HELIX (New Brunswick, New Jersey)

The Hub
HELIX (New Brunswick, New Jersey) is located in New Brunswick, NJ
HELIX (New Brunswick, New Jersey)
Location within New Brunswick, NJ
HELIX (New Brunswick, New Jersey) is located in New Jersey
HELIX (New Brunswick, New Jersey)
HELIX (New Brunswick, New Jersey) (New Jersey)
General information
TypeMixed-use highrise
LocationNew Brunswick, New Jersey, U.S.
Coordinates40°29′47″N 74°26′47″W / 40.496389°N 74.446389°W / 40.496389; -74.446389
Completed2026 (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] It is planned to contain three buildings: H-1, H-2, and H-3.

Location and buildings

The site was formerly the Ferren Mall, which opened in 1982, was later abandoned and demolished in 2017. It is across the street from the New Brunswick station, served by NJ Transit's Northeast Corridor Line and several Amtrak trains.[3]

H-1: The first phase of HELIX is a 13-story 574,000 square feet building which will house the New Jersey Innovation HUB, Rutgers Robert Wood Johnson Medical School, and a Rutgers translational research facility. It includes retail space, a 10,000-square-foot market hall with food options and a 3,000-square-foot restaurant that opens onto a 70-foot-wide plaza. Ground was broken $650 million project in October 2021.[4] It is expected to be completed in 2025[5][6] Construction began July 2023.[7] It was topped out in September 2024.[8]

H-2: Designed by HDR, Inc., the second portion of HELIX includes 600,000 square feet of build-to-suit lab and office space.[9] On December 11, 2023 Nokia announced plans to relocate Nokia Bell Labs to the HELIX as the sole tenant of H-2.[10][11]

H-3: The third phase of the project will include a 42-story mixed used building, including 220 units of housing.[12][9][13]

Stakeholders and tenants

The New Jersey Economic Development Authority, which provided tax credits,[14] and the New Brunswick Development Corporation (DEVCO) are partners in the project.[15] Part of the project will be dedicated to translational research. Tenants (and potential chip manufacturer[16]) will include:[17]

See also

References

  1. ^ Bergeron, Tom (20 October 2021). "Why Hub is just latest success for innovation in N.J." ROI-NJ.
  2. ^ "New Brunswick's HELIX: Crown jewel of New Jersey". Capital Analytics Associates. 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. ^ O'Donnell, Chuck (July 13, 2022). "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. ^ Kent, Spencer (October 14, 2021). "'The Hub' is coming to N.J. The research center will have no rival, Murphy says". NJ Advance Media for NJ.com.
  7. ^ "Construction Begins on New Brunswick's HELIX Innovation District". Tradeline. July 14, 2023.
  8. ^ https://re-nj.com/devco-set-to-top-out-first-phase-of-helix-project-hailing-a-key-milestone-with-more-to-come-at-distinctive-new-brunswick-campus/
  9. ^ a b Fry, Chris (June 5, 2023). "Plans Revealed for Second Phase of $731M Helix Project in New Brunswick". Jersey Digs.
  10. ^ Burd, Joshua (December 11, 2023). "Nokia Bell Labs moving to New Brunswick as sole tenant at new 360,000 sq. ft. research, office tower at city's HELIX campus". Real Estate NJ.
  11. ^ "Nokia unveils plans for new state-of-the-art research and development facility for Nokia Bell Labs in New Brunswick, New Jersey technology hub" (Press release). Nokia. December 11, 2023.
  12. ^ O'Donnell, Chuck (May 22, 2023). "New Brunswick HELIX Project Second Phase: 600K SF of Offices, Labs". TAPinto. Retrieved July 23, 2023.
  13. ^ "Plans Announced for Phase II of HELIX in New Brunswick". New Jersey Business Magazine. May 22, 2023.
  14. ^ "HELIX in New Brunswick Becomes First Project Approved under the Aspire Tax Credit Program". New Jersey Economic Development Authority. 9 February 2023.
  15. ^ Makin, Cheryl (March 23, 2018). "New Brunswick redevelopment: Hub City is renewing, reinventing, reinvesting". Courier News. Retrieved 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.
  16. ^ Salant, Jonathan D. (April 19, 2022). "Could a chip manufacturer be lured to new N.J. tech hub? Biden official says yes". NJ.com.
  17. ^ Goldman, Jeff (November 19, 2020). "Princeton, Rutgers among first tenants of 'The Hub', in New Brunswick". NJ Advance Media.
  18. ^ O'Donnell, Chuck (April 25, 2022). "Irish University Will Have a Home at The Hub in New Brunswick". TAPinto.