Requires State agencies to vacate certain property in Trenton; allows EDA to offer incentives to private entities to locate to that property.

This bill requires New Jersey state agencies currently located at 300 and 400 Riverview Plaza in Trenton to relocate to new office spaces within the city as soon as reasonably possible. It directs the New Jersey Economic Development Authority (EDA) to actively recruit private businesses to occupy the vacated office space and prioritize them for EDA’s existing business assistance programs. The EDA is authorized to modify its programs - such as the Grow New Jersey Assistance Program - to offer enhanced incentives, including bonuses, to private entities moving into the vacated buildings. The goal is to redevelop the Riverview Plaza area, a centrally located site near the Delaware River and Route 29, to encourage business growth and community development.