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Cumberland County Economic Development Projects Showcased for EDANJ
The Economic Development Association of New Jersey (EDANJ) had the pleasure of hearing from Cumberland County economic development officials on October 13, 2015  at  the Vineland offices of  Gruccio, Pepper, De Santo & Ruth PA. Three dynamic speakers introduced attendees from all over the state to the activities in Cumberland County : Jim Watson of the County Improvement Authority; Sandy Forosisky , Vineland’s Director of Economic Development;  and Christy de Leonard of the Workforce Investment Board .  That county is very fortunate to have the economic and workforce development team that it has:  they are coordinated, visionary, and  enthusiastic.  The Workforce and Economic Development Center on the Cumberland County College campus and the Cumberland County Technical Education Center were  discussed extensively: with the Cumberland County Community College, they form the triangle that creates synergy between academics, technical and workforce development, and economic development.  The Centers  provide extensive employee training, construction financing plus a host of development and retention support services along with  career and technical education at the  high school level to meet the demands of local commerce and industry. Members may be interested in this video introducing CCTEC and illustrating the collaborative effort between workforce development and economic development.
 
EDANJ members also had the pleasure of meeting local leaders from the CEO group  at the event. Their attendance and participation was so important to the dynamics of the evening. They are true civic boosters for the county and for Vineland. EDANJ members from throughout the state were grateful to hear the Cumberland County story and the strong opinions on economic development voiced by all attendees. 
 
Let EDANJ know if you are interested in hosting an event like this in your county.  EDANJ is also considering  a follow up event that would  include a tour of successful projects and available property in Cumberland County.  Let us know if that interests you.
 
Today, our colleagues at the Southern New Jersey Development Council  shared this piece about redevelopment in Vineland:
 
Two local businessmen are proposing to convert the shuttered Cosmopolitan Restaurant, the site of several police calls over the years, into a Denny's.  Ed and Henry Roth's plan includes an almost $2.8 million renovation to the South Delsea Drive restaurant, with the city providing $1 million in Urban Enterprise Zone funds toward the project. On Tuesday, Vineland City Council voted to approve the $1 million UEZ loan to the Roth's D-4 Vineland LLC. Terms call for the loan to be repaid over 25 years at a 5 percent interest rate. UEZ funds come from state sales tax revenue. The Cosmopolitan had a liquor license, and the Roths plan to have one as well for the new restaurant. 
However, there will be a significant difference, city Economic Development Director Sandra Forosisky said. "It turned into a nightclub during the evening," Forosisky said of the Cosmopolitan. "Denny's isn't going to have a nightclub."




 
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