Author Archives

  • Energy firms predict cheaper wind power

    The cost of offshore wind projects will go down as more large wind farms go up off New Jersey and other East Coast states, predicted representatives of companies in line to build them off New Jersey. They presented information about their companies and projects Tuesday at the New Jersey Offshore Wind Energy Forum at Stockton […]

  • Avalon approves $26.8 million 2016 budget with no local tax increase

    Avalon Council approved a $26.8 million municipal budget last week that contains no increase in the local purpose tax rate while funding major capital improvements. The local tax rate remains at 22.6 cents per $100 of assessed valuation. That means the owner of an average $1.3 million home will pay $2,938 in local property taxes. […]

  • Surprise Decision Gives Pepco-Exelon Merger Regulatory Green Light

    The nation’s largest utility appears to be gaining a bigger foothold in New Jersey. In a surprise decision, the District of Columbia Public Service Commission narrowly approved a merger between Pepco Holdings, Inc., the owner of Atlantic City Electric, and Exelon. For the more than half a million customers of Atlantic City Electric, the merger […]

  • Zoning change would allow Toms River hotel

    A proposal to change the zoning on a piece of Oak Avenue land to allow a 112-room hotel and restaurant is headed back to the Planning Board after the Township Council chose not to vote on the zone change Tuesday. Livingston-based The Briad Group has requested the zoning change to allow development of the four-story […]

  • Rowan president looks to help students get state tuition aid grants

    The president of Rowan University wants to help more New Jersey college students get state Tuition Aid Grants that provide thousands of dollars a year to help pay for college. But to do that , Ali Houshmand says the state must change the way it funds the program, which now gives students who attend private […]

  • $44M project gets final site approval in Evesham

    Evesham Township officials recently gave a $44 million redevelopment project the green light to move forward. The project, called Barclay Chase at Marlton, is set for 880 Route 70 East and Evesboro-Medford Road, along what was formerly known as the Aristone Tract. The plans call for a multibuilding apartment complex with 264 apartments and a […]

  • Business Park ready to grow at Cape May Airport

    The business park at Cape May Airport is finally taking off after years of effort by county and state officials. The Delaware River and Bay Authority, which owns and operates the airport, said it is running out of space for business leases at the airport business park off Breakwater Road. It’s considering building new office […]

  • Rowan approves $11.5 million land sale to Inspira

    Rowan University trustees agreed Tuesday to sell 100 acres for $11.5 million to Inspira Health Network, which plans to build a hospital in the area west of the university’s main campus in Glassboro. The deal’s cost is $2 million higher than when it was first proposed to Rowan trustees two months ago, because of a […]

  • Folsom still benefits in S.J. Gas move to A.C., CEO says

    South Jersey Industries believes a state-of-the-art headquarters overlooking the ocean in Atlantic City, with access to nearby hotels and entertainment, will help attract the best workers to its South Jersey Gas subsidiary. But SJI will keep its own headquarters here, and the company will renovate the 45-year-old building with many of the same amenities as […]