The Heldrich is one of New Jersey's most
significant urban economic development investments. It represents
a unique partnership among Devco, private developers, Rutgers, the
New Jersey Department of Labor, the New Jersey Redevelopment Authority,
the Casino Reinvestment Development Authority, and the City of New
Brunswick. Upon completion, The Heldrich will feature a 250-room
hotel and conference center, retail space, academic space, and luxury
condominiums. The cornerstone of this mixed-use facility occupying
almost 2-acres in the heart of the city's downtown, is the John
J. Heldrich Center for Workforce Development, the nation's first
university-based institute devoted to transforming the complex system
of workforce development at the local, state, and federal levels.
The project creates jobs and business opportunities for New Brunswick's
residents, continues the city's revitalization strategy, and strengthens
the state's economy.
completion
: 2007
location : Livingston Avenue between
George Street and New Street
size: 365,000 sq ft
occupancy: The Heldrich Hotel &
Conference Center,
Rutgers' John J. Heldrich Center for Workforce Development,
48 condominiums, street level retail space
developer: Devco, Keating Development
Company
architect: Culpepper, McAuliffe, Meaders,
Inc. [CMMI]
construction manager: Keating Building
Corporation
investment: $110 million
