A new report details how office properties near transit are seeing higher rents and lower vacancy rates than their counterparts in non-transit locations, confirming that smart investment in transit assets is key to maintaining New Jersey’s economic competitiveness.
Transit Oriented Development
While the new administration has threatened significant cuts to federal redevelopment tools, there is reason to hope that some important programs will remain.
New Jersey Future’s 2017 gubernatorial platform recommends targeted smart-growth investments and strategies to help accelerate New Jersey’s economic growth.
New Jersey Future hosted the annual gathering of state and regional smart-growth organizations in downtown Newark.
Ten years after winning a Smart Growth Award, and long after its associated residential development was completed, NJ Transit’s new Wesmont Station has finally opened.
New Census municipal data show that redevelopment continues to accelerate as a way to accommodate New Jersey’s population growth, and population losses continue to spread in the state’s exurban and rural areas.
On their 15th anniversary, a salute to the multi-year winners and supporters of New Jersey Future’s Smart Growth Awards.
Since the Great Recession, the growth rate in New Jersey’s transit-oriented areas has outstripped the growth rate in exurban areas and in the state overall, according to an analysis of new Census data.
Speakers at the Redevelopment Forum session on affordable housing all stressed the opportunities inherent in creating more affordable housing, and that towns should be proactive so they get the kind of housing that helps them meet other objectives.
A look at how several cities have updated their zoning codes reveals some common approaches to using their land more flexibly and smartly.