Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and...
Transcript of Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and...
![Page 1: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/1.jpg)
PLAINFIELD
Where Urban Chic Meets Suburban Charm
A SUSTAINABLE LIVE, WORK, PLAY ECOSPHERE
![Page 2: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/2.jpg)
Mayor Adrian O. Mapp
One Plainfield, One Future
Valerie Jackson – Director of Economic Development
Carlos N. Sanchez – Business Administrator
![Page 3: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/3.jpg)
The Plainfield VisionIntentional Development to Bolster the Local Economy
One Plainfield, One Future
• We enhance economic activity by incentivizing partnership with investors and streamlining the application process
• We attract targeted investments that directly result in greater economic activity and a higher standard of living
• We advocate embracing new and connective technologies such as bike share programs, our two train stations, social media services such as Yelp and Uber Eats
![Page 4: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/4.jpg)
Plainfield at a Glance
One Plainfield, One Future
Where Opportunity Meets Diversity
49% of the population speaks Spanish
1:1 Male to Female Ratio
Median Household Income - $55,657
Median Age – 34.4
Median Property Value - $235,300
Economy of Plainfield employs 25,311 people
![Page 5: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/5.jpg)
Economic Development To-DateLeveraging Development Projects to boost the local economy and aid in job creation
One Plainfield, One Future
• Tax ratables are increased as projects are completed and all development projects generate higher taxes for the municipality
• We increase economic development by attracting new businesses and residents to the City through incentivized programs
• During construction phase of projects, temporary jobs are created; at least 300 jobs created to date
![Page 6: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/6.jpg)
Economic Development To-DateLeveraging Development Projects to boost the local economy and aid in job creation
One Plainfield, One Future
Second Street Youth Center
Access Self Storage
![Page 7: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/7.jpg)
Economic Development To-DateLeveraging Development Projects to boost the local economy and aid in job creation
One Plainfield, One Future
• Approximately 100 permanent jobs created• Developers use local vendors, sub- contractors and local residents when appropriate• Public/Private partnerships for day care and youth facilities• Community benefits include improvements to streets, surface parking, parks, and
funding for education and community initiatives
![Page 8: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/8.jpg)
Taxes for Completed or Under Construction Projects
One Plainfield, One Future
Payments In Lieu of Taxes (PILOT)
Development Project Taxes Prior to Development Taxes Post Development
South Second Street Youth Center Tax Exempt $1.6M
Sleepy Hollow $3.5M $10.3M
South Second Street (city-owned) 0 $4.8M
Muhlenberg Hospital Site Tax Exempt $10.3M
Total $3.5M $27.2M
![Page 9: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/9.jpg)
One Plainfield, One Future
ABC Supply Company
ACCESS Self Storage
The ARTS LOFT
Investor Confidence
![Page 10: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/10.jpg)
One Plainfield, One Future
Investor ConfidenceQuin Sleepy Hollow
Muhlenberg Medical Complex
![Page 11: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/11.jpg)
Investing In Our Future
One Plainfield, One Future
$1.7M Turf Facility - Seidler Field
Madison Avenue SkatePark
![Page 12: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/12.jpg)
Boundless Opportunity
Private Investment in the Pipeline
One Plainfield, One Future
• Half a Billion Dollars in the pipeline• 1500 residential units• Nearly 400K square feet of retail• Ability to attract transit dependent
residents• Creating an urban, pedestrian supportive
environment• Improving quality of life and livability for
current residents
![Page 13: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/13.jpg)
Delicious Plainfield
One Plainfield, One Future
Plainfield is home to over 125 ethnic eateries
LEVERAGING TECHNOLOGY - Uber Eats, Yelp, and Limebike bring our dining options closer to our residents and neighbors in surrounding municipalities
![Page 14: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/14.jpg)
Delicious Plainfield
One Plainfield, One Future
Plainfield is home to over 125 ethnic eateries
Latin
Caribbean
Soul food
Italian
Chinese
American
Peruvian
![Page 15: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/15.jpg)
Next Steps for Economic Development
One Plainfield, One Future
Creating a Sustainable Mixed Income Community Through our Housing and Commercial Development
✓ Commercial and residential investment continues to be strong✓ Attracting National brands✓ Growing arts and cultural community
• Plainfield Symphony• DuCret School of Art• Plainfield Arts Council• Ten Historical Districts
✓ Diversity of residents, businesses and incomes✓ UEZ designated city attractive to small business investors
![Page 16: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/16.jpg)
Next Steps for Economic Development
One Plainfield, One Future
Creating a Sustainable Mixed Income Community Through our Housing and Commercial Development
✓ Easy access to major highways and Newark International Airport is only 20 minutes away
✓ Opportunity Zones✓ Competitively priced commercial and residential real
estate – Historic and modern
✓ Transit Oriented Development• Two Train Stations – Plainfield & Netherwood• Pursuing Permanent One-Seat Ride into NYC• Providing Transportation Options – Lime Bike
![Page 17: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/17.jpg)
Upcoming Development Projects
One Plainfield, One Future
The Progress Continues
❖347-435 East Third Street• 148 residential units
❖TODD West – West Front Street, Central Avenue and Second Street• Nearly 400 residential units• 52K SF of retail• Banquet facility
❖Third and Richmond (Near Union County College)• Residential • Retail
❖1000 North Avenue• 120 residential units• Retail
❖829 South Avenue• 70 residential units• 5k SF of retail
❖South Avenue East• Residential• Retail development
❖E-Paul (South Avenue)• Residential• Retail • Restaurant
![Page 18: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/18.jpg)
Where do you come in?
One Plainfield, One Future
We need your help as we transform Plainfield into a Shopping and Dining Destination
WE WANT TO:1. Attract new shoppers by
• Having targeted events• Creating a retail experience
2. Help existing retailers become more sophisticated3. Create a dining and shopping destination4. Transform downtown shopping area into a technology smart, walking mall5. Create communal areas for eating and entertaining
![Page 19: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/19.jpg)
Why Plainfield?
One Plainfield, One Future
Where Urban Chic meets Suburban Charm
✓Visionary Leadership✓Economic Renaissance✓Streamlined approval processes✓Professional SOP’s✓Historic Homes✓Millennial Lifestyle✓World cuisine✓Two (2) Train Stations✓Diverse Community
![Page 20: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/20.jpg)
Why Plainfield?
One Plainfield, One Future
Where Urban Chic meets Suburban Charm
✓Evolving healthy lifestyles✓Dockless bike share program opens the city to
everyone✓Exciting Arts and Culture movement✓Investment opportunities (Retail and
Residential)✓One podcast away from NYC by train or bus✓20 minutes from Newark International Airport✓Unlimited potential, limitless opportunity
![Page 21: Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two](https://reader036.fdocuments.us/reader036/viewer/2022081405/5f0b52ce7e708231d42ff339/html5/thumbnails/21.jpg)
One Plainfield, One Future