June 15, 1999
$700,000 FEDERAL GRANT TO NJIT AND NJTPA
PROMISES BOOST TO
NEWARK - June 15, 1999 -
The North Jersey Transportation
Planning Authority (NJTPA) and New Jersey Institute of Technology (NJIT)
have received a $700,000 federal grant to attract freight businesses to
abandoned industrial "brownfield" sites, a plan designed to boost the
economy of northeastern New Jersey.
U.S. Representative Bud Shuster
(R-Pa.), chairman of the House Transportation and Infrastructure
Committee, made the presentation June 14 to NJIT President Saul K.
Fenster and Paul Sauerland, NJTPA Chairman. The grant will be used to
evaluate the redevelopment potential of hundreds of vacant North Jersey
properties. Once reclaimed, these sites will accommodate anticipated
explosive growth in port sites along the Hudson River and environs.
NJIT's Northeast Hazardous Substance
Research Center will recommend to developers cost-effective ways to
improve the properties, which will play a key role in North Jersey's
future economic success.
NJIT is a public research university
enrolling nearly 8,200 bachelor's, master's and doctoral students in 76
degree programs through its five colleges: Newark College of
Engineering, School of Architecture, College of Science and Liberal
Arts, the School of Management and the Albert Dorman Honors College.
Research initiatives include manufacturing, microelectronics,
multimedia, transportation, computer science, solar astrophysics,
environmental engineering and science, and architecture and building
Yahoo! Internet Life magazine ranked
NJIT the "most wired" public university in the nation for 1998 &
1999, U.S. News and World Report's 1999 Annual Guide to America's Best
Colleges ranked NJIT among the nation's top universities, and Money
magazine's most recent issue of Best College Buys 1998 rated NJIT as the
sixth best value among U.S. science and technology schools and among the
top 100 overall.