Site Selection Experts Give Invaluable Advice Around Todays Competitive Climate
The Economic Development Association of New Jersey (EDANJ) and the Northeastern Economic Developers Association (NEDA) teamed to host a learning lab called “Stand Up, Stand Out – Winning Strategies in Site Selection” at the Rutgers University Business School on June 11, 2015. Key speaker — the Honorable Ras J. Baraka, Mayor of Newark — shared his vision of bringing back the Newark waterfront and situating 50-55,000 students in the Broad Street corridor to create a vibrant 24/7 urban destination area.
To share best practices on how to differentiate a community during a competitive selection process, EDANJ and NEDA called on experts. Site selector consultants from KPMG Global Location and Expansion Services (GLES), Wadley Donovan Gutshaw (WDG) Consulting, and Biggins Lacy Shapiro & Company described several attractive state labor training programs, and emphasized the importance of reviewing incentives and tax policy together for the best package.
What’s more, economic development professionals from East Orange, the City of Newark Economic Development Corporation, and Choose: New Jersey emphasized the Garden State’s geographic location as a feature that sets NJ apart as well as its positioning as a leader to “do and distribute.” Also highlighted was the importance of transportation, infrastructure and accessibility in creating urban excellence.
Pictured (left to right): NEDA Executive Director Jim Keib; NEDA president Jim
Damicis of Camoin Associates; Professor Jeff Robinson of Rutgers University
School of Business; and EDANJ President Mike Sylvester of EWMA
The event, sponsored by Langan, Choose: New Jersey, Sugarloaf Associates, and Sokol Behot, Attorneys at Law was videotaped. Web links and copies of presentations will be coming to EDANJ members soon.