It was proposed in February 2005 by DEVCO as part of the Easton-Somerset redevelopment area.
[5] New Brunswick is one of nine cities in New Jersey designated as eligible for Urban Transit Hub Tax Credits by the state's Economic Development Authority.
[6] Developers who invest a minimum of $50 million within 0.5 miles of a train station are eligible for pro-rated tax credit.
[7][8] The Gateway is one such project located just to the north of station[9] and is connected by a new pedestrian bridge.
"[5] The Gateway was expected to attract residents and the university community downtown.