New Brunswick Development Corporation (Devco) is a 501(c)(3) urban real estate development company created in the mid-1970's to initiate redevelopment projects and to serve as the vehicle for public and private investment in the City of New Brunswick.

Since its inception, Devco has overseen more than $1.6 billion in investment to aid in New Brunswick's economic revitalization. Currently, Devco has under development approximately 2.5 million square feet of redevelopment projects, representing more than $450 million of new investment.

Our accomplishments are a direct result of our adherence to a specific set of guiding principles.

To serve as a catalyst for revitalization To seek opportunities To restore the urban lifestyle To create public-private partnerships To utilize innovative financing solutions To leverage a variety of resources To develop multiple-use facilities To respond to changing priorities To focus on the whole urban core