The Hub (New Brunswick, New Jersey)

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The Hub
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Location within New Brunswick, NJ
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The Hub (New Brunswick, New Jersey) (New Jersey)
General information
Type Mixed-use highrise
LocationNew Brunswick, New Jersey
Coordinates 40°29′47″N74°26′47″W / 40.496389°N 74.446389°W / 40.496389; -74.446389
Completed2024 (projected)
Technical details
Floor count13
Design and construction
DeveloperDEVCO

The HELIX Health + Life Science Exchange, originally called The Hub for the New Jersey Innovation and Technology Hub, is a research, business incubator and innovation center under construction in New Brunswick, New Jersey, which itself is called The Hub City. [1] [2] The project is across the street from the New Brunswick station, served by NJ Transit's Northeast Corridor Line and several Amtrak trains. [3]

Contents

Site and construction

The site was formerly the Ferren Mall, which opened in 1982, was later abandoned and demolished in 2017. It is planned to contain three buildings. Ground was broken for Phase 1 of the $650 million project in October 2021. It includes a 13-story building with retail space on the first floors. [4] It is expected to be completed in 2024 [5] [6] and open in 2025.

The 3rd phase of the project will include a 42-story mixed used building. [7] [8]

Stakeholders and tenants

The New Jersey Economic Development Authority and the New Brunswick Development Corporation (DEVCO) are partners in the project. [9] Part of the project will be dedicated to translational research. Tenants will include: [10] Officials believe a chip manufacturer could be a potential tenant. [11]

See also

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References

  1. "Why Hub is just latest success for innovation in N.J." 20 October 2021.
  2. "New Brunswick's HELIX: Crown jewel of New Jersey". 18 May 2023.
  3. Reitmeyer, John (March 20, 2018). "NJ's Tech Future Begins with New Brunswick 'Hub' — Murphy". NJ Spotlight. Retrieved September 28, 2022.
  4. "Plans for First Phase of Much-Anticipated Hub Approved by New Brunswick Planning Board". TAPinto.
  5. "Welcome to City of New Brunswick, New Jersey". www.cityofnewbrunswick.org.
  6. NJ.com, Spencer Kent | NJ Advance Media for (October 14, 2021). "'The Hub' is coming to N.J. The research center will have no rival, Murphy says". nj.
  7. https://www.tapinto.net/towns/new-brunswick/sections/development/articles/new-brunswick-helix-project-second-phase-600k-sf-of-offices-labs
  8. "Plans Revealed for Second Phase of $731M Helix Project in New Brunswick". 5 June 2023.
  9. Makin, Cheryl. "New Brunswick redevelopment: Hub City is renewing, reinventing, reinvesting", Courier News , March 23, 2018. Accessed December 13, 2019. "Owned by the city and managed by its nonprofit New Brunswick Development Corp., the site is approved for up to 4 million square feet of commercial development that can complement local residential, retail, and entertainment growth in proximity to corporate, medical, and academic research activity and public transportation. While still years in development, The Hub now is the subject of a planning and implementation study by the state Economic Development Authority, which also has a bioscience incubation station in nearby North Brunswick. Murphy said that the EDA will recruit partners for The Hub."
  10. Goldman, Jeff (November 19, 2020). "Princeton, Rutgers among first tenants of 'The Hub', in New Brunswick". NJ Advance Media.
  11. Salant, Jonathan D. (April 19, 2022). "Could a chip manufacturer be lured to new N.J. tech hub? Biden official says yes". NJ.com.
  12. "Irish University Will Have a Home at The Hub in New Brunswick". TAPinto.