data centers

PSEG Salem Nuclear Power Plant in Lower Alloways Creek
Apr 14, 2026

FDU Poll: NJ voters back all-of-the-above energy plan

To lower costs, New Jersey voter respondents say they support natural gas, renewables and nuclear power generation, as well as limits on data centers.

Family-owned business
Mar 17, 2026

Report: NJ enters top 10 for industrial space under construction

New Jersey improved upon last year's outlook from Commercial Cafe, with 7.5 million square feet underway, led by logistics growth.

Russo Development purpose-built the data center at 600 Commerce Blvd. in Carlstadt for a global bank. PROVIDED BY CRESA
Mar 16, 2026

Exclusive: Cresa completes 249K-sf Carlstadt data center lease for Russo

Russo Development signed a lease for 249,640 square feet of data center space in Carlstadt, supported by Cresa, amid rising demand in the New Jersey market.

CoreWeave purchased a data center site at NEST in Kenilworth.
Jan 26, 2026

Nvidia invests $2B in CoreWeave to expand global AI factories

The infusion will help the Livingston-based company accelerate more than 5 gigawatts of AI factories by 2030, expanding cloud GPU infrastructure.

Future opportunities
Jan 19, 2026

NJBIZ Looking Ahead 2026: Biggest business opportunities

New Jersey business leaders share where they see the biggest opportunities in 2026, from AI and life sciences to real estate and tourism.

Keys and contract
Dec 15, 2025

What trends will drive commercial real estate in 2026?

Jersey City and North Jersey rank among the top markets, as experts from Scarinci Hollenbeck LLC cite growth opportunities, redevelopment efforts and ongoing headwinds.

Economic development
Nov 6, 2025

NJEDA approves $93M in Aspire tax credits in Paterson, Secaucus

The clearance marks the first award for the former, while the latter also includes an inaugural OK for an industrial development under the program.

Gov. Phil Murphy signed legislation into law July 25 establishing the Next New Jersey Program, which aims to attract new investment into the state’s AI industry, providing up to $500 million in tax credits for AI businesses. The signing took place at CoreWeave in Roseland.
Sep 17, 2025

CoreWeave invests $3.4B to expand AI data centers in UK

The company will partner with NVIDIA across the pond to build compute capacity, drive innovation, and create local jobs in the tech infrastructure.

AI hologram
Aug 25, 2025

OPINION: Nation is at an AI policy crossroads – will NJ benefit?

New Jersey has the opportunity to impact the global artificial intelligence sector but needs a forward-looking energy strategy that matches the scale of the technology's electricity demand.

CoreWeave purchased a data center site at NEST in Kenilworth.
Aug 1, 2025

CoreWeave acquires NEST data center from Onyx JV for $322M (updated)

The cloud provider specializing in AI infrastructure previously leased the building at the sprawling, 2 million-square-foot mixed-use life sciences campus.

Gov. Phil Murphy met with the CoreWeave team in Roseland on April 9, 2024.
Jul 15, 2025

CoreWeave to invest $6B in new Pennsylvania AI data center

The commitment in the neighboring Keystone State will create hundreds of construction jobs, as well as full-time technical and operational roles when the facility opens.

Gov. Phil Murphy signed legislation into law July 25 establishing the Next New Jersey Program, which aims to attract new investment into the state’s AI industry, providing up to $500 million in tax credits for AI businesses. The signing took place at CoreWeave in Roseland.
Jul 7, 2025

CoreWeave strikes $9B deal to acquire Core Scientific

The Livingston-based AI hyperscaler's purchase of the data center firm target will expand its control over artificial intelligence infrastructure as well as cutting future lease costs.