Crunching Numbers
Eleven
The number of statewide startups that received a total of more than $2.7 million in grant funding from the New Jersey Commission on Science, Innovation and Technology under Round Two of the Pilot Clean Tech Demonstration Grant Program.
25 years
The milestone anniversary that the Senator Walter Rand Institute for Public Affairs will be celebrating throughout 2025.
$8.6 million
The amount that the New Jersey Economic Development Authority board approved to support the development and construction of the state’s first strategic innovation center focusing on aviation innovation, the Aerospace Innovation Center in Atlantic County.
13,840
How many Camden children directly benefited through 2024’s well-child visits form Reach Out and Read New Jersey - Delaware, a local nonprofit affiliate focusing on early literacy and pediatric care.
500,000+
The square footage of the Beacon Building, a proposed office tower Camden officials unveiled last month to both revitalize the Walter Rand Transportation Center and accommodate the business district’s growth.
11%
According to New Jersey Realtors housing market data, how much the price of a single-family home rose in 2024, with the state average median sales price at $560,000.
Nine
The number of New Jersey colleges recently included on the 2025 U.S. News & World Report list of the nation’s Best Online MBA Programs, including Rowan University and Rutgers University–Camden.
15
How many groups are poised to receive a total of nearly $125,000 in support of their arts initiatives and programs after Burlington County’s commissioners approved their grant awards last month.
682,000
Per U.S. Bureau of Labor Statistics data released last month, how many NJ workers were dues-paying union members in 2024. That number represents both 16.2% of the total workforce and a slight increase from 2023.
Breakdown
A Camden-based development project was one of two in the state recently given the green light.
What Happened: During its December meeting, the board of the New Jersey Economic Development Authority (NJEDA) has approved Aspire tax credit awards to develop a mixed-use project in Camden.
What It Means: Aspire is a financing tool supporting an array of real estate development projects, and its tax credits are described by NJEDA Chief Executive Officer Tim Sullivan as “having a tangible and beneficial impact on the State’s urban communities.” The approval for Camden’s mixed-use development project—Parkside Place I and Parkside Place II—will include residential units, retail space and a federally qualified health center (FQHC), and will replace the likes of blighted properties and vacant lots along Haddon Avenue with two newly constructed buildings.
What’s Next: The four-story Parkside Place will house the FQHC, which will provide OB/GYN, family practice, pediatric, dental and behavioral care, while the ground floor of the three-story Parkside Place II will include more than 4,000 square feet of retail and office space. Upon the project’s approval, Sullivan noted that these developments “will help drive long-term growth and prosperity across the state by providing high-quality, affordable housing, as well as critical health care and social services for families and seniors.”
On the Move
Jennifer Khelil, DO, MBA, recently was promoted to executive vice president and chief clinical officer of Virtua Health. Dr. Khelil, who joined the health care system 12 years ago, previously served as its chief medical officer and vice president of medical affairs.
Last month, full-service title insurance and settlement agency National Integrity Title Agency announced that South Jersey native Sarah Hart has joined the team as director of marketing.
During its recently held 106th annual meeting, the New Jersey Hospital Association installed Mark Stauder of Hackensack Meridian Health as its board chair for 2025.
The New Jersey Health Care Institute recently welcomed two new staff members: Maxilia Desir has joined its policy team while Annelise Slater, MPH, has joined the quality improvement team.
Duly Noted
Law firm Connell Foley has reappointed Timothy E. Corriston as its managing partner for another two years, as well added three new members to its existing executive committee: George Garcia, co-chair of the real Estate and land use practice group; Leo Hurley, co-chair of the firm’s commercial litigation practice group; and Margot Wilensky, partner in the complex casualty litigation group.
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Published (and copyrighted) in South Jersey Biz, Volume 15, Issue 2 (February 2025).
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