User:Djflem/NB tallest
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New Brunswick, New Jersey, located in the central part of the state, is home to the main campus of Rutgers University and Johnson and Johnson, which built a new headquarters in 1983.[1][2][3] Both work with Devco in a public–private partnership to redevelop downtown, particularly with transit-oriented development.[4][5][6][7][8][9][10] While there no buildings over 100 meters (330 feet) in the city, since the millennium a number of high-rise residential buildings[11] clustered around New Brunswick station have joined those built in the 1960s on the city's skyline.[12][13][14][15][16] A new complex, The Hub, will contain the city's tallest buildings upon completion.[17][18]
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New Brunswick contains a number of examples of urban renewal in the United States. In the 1960s-1970s, the downtown area became blighted as middle class residents moved to newer suburbs surrounding the city, an example of the phenomenon known as "white flight." Beginning in 1975, Rutgers University, Johnson & Johnson and the local government collaborated through the New Jersey Economic Development Authority to form the New Brunswick Development Company (DevCo), with the goal of revitalizing the city center and redeveloping neighborhoods considered to be blighted and dangerous (via demolition of existing buildings and construction of new ones).[19] Johnson & Johnson decided to remain in New Brunswick and built a new world headquarters building in the area between Albany Street, Amtrak's Northeast Corridor, Route 18, and George Street, requiring many old buildings and historic roads to be removed. The Hiram Market area, a historic district that by the 1970s had become a mostly Puerto Rican and Dominican-American neighborhood, was demolished to build a Hyatt hotel and conference center, and upscale housing.[20] Johnson & Johnson guaranteed Hyatt Hotels' investment as they were wary of building an upscale hotel in a run-down area.
Devco, the hospitals, and the city government have drawn ire from both historic preservationists, those opposing gentrification[21] and those concerned with eminent domain abuses and tax abatements for developers.[22]
New Brunswick is one of nine cities in New Jersey designated as eligible for Urban Transit Hub Tax Credits by the state's Economic Development Authority. Developers who invest a minimum of $50 million within a half-mile of a train station are eligible for pro-rated tax credit.[23][24]
The Gateway tower, a 22-story redevelopment project next to the train station, was completed in 2012. The structure consists of apartments and condominiums (named "The Vue") built above a multi-story parking structure with a bridge connecting it to the station.[25] Boraie Development, a real estate development firm based in New Brunswick, has developed projects using the incentive.