New Brunswick Development Corporation
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Formation1976
FounderRichard B. Sellars
HeadquartersNew Brunswick, New Jersey
Key people
Christopher Paladino, President| Formation | 1976 |
|---|---|
| Founder | Richard B. Sellars |
| Headquarters | New Brunswick, New Jersey |
Key people | Christopher Paladino, President |
| Website | devco |
New Brunswick Development Corporation (DEVCO) is a 501(c)(3) non-profit urban real estate development organization created in the mid-1970s to initiate redevelopment projects and to serve as the vehicle for public and private investment in the City of New Brunswick and other New Jersey urban communities. Since its inception, Devco has overseen more than $3 billion in investment to aid in economic revitalization in New Brunswick as well as redevelopment projects in Atlantic City, Newark, and Paterson.