Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two

PLAINFIELD

Where Urban Chic Meets Suburban Charm

A SUSTAINABLE LIVE, WORK, PLAY ECOSPHERE

Mayor Adrian O. Mapp

One Plainfield, One Future

Valerie Jackson – Director of Economic Development

Carlos N. Sanchez – Business Administrator

The Plainfield VisionIntentional Development to Bolster the Local Economy


• 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

Plainfield at a Glance


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

Economic Development To-DateLeveraging Development Projects to boost the local economy and aid in job creation


• 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



Second Street Youth Center

Access Self Storage



• 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

Taxes for Completed or Under Construction Projects


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


ABC Supply Company

ACCESS Self Storage

The ARTS LOFT

Investor Confidence


Investor ConfidenceQuin Sleepy Hollow

Muhlenberg Medical Complex

Investing In Our Future


$1.7M Turf Facility - Seidler Field

Madison Avenue SkatePark

Boundless Opportunity

Private Investment in the Pipeline


• 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

Delicious Plainfield


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

Delicious Plainfield


Plainfield is home to over 125 ethnic eateries

Latin

Caribbean

Soul food

Italian

Chinese

American

Peruvian

Next Steps for Economic Development


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

Next Steps for Economic Development


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

Upcoming Development Projects


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

Where do you come in?


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

Why Plainfield?


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

Why Plainfield?


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


Plainfield a Sustainable Live, Work, Play Ecosphere€¦ · Competitively priced commercial and residential real estate –Historic and modern Transit Oriented Development • Two

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