development. It will ensure a true community of
innovation in Central Jersey between New York and Philadelphia." The
park will also be funded by $10 million from the State's Building Our
Future Bond.
|
STOCKTON GETS LEASE FOR NEXT GEN
AVIATION PARK
|
A lawsuit settled between the South Jersey
Economic Development District and its former executive director paved the
way for a land lease transfer to Stockton University's Aviation Research
& Technology Park. The lease transfer of 58 acres in Egg Harbor
Township, Stockton now plans development to begin on the first building
in the park by year-end. Construction is scheduled to include a total of
seven buildings with 400,000 square feet of office and research space.
The first building will offer 66,000 square feet, with 7,000 square feet
of it set aside for the FAA.
|
|
|
|
|