New Brunswick Performing Arts Center by DEVCO | New Brunswick Development Corporation

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New Brunswick Performing Arts Center

Initiative

Completed

Est.
2019

Size

486,000 SF

Development Company

New Brunswick Development Corporation, Pennrose, New Brunswick Parking Authority

Construction Company

AJD

Architect

Elkus Manfredi Architects

Investment

$172 Million

Financing

Tax-exempt debt issued through Middlesex County, Residential ERG Tax Credits, New Market Tax Credits, NBPA Bond Issuance, Partner Equity

The New Brunswick Performing Arts Center initiative has transformed New Brunswick’s Downtown Cultural Arts District ensuring that New Brunswick continues as a regional hub for the performing arts. This project includes the development of two state-of-the-art theatre spaces, dedicated rehearsal studios, office space, 207 luxury residential rental apartments, and a 344 car public parking garage.

The project is a public-private partnership that includes New Brunswick Development Corporation, Pennrose, the City of New Brunswick, Middlesex County, NJEDA, New Brunswick Cultural Center, Rutgers University, and the New Brunswick Parking Authority.

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