New Brunswick Development Corporation (Devco) is a tax-exempt 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

 

 

120 Albany Street     Tower 1, 7th floor          New Brunswick New Jersey 08901          directions
  
 
t: 732.249.2220          f: 732.249.4671