Opportunity Newark - Initiative for a Competitive Inner City

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Table of Contents Executive Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 Cluster Action Plans Transportation, Logistics, & Distribution . . . . . . . . . . . . . . . . 26 Health Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 Education & Knowledge Creation . . . . . . . . . . . . . . . . . . . . . . 45 Entertainment, Arts & Retail . . . . . . . . . . . . . . . . . . . . . . . . 51 Business Environment Action Plans Economic Development Infrastructure . . . . . . . . . . . . . . . . . . 55 City Perception: Image and Identity . . . . . . . . . . . . . . . . . . . 62 Urban Business Investment . . . . . . . . . . . . . . . . . . . . . . . . . 67 Workforce Development Infrastructure . . . . . . . . . . . . . . . . . . 71 Implementation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78 Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79 Acknowledgements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80
Executive Summary Newark is an important economic center for the state of New Jersey. It is home to Port Newark, which, combined with the Elizabeth Marine Terminal, is the largest port on the East Coast and 3rd largest port in the country; has the largest education center in the state with over 50,000 students and faculty at its five colleges and universities; houses the premiere arts and cultural center in the state, the New Jersey Performing Arts Center; and has flourishing cultural hubs and neighborhoods, such as the Ironbound District. For more than ten years, Newark has been building upon its competitive assets leading to its current revitalization. Years of planning and investments have led to an unprecedented influx of development efforts, market-rate housing, infrastructure projects and private investments. Major redevelopment projects such as the new Newark Arena and associated hotel and retail initiatives, the Joseph G. Minish Passaic River Waterfront Park redevelopment, the minor league baseball stadium, the new Newark Light Rail Link and over 10,000 units of planned downtown housing are tangible signs of Newark’s renewal. To some, Newark is a best-kept secret. In 2000, the Washington Post called it “an unexpectedly rich day trip from…Manhattan” and said “Newark is making a slow, steady comeback.” Newark’s growing popularity coupled with the dedicated leadership of the Newark Community make now an ideal time to leverage the current momentum to enhance Newark’s burgeoning economy, and to increase the quality of life for all of Newark’s residents. What is OpportunityNewark? OpportunityNewark is an ambitious economic development initiative designed to advance Newark’s progress. It is a market-driven economic model for creating jobs and wealth for Newark’s residents by leveraging its competitive advantages to retain, attract and grow businesses. OpportunityNewark is not just about job creation, but preparing and connecting Newark residents to jobs that already exist and jobs expected in the future. What makes the initiative different from past efforts is its fact-based and inclusive approach to economic development where all aspects of the community participate in the strategy development process. Development Projects Entertainment, Arts & Leisure Newark Arena Newark Arena Hotel Sports/Entertainment Themed Retail Smithsonian Sponsored Museum of African/American Music Ice Skating Facility & Sports Fitness Center Community Theater Residential Housing University Residences Mulberry Commons Trophy Building 1180 Raymond Boulevard Hahnes/Griffith Westinghouse Branford Lofts 786 Broad Street NJPAC Residences Waterfront/Matrix Office Development Matrix – McCarter & English, 400K SF 1 Washington Square – 400K SF, Currently Undergoing Redesign 570 Broad Street – 200K SF, Completely Retrofitted ReMarketing of Gateway One – 140K SF, Replacement for FBI Infrastructure Improvements Light Rail McCarter Highway Widening Penn Station Connection Broad Street/Downtown Streetscape City Hall Restoration Urban Park Restoration/New Park Plans • Military Park • Penn Plaza/Arena Park • Minish Park • Edison Plaza OpportunityNewark: Jobs and Community Development for the 21st Century
Page 1: OpportunityNewark: Jobs and Communi
Page 5 and 6: “For too long, we have relied on
Page 7 and 8: Fig. 3: Commuting Patterns of Newar
Page 9 and 10: able to access jobs and other econo
Page 11 and 12: increase the number of port busines
Page 13 and 14: Labor shortages in Health Services,
Page 15 and 16: — premiere among them University
Page 17 and 18: this summer that will connect five
Page 19 and 20: eestablished to develop a strategy
Page 21 and 22: Newark residents and to satisfy the
Page 23 and 24: Introduction The City of Newark has
Page 25 and 26: In October 2004, Newark’s public
Page 27 and 28: Fig. 11: Newark Employment, 2003 Wh
Page 29 and 30: Fig. 13: Essex County Current & Pre
Page 31 and 32: they could address collectively and
Page 33 and 34: esources and port resources. The ma
Page 35 and 36: Health Services Inroduction Due to
Page 37 and 38: half a dozen primary care clinics i
Page 39 and 40: 2000, significantly less than the n
Page 41 and 42: facilities associated with Newark
Page 43 and 44: will help to customize the career l
Page 45 and 46: Education & Knowledge Creation Clus
Page 47 and 48: making Newark a well-known technolo
Page 49 and 50: to improve the technology education
Page 51 and 52: Entertainment, Arts & Retail Introd
Page 53 and 54:
• The Smithsonian-sponsored Afric
Page 55 and 56:
Economic Development Infrastructure
Page 57 and 58:
Fig. 24: Map of Newark’s Future L
Page 59 and 60:
• Plans are underway to convert t
Page 61 and 62:
Initial fundraising will focus on s
Page 63 and 64:
Crime and Safety in Newark Despite
Page 65 and 66:
of the Urban Enterprise Zone (NOUEZ
Page 67 and 68:
Urban Business Investment Introduct
Page 69 and 70:
Research indicates that inner city
Page 71 and 72:
Workforce Development Infrastructur
Page 73 and 74:
Fig. 29: Top Employment Gains and L
Page 75 and 76:
to employers. 118 Furthermore, the
Page 77 and 78:
ates, and help transition incumbent
Page 79 and 80:
Conclusion Newark is an important e
Page 81 and 82:
OpportunityNewark Project Managemen
Page 83 and 84:
Stephanie McCluney, Newark Departme
Page 85 and 86:
Dorne Edwards, Bovis Lend Lease Dan
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