Requires State agencies to vacate certain property in Trenton; allows EDA to offer incentives to private entities to locate to that property.
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Progress
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- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill requires New Jersey state agencies located at Riverview Plaza in Trenton to relocate to new locations within the city. Simultaneously, it empowers the Economic Development Authority (EDA) to actively pursue redevelopment of the property by attracting private businesses through incentives and modified business assistance programs. The goal is to revitalize the area and encourage economic growth in Trenton.
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