Progress towards NBTS’ New Campus
April 1, 2013
The Seminary has been working on a project to construct a new campus that is technologically smart and environmentally green. The design will be welcoming and attractive, located on the corner of Seminary Place and College Avenue, and it will more fully serve our students and our mission.
After several years of planning and design, we have reached an important milestone in this project.
On April 9, 2013 we received the good news that the Economic Development Agency of the State of NJ (EDA) approved $33 million of Urban Transit Hub tax credits for a joint Rutgers/DEVCO/NBTS project.
While we still have some negotiating to do, this is a significant step toward concluding the planning stage.
To learn more about the competitive process that the EDA used to award new Urban Transit Hub tax credits that will be split among 3 very large projects, follow this link.
Dr. Mast expressed his excitement and gratitude for everyone who helped the project succeed thus far, “I wish to thank you, one and all, who have kept us in your thoughts and prayers in this very important development in our historic mission.”