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Meadowlands Guide 2018

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Meadowlands Guide 2018 2018 The Meadowlands Economic Development & Relocation Guide The Business Resource Guide for the Greater Meadowlands Region Business Grows Here. Just miles from New York City and in the heart of the Northeast Corridor. Photo by Lauren Turiello Economic Profile: Metrics, Magnitude & Movement Photo by Jair Cabal Key Sector Updates Movement In The Meadowlands: Relocations & Expansions Resources & Information For Incoming Businesses This publication is Meadowlands 2040 Foundation: Board of Trustees brought to you by Leadership, Vision, Education, Action “View and study a map of the world and zero in on where the earth’s economic sphere of influence exists and the Meadowlands and its surrounding region glows as the world’s economic center of gravity,” comments 2040 Foundation Board Member Senator Anthony Scardino. Chairman Fletch Creamer Vice Chairman Rich Branca, CEO of Dominick D’Agosta The Meadowlands 2040 Foundation is excited to present another of J. Fletcher Creamer Bill Hanson of Bergen Engineering a former senior edition of this guide, aimed at highlighting the thriving business climate & Son NAI James E. Hanson banking executive of the Greater Meadowlands Region. The 2040 Council was established in 2009 as an economic development “think tank” comprised of leaders from small to large companies who have invested mightily here in the Meadowlands. The purpose of this initiative was to discuss “big picture” issues that affect the economy and to collaboratively create a vision plan that advances the region through the year 2040. Topics of discussion include transportation infrastructure & mobility, flood control, education & workforce development, the regulatory environment and overall economic development. Alex Klatskin, Jim Napolitano, Ed Russo, John Saraceno, CEO of Forsgate James R. Napolitano CEO of Russo Principal of Onyx Now a full installed foundation, one of the driving goals for the Industrial Partners Development Equities 2040 Foundation is to enhance the local economy by strengthening the workforce and improving the overall quality of life for the Meadowlands community. The 2040 Foundation helps promote awareness of workforce training programs to ensure that our region maintains high quality human capital to meet the needs of growing businesses. An educated and highly developed workforce retains existing companies and entices new businesses to relocate or invest in the Meadowlands. The group is comprised of prominent business leaders that have deep roots here in the region—and a strong commitment to improving Senator Anthony Peter Unanue, Jim Kirkos, CEO of the area for those who live and work here. Scardino Jr., former COO of Goya Foods Meadowlands Regional Today the Meadowlands Regional 2040 Foundation has a ten Mayor & NJ Senator of Chamber Anthony Scardino & member board of trustees led by Chairman Fletch Creamer of J. Fletcher Associates, Inc. Creamer & Son and Vice Chair Bill Hanson of NAI James E. Hanson. Published By: Meadowlands 2040 Foundation Supported By: Forsgate Industrial Partners NJM Insurance Group PSEG 12 22 36 Production Partners: Meadowlands Regional Chamber, Meadowlands Liberty Convention & Visitors Bureau 6 Snapshot of the Greater Meadowlands Region Meadowlands Publishing/Meadowlands USA 8 Metrics, Magnitude & Movement: Facts & Stats 201 Route 17 North Rutherford NJ 07070 12 Focus On The Municipalities (201) 939-0707 www.meadowlands.org 18 Bergen County At Your Fingertips Managing Editor: 20 Hudson County Works For You Joe Garavente, Meadowlands Publishing 22 Made In The Meadowlands: A Manufacturing Mainstay Advertising Director: Martha Morley, Greer Enterprises, Inc. 24 LIVE From The Meadowlands: Hospitourism Design: 28 Keeping The Meadowlands Healthy: Healthcare & Social Services Evan Eagleson, Eighty6 30 Food Industry: Production, Manufacturing & Distribution Distribution Partners: New Jersey Economic Development Authority, 32 Life & Health Sciences: Chemical, Pharmaceutical & Laboratory Choose New Jersey, Bergen County Economic Development Corporation, Hudson County 36 Relocations & Expansions: Movement In The Meadowlands Economic Development Corporation, The Retail, Hospitality and Tourism Talent Network, 42 Your Business Resource Partners New Jersey Sports & Exposition Authority If you would like more copies of this guide, please contact Meadowlands Publishing at (201) 939-0707. MEADOWLANDS RELOCATION GUIDE 2017 meadowlands.org 3 The Meadowlands is home to Teterboro Airport (pictured here), and nearby to Newark Liberty International Airport (just 10 miles away). Discover how your business can grow in the Greater Meadowlands region. he Greater Meadowlands region is an economic powerhouse that positions local Tbusinesses right outside New York City and in the very heart of the bustling Northeast Corridor. Our ideal location also situates businesses along some of the country’s most frequented transit networks of road, rail, sea and air. With a high density market right here and well over 50 million consumers within a day’s drive, it is a perfect spot for commerce. The Meadowlands is a thriving environment of immense financial resources and unlimited prospects. We boast a strong economic climate cultivated by our ideal location, invaluable human capital pool and developed infrastructure The Meadowlands proudly hosts not just an ecosystem of rebounding, flourishing nature but also a surging ecosystem of profound economic opportunity and boundless connections. An industrial view from the Meadowlands, We invite you to discover how your business can grow with us in the Meadowlands. looking north from Kearny. Business and nature meet in the Meadowlands. The area is teeming with ecotourism opportunities accessible to residents and visitors year-round. We proudly host acres The Meadowlands is serviced by NJ Transit’s extensive network of rail and bus routes. of trails, estuaries and protected marshlands. PUBLISHED BY: BY: SUPPORTED A THRIVING ECOSYSTEM OF ECONOMIC OPPORTUNITY Home to the largest business growth & GDP growth in New Jersey. –SmartAsset QUICK STATS Total Population: 964,665 people Median Household Income: $72,280 Labor Force: 514,955 people Number of Employers: 41,291 Office & Industrial Space: Over 25 million sq. ft. in the Greater Meadowlands region (excluding 14.5 million sq. ft in Jersey City); Over Discover how your business can grow in the Meadowlands. 40 million sq. ft. in total ADVANTAGES & BENEFITS Ideal location just miles outside of Manhattan—right along the New Jersey Turnpike and in the heart of the Northeast Corridor Well-developed infrastructure and transit system complement and enable business businesses to capitalize on the ideal location—Easy access to other markets nearby and abroad Home to Teterboro Airport, and nearby to Newark Liberty International Airport (just 10 miles away), LaGuardia Airport (16 miles) and John F. Kennedy International Airport (21 miles) Pictured here is Park Avenue in Rutherford. The Meadowlands hosts Adjacent to Port of New York and New Jersey, the largest port on the several downtown business districts. East Coast and the second busiest in North America—Home to an abundance of international businesses Well-educated and highly trained workforce; 41.5% of population has a bachelors degree 68% of population under the age of 50 Aggressive economic development programs, with over $1 billion in investment incentives at work Highly dense and diverse population with strong consumer spending LIVE from the Meadowlands. The Meadowlands Sports & Entertain- ment Complex in East Rutherford is home to MetLife Stadium, New indicators 22 percent higher than national average in the United States York Giants, New York Jets, Meadowlands Racing & Entertainment and more projects to come. Photo by Anthony Quintano. For more information contact (201) 939-0707 or email [email protected] A special thank you to our economic development partners (see page 42) SUPPORTED BY: SUPPORTED The Greater Meadowlands: Measurements, Magnitude & Movement he Greater Meadowlands Region is an economic engine. Al- Here are some key facts, fi gures & information for the Mead- though we are just a few miles away from Manhattan and are owlands: Twell-connected to the entire metropolitan region, we are more than just New York City’s backyard. We are a well-established, vi- People brant, thriving and welcoming business community. We host not The total population covered by the Meadowlands is 964,600 peo- just an ecosystem of rebounding, fl ourishing nature but also a surg- ple (697,884 people without Jersey City, the second largest city in ing ecosystem of profound economic opportunity and boundless the state) and the median age is 38, which is slightly younger than connections. the 39 year median age of New Jersey overall, according to Census data. The Meadowlands is home to 964,600 people. Educational Attainment We have a highly educated population and the majority of the peo- We are home to the largest business growth & GDP growth ple in the Meadowlands has completed at least a high school de- in New Jersey, according to SmartAsset. Businesses choose the gree. 41.5 percent of the population has completed a college degree, Meadowlands for its location, business connections, transportation, compared with approximately 33 percent of the American popula- workforce, cultural diversity and quality of work & life. tion overall according to Census data. “Home to the largest business growth & GDP growth in New Jersey.” –SmartAsset [Hudson & Bergen Counties] We are known internationally
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