Gov. Chris Christie signed a bill Tuesday that will provide up to $25 million in tax credits to Rutgers to fund facility builds scheduled as part of a grand athletics vision.
Rutgers announced in June plans to build a new multipurpose center that fills the need for a basketball practice arena and is adjacent to the Rutgers Athletic Center in Piscataway. A parking deck for shared use by Rutgers Business School is also part of the plan.
“This is a terrific head start for us on what we need to get done here with our facilities,” Rutgers Athletics Director Pat Hobbs told Gannett New Jersey.