Requires State agencies to vacate certain property in Trenton; allows EDA to offer incentives to private entities to locate to that property.

Summary

The bill orders any state department or agency with offices at 300 or 400 Riverview Plaza in Trenton to relocate to another site within the city and to terminate their leases. It also directs the New Jersey Economic Development Authority to promote redevelopment of the Delaware River waterfront by attracting private businesses to the vacated office space, giving them priority and enhanced incentives under existing assistance programs. The aim is to turn the prime waterfront property into a catalyst for economic growth.

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