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New Jersey Awards $271 Million in Tax Incentives to HELIX Innovation Hub

Development in New Brunswick Aims To Make Garden State a Science Leader Again
Plans for the innovation hub in New Brunswick were unveiled by New Jersey Gov. Phil Murphy in 2018. (Devco)
Plans for the innovation hub in New Brunswick were unveiled by New Jersey Gov. Phil Murphy in 2018. (Devco)
CoStar News
February 9, 2023 | 10:52 P.M.

A $750 million project that aims to make New Jersey a hub and incubator for scientific innovation has been awarded $271.2 million in tax incentives from the Garden State, which is trying to compete with Silicon Valley and Cambridge, Massachusetts.

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