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MEADOWLANDS The
Economic Development & Relocation Guide The Business Resource Guide for the Greater Meadowlands Region
Resilience, Strength, Progress. Resources & Intelligence for Incoming and Local Businesses Economic Profile: Metrics, Magnitude & Movement Data From Our 32 Municipalities Featuring Key Relocation, Expansion and Investment Insights From • Bergen County • Choose: New Jersey
Open for Business.
Grow With Us.
GROW YOUR BUSINESS More than 300 companies in New Jersey use EZ Ride transportation services to grow
AFFORDABLE. RELIABLE. SAFE
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Vanpools
Safe and reliable shuttle service to destinations throughout New Jersey will benefit your emplyees, residents, tenants or members.
Rideshare matches save commuters time and money. We even provide solutions for emergency rides home so no one is ever stranded.
Vanpooling is an excellent solution, for affordable and comfortable trips to farther worksites.
Ryde4Life
Bike/Pedestrian
Statewide, on demand, low cost personal transportation with Lyft & Uber. Service for adults 18 years or older. Smart phone not required.
EZ Ride promotes health and active living, safety, bike and pedestrian programs. Discover how you can partner with us to implement a program in your community.
Call 201.939.4242 or visit ezride.org
HACKENSACK UNIVERSITY MEDICAL CENTER
THE ONLY PLACE WITH NJ’S #1 ADULT AND CHILDREN’S HOSPITALS
We are honored that U.S. News & World Report has ranked Hackensack University Medical Center and Joseph M. Sanzari Children’s Hospital as the #1 adult and children’s hospitals in New Jersey. Hackensack University Medical Center is also proud to be home to the state’s best cancer center, and three specialties ranking in the top 50 nationally, including Cardiology & Heart Surgery, Neurology & Neurosurgery and Urology. And we’re among the state’s best for Geriatrics, Orthopedics and Gastroenterology & GI Surgery. Now more than ever, being recognized among the best only inspires us to keep getting better. Learn more at HackensackMeridianHealth.org.
Here when you need us most. Now and always. We’re making it easier to get the care you need, like chatting with a nurse or having a virtual doctor visit 24/7 at no cost.
HorizonBlue.com/Coronavirus
Horizon Blue Cross Blue Shield of New Jersey is an independent licensee of the Blue Cross and Blue Shield Association. The Blue Cross® and Blue Shield® names and symbols are registered marks of the Blue Cross and Blue Shield Association. The Horizon® name and symbols are registered marks of Horizon Blue Cross Blue Shield of New Jersey. © 2020 Horizon Blue Cross Blue Shield of New Jersey. Three Penn Plaza East, Newark, New Jersey 07105
This publication is brought to you by
Strength, Resilience & Progress Leadership | Vision | Education | Action
T
he Meadowlands 2040 Foundation, the public affairs and economic development subsidiary of the Meadowlands Chamber, is pleased to present you with another edition of this guide, aimed at showcasing the vibrant economy of the Greater Meadowlands Region – a strong and resilient ecosystem of economic progress. This guide is intended to be a valuable resource for those relocating to or prospectively researching the Meadowlands as a site for relocation, expansion and investment.
Table of Contents 4
Snapshot of the Greater Meadowlands Region
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Focus on the Municipalities
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14
Metrics, Magnitude & Movement: Facts & Stats
Bergen County: Office, retail and industrial markets are still going strong. Not to mention our malls.
28 New Jersey: The State of Innovation
Published By: Meadowlands 2040 Foundation, Inc. Supported By: Forsgate Industrial Partners, Hackensack Meridian Health & PSE&G Production Partners: Meadowlands Chamber Meadowlands Live! Convention & Visitors Bureau Meadowlands Media/Meadowlands Magazine 1099 Wall Street Suite #100 Lyndhurst NJ 07071 (201) 939-0707 www.meadowlands.org Director of Publications & Communications: Joe Garavente, Meadowlands Media (201) 939-0707, JGaravente@meadowlands.org Advertising: Martha Morley, Greer Enterprises, Inc. (201) 493-7996, greerentps@aol.com
‘Economic center of gravity’ “View and study a map of the world and zero in on where the earth’s economic sphere of influence exists and the Meadowlands and its surrounding region glows as the world’s economic center of gravity,” comments 2040 Foundation Board Member Senator Anthony Scardino. In 2009, the Meadowlands 2040 Council was established as an economic development “think tank” comprised of leaders from small to large companies who have invested heavily here in the Meadowlands because they believe in the vast opportunities the region has to offer. The aim of this initiative was to illuminate “big picture” issues that affect the economy and to collaboratively create a vision plan that advances the region through the year 2040. Topics of discussion include transportation infrastructure and mobility, flood control, education and workforce development, the regulatory environment and overall economic development here in the region. We’re open for business Now operating as a fully installed foundation, one of the driving goals for the 2040 Foundation is to enhance the local economy by strengthening the workforce and improving the overall quality of life for the Meadowlands community. The 2040 Foundation helps promote awareness of workforce training programs to ensure that our region maintains high quality human capital to meet the needs of growing businesses. An educated and highly developed workforce retains existing companies and entices new businesses to relocate or invest in the Meadowlands. Since the onset of the COVID-19 pandemic, the 2040 Foundation has been providing support to the Meadowlands Chamber, working tirelessly to power the economy through to recovery. The group is comprised of prominent business leaders that have deep roots here in the region—and a strong commitment to improving the area for those who live and work here. Today the Meadowlands Regional 2040 Foundation has a ten-member board of trustees led by Chairman Fletch Creamer of Creamer Environmental and Vice Chair Bill Hanson of NAI James E. Hanson.
Meadowlands 2040 Foundation: Board of Trustees
Chairman Fletch Creamer of Creamer Environmental
Vice Chairman Bill Hanson of NAI James E. Hanson
Rich Branca, CEO of Bergen Engineering
Angelo J. Genova, Partner & Chairman of Genova Burns
Amy Herbold, Director of Development of American Dream
Alex Klatskin, CEO of Forsgate Industrial Partners
Ed Russo, CEO of Russo Development
John Saraceno, Principal of Onyx Equities
Senator Anthony Scardino Jr., former Mayor & NJ Senator of Anthony Scardino & Associates, Inc.
Debra Tantleff, Principal of TANTUM Real Estate
Peter Unanue, COO of Goya Foods
Jim Kirkos, Meadowlands Chamber
Design: Stephanie Kowalsky, Eighty6 Publication Partners: Bergen County Division of Economic Development, Choose NJ If you would like more copies of this guide, please contact Meadowlands Media at (201) 939-0707.
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2022
MEADOWLANDS The
REGION
W
OPEN FOR BUSINESS.
ell-located just a few miles outside of New York City and nestled in the very heart of the bustling Northeast Megalopolis, the Meadowlands’ prime location offers businesses convenient access to some of the country’s most frequented networks of road, rail, sea and air transportation. The Northeast Megalopolis (also known as the Northeast Corridor or the Boston–Washington corridor) is the most populous and industrialized region of the United States. And when you look at a map of this expansive urban agglomeration, the Meadowlands in particular stands out for two unique reasons: We are at the region’s geographic core and we host the central point of Megalopolis’s main thoroughfare Interstate 95, locally called the New Jersey Turnpike.
With our own high-density marketplace right here and access to well over 50 million consumers accessible within just a day’s drive, the Meadowlands is a thriving environment of immense financial resources and unlimited prospects—and is a highly sought-after spot for businesses to relocate to, start up or expand. Businesses flock here to capitalize on the ideal location, advanced infrastructure invaluable and highly-skilled human capital pool. The Meadowlands proudly hosts not just an ecosystem of rebounding, flourishing nature but also a surging ecosystem of profound economic opportunity and boundless connections. We’re open for business. And we invite you to discover how your organization can grow with us here in the Meadowlands.
LOCATED IN THE NO. 1 ‘BEST STATE TO LIVE’ IN THE U.S.
–WalletHub
(New Jersey)
PUBLISHED BY:
SUPPORTED BY:
HOME TO THE LARGEST BUSINESS GROWTH & GDP GROWTH IN NEW JERSEY.
–SmartAsset
(Hudson & Bergen Counties)
WHY THE MEADOWLANDS?
Well-educated and highly trained workforce; 41.5% of population has a postsecondary degree (associates, bachelors or masters)
QUICK STATS
Total Population: 1,009,122 people Median Household Income: $81,666 Labor Force: 519,359 people Number of Employers: 41,120 Office & Industrial Space: Over 40 million sq. ft. in total (Over 25 million sq. ft. in the Greater Meadowlands region and 14.5 million sq. ft. in Jersey City)
Well-developed infrastructure and transit system to complement and enable businesses to capitalize on the ideal location—Easy access to other markets nearby and abroad Ideal location just miles outside of Manhattan— right along the New Jersey Turnpike and in the heart of the Northeast Corridor Highly dense and diverse population with strong consumer spending indicators 22% higher than national average in the United States Home to Teterboro Airport, and nearby to Newark Liberty International Airport (just 10 miles away), LaGuardia Airport (16 miles) and John F. Kennedy International Airport (21 miles) Adjacent to Port of New York and New Jersey, the largest port on the East Coast and the second busiest in North America—home to an abundance of international businesses Home to 20 colleges and universities and over 300 institutions located within 50 miles Aggressive economic development programs, with over $1 billion in investment incentives at work
SUPPORTED BY:
For more information contact (201) 939-0707 or email mrc@meadowlands.org A special thank you to our economic development partners (see page 32).
HIGHLY TRAINED AND DRUG TESTED WORKFORCE
I.B.E.W. LOCAL 164
IBEW164.ORG
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UNPARALLELED
opportunity Close the distance on your business’s fulfillment needs with Kingsland Meadowlands. Construction has started on Phase I, which will consist of two logistics buildings totaling nearly 1.3 million square feet, while the future phases offer buildto-suit opportunities. One premier location, access to your consumer base and proximity to labor sources make Kingsland Meadowlands the ultimate location for your business. Exclusive Leasing
Rob Kossar
+1 201 528 4444 rob.kossar@am.jll.com
For additional development details, visit www.kingslandmeadowlands.com
David Knee
+1 201 528 4440 david.knee@am.jll.com
Chris Hile
+1 201 528 4416 chris.hile@am.jll.com
Leslie Lanne
+1 201 528 4438 leslie.lanne@am.jll.com
Municipality Profiles • • BERGEN COUNTY • • Bogota
Mayor: Christopher M. Kelemen Telephone Number: (201) 342-1736 Website: bogotaonline.org Population: 8,366 Median Household Income: $86,194 Median Home Value: $385,739 Key Employer: Bogota Savings Bank
Carlstadt
Mayor: Robert J Zimmerman Telephone Number: (201) 939-2850 Website: carlstadtnj.us Population: 6,066 Median Household Income: $88,827 Median Home Value: $380,700 Key Employers: Allied Beverage Group L.L.C.; Pinnacle Environmental Corporation; Unimac Graphics; Russo Development LLC; Onyx Equities LLC
Hackensack
Mayor: Thomas Calabrese Telephone Number: (201) 945-3456 Website: cliffsideparknj.gov Population: 26,855 Median Household Income: $72,633 Median Home Value: &479,500
Mayor: John P. Labrosse, Jr Telephone Number: (201) 646-3980 Website: hackensack.org Population: 43, 856 Median Household Income: $70,090 Median Home Value: $375,559 Key Employers: J. Fletcher Creamer & Son Inc.; Hackensack Meridian Health, Hackensack University Medical Center; Innodata, Inc.
East Rutherford
Hasbrouck Heights
Cliffside Park
Mayor: Jeffrey Lahullier Telephone Number: (201) 933-3444 Website: eastrutherfordnj.net Population: 9,613 Median Household Income: $80, 896 Median Home Value: $508,619 Key Employers: American Dream; MetLife Stadium; New York Giants; New York Jets; Meadowlands Racetrack; MWWPR
Fairview
Mayor: John DeLorenzo Telephone Number: (201) 288-0195 Website: hasbrouck-heights.nj.us Population: 11,870 Median Household Income: $94,801 Median Home Value: $516,004 Key Employers: Shin Ei Fuji of Hasbrouck Heights, Inc.; Motor Inn Associates, LLC
Leonia
Mayor: Vincent Bellucci Telephone Number: (201) 943-3300 Website: fairviewborough.com Population: 14,085 Median Household Income: $57, 698 Median Home Value: $520,685
Mayor: Judah Ziegler Telephone Number: (201) 592-5780 Website: leonianj.gov Population: 8,959 Median Household Income: $102, 250 Median Home Value: $637, 271 Key Employers: Field Station: Dinosaurs
Garfield
Little Ferry
Mayor: Richard Rigogliosi Telephone Number: (973) 340-2000 Website: garfieldnj.org Population: 31,936 Median Household Income: $62,939 Median Home Value: $430,185 Key Employer: Fidelity Care Inc. 10
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Mayor: Mauro D. Rageseo Telephone Number: (201) 641-9234 Website: littleferrynj.org Population: 10,663 Median Household Income: $66,098 Median Home Value: $418,875 Key Employers: Dassault Falcon Jet Corp. meadowlands.org
Lodi
Mayor: Scott A. Luna Telephone Number: (973) 365-4005 Website: lodi-nj.org Population: 24,185 Median Household Income: $66,595 Median Home Value: $454,046 Key Employers: Labor Ready; Atlantic Detroit Diesel-Allison, LLC; The Star Group
Lyndhurst
Mayor: Robert Giangeruso Telephone Number: (201) 804-2457 Website: lyndhurstnj.org Population: 21,834 Median Household Income: $79,985 Median Home Value: $437,119 Key Employers: Y International USA; Alpha Industries, Inc.; H Mart (headquarters)
Moonachie
Mayor: Dennis Vaccaro Telephone Number: (201) 641-1813 Website: moonachie.us Population: 2,678 Median Household Income: $66,976 Median Home Value: $485,151 Key Employers: Avanti Linens; LPS Industries Inc.; FLOMO/Glitzzie
North Arlington
Mayor: Daniel Pronti Telephone Number: (201) 991-6060 Website: northarlington.org Population-15,697 Median Household Income: $84,527 Median Home Value: $448,543 Key Employers: AM Cosmetics Inc.; Labor Management Concepts, Inc.
Compassionate Care. Expert Treatment.
SUBSTANCE
301 Rte. 17 North, Suite 800 Rutherford, NJ 07070 201-348-8998 info@axiominc.net
When you’re having a mental health crisis, immediate help is just a phone call away. The CBH Care Wellness & Support Center provides Bergen County residents experiencing a mental health crisis with 24/7 rapid responses and support services. Must be 18 years or older, with a diagnosable mental illness.
By phone 24/7: 201.957.1800 Walk-ins: Mon–Fri: 8am–8pm Sat–Sun: 9am–5pm
CBH Care Wellness and Support Center 569 Broadway Westwood, NJ 07675 cbhcare.com
Palisades Park
Mayor: Christopher Chung Telephone Number: (201) 585-4100 Website: mypalisadespark.com Population: 20,707 Median Household Income: $68,245 Median Home Value: $745,371 Key Employer: Time Warner Cable
Ridgefield
Mayor: Anthony Suarez Telephone Number: (201) 943-5215 Website: ridgefieldnj.gov Population: 11,071 Median Household Income: $71,699 Median Home Value: $551,478 Key Employer: Carolace Embroidery Co., Inc.
Ridgefield Park
Mayor: John H. Anlian Telephone Number: (201) 641-4950 Website: ridgefieldpark.org Population: 13,008 Median Household Income: $78,311 Median Home Value: $388,489 Key Employers: Samsung Electronics American, Inc.; FORT Group
Rutherford
Mayor: Frank Nunziato Telephone Number: (201) 460-3022 Website: rutherfordboronj.com Population: 18,137 Median Household Income: $101,473 Median Home Value: $568,011 Key Employers: Cancer Genetics, Inc.; Blue Foundry Bank; Newmark Grubb Knight Frank; Robert Half International
South Hackensack
Mayor: James Anzevino Telephone Number: (201) 440-1815 Website: southhackensacknj.org Population: 2,413 Median Household Income: $71,591 Median Home Value: $503,366 Key Employers: Naturex Inc.; Boswell Engineering
Teaneck
Mayor: Jim Dunleavy Telephone Number: (201) 837-1600 Website: teanecknj.gov Population: 39,954 Median Household Income: $111,821 Median Home Value: $474,558 Key Employers: Cognizant Technology Solutions
Teterboro
Mayor: John P. Watt Telephone Number: (201) 288-1200 Website: teterboronj.org Population: 68 Median Household Income: $36,429 Median Home Value: $344,854 Key Employers: Teterboro Airport; Quest Diagnostics Clinical Laboratories, Inc.; NAI James E. Hanson; Jet Aviation; Forsgate Industrial Partners Mayor: Melissa Dabal Telephone Number: (973) 777-0318 Website: wallingtonnj.org Population: 11,399 Median Household Income: $68, 845 Median Home Value: $455,668 Key Employers: Farmland Dairies LLC; McNally International Corp. Mayor: Paul A. Sarlo Telephone Number: (201) 939-0202 Website: njwoodridge.org Population: 9,640 Median Household Income: $110,625 Median Home Value: $497,376 Key Employers: Terminal Construction Corporation; Meadowlink/EZ Ride; Fujitec Elevator Co. Inc.
• • HUDSON COUNTY • • East Newark
Mayor: Dina M. Grilo Telephone Number: (973) 481-2902 Website: boroughofeastnewark.com Population: 2,530 Median Household Income: $63,750 Median Home Value: $465,145 Mayor: James A. Fife Telephone Number: (973) 268-2444 Website: townofharrison.com Population: 24,749 Median Household Income: $69,604 Median Home Value: $483,751 Key Employers: Pechters Baking Group LLC; FMB, Inc. Mayor: Steven M. Fulop Telephone Number: (201) 547-5000 Website: jerseycitynj.gov Population: 258,523 Median Household Income: $70,752 Median Home Value: $559,055 Key Employers: GOYA Foods; Ports American, Inc.
North Bergen
Secaucus
Wood-Ridge
Jersey City
Mayor: Alberto Santos Telephone Number: (201) 955-7979 Website: kearnynj.org Population: 40,750 Median Household Income: $70,702 Median Home Value: $411,230 Key Employers: Fedway Associates Inc; Freeman Mayor: Nicholas Sacco Telephone Number: (201) 392-2005 Website: northbergen.org Population: 59,420 Median Household Income: $63,908 Median Home Value: $441,418 Key Employers: Palisades Medical Center; Keystone Freight Corp.; Big M, Inc.
Wallington
Harrison
Kearny
Mayor: Michael Gonnelli Telephone Number: (201) 330-2005 Website: secaucusnj.gov Population: 24,427 Median Household Income: $114,821 Median Home Value: $552,478 Key Employers: Quest Diagnostics; Ernst & Young, LLP; H&M; The Children’s Place, Inc. (headquarters)
• • ESSEX COUNTY • • Nutley
Mayor: Mauro G. Tucci Telephone Number: (973) 284-4969 Website: nutleynj.org Population: 28,374 Median Household Income: $99,276 Median Home Value: $463,292 Key Employer: Indigo Systems NJ
• • PASSAIC COUNTY • • Clifton
Mayor: James A. Anzaldi Telephone Number: (973) 470-5757 Website: cliftonnj.org Population: 84,654 Median Household Income: $76,646 Median Home Value: $422,619 Key Employers: AVE Clifton; RCL Agencies
Passaic
Mayor: Hector Lora Telephone Number: (973) 365-5500 Website: cityofpassaic.com Population: 499,112 Median Household Income: $69,688 Median Home Value: $413,323 Key Employer: CMIT Solutions Meadowlands Relocation Guide 2022
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Bergen County
Office, retail and industrial markets are still going strong. Not to mention our malls.
A
s we continue to battle our way through the COVID-19 pandemic and the stubborn delta variant, Bergen County remains resilient as a major economic engine for the New Jersey’s growing economy. Real estate, businesses, entertainment, innovation, sporting events, retail shopping, leadership, education and quality of life are all signatures of what Bergen County has to offer. One of Bergen County’s largest economic developments is the American Dream, an entertainment destination alongside MetLife Stadium where the NY Giants and NY Jets football teams play. Expected to draw 40 million visitors annually when fully operational, the American Dream includes Nickelodeon Universe, Big Snow indoor ski, a Dream Works water park, NHL-size ice rink and hundreds of retail stores and restaurants. Since the outbreak of COVID-19, opening and reopening dates were postponed as a safeguard against the spread of the virus. But now, American Dream stores and attractions, along with all other retail assets throughout Bergen County, are open. That includes the Westfield Garden State Plaza, a mall that attracts over 20 million visitors a year (almost the same as Walt Disney World in Florida’s 20.5 million visitors annually). Not only did it remain resilient, it recorded increases over 2019. In addition to our many assets, what creates the overall success of Bergen County commerce is our highly skilled talent pool of over 510,000. This combined with close proximity to Manhattan, outstanding colleges and universities, top-rated hospitals and medical centers and the highest possible AAA bond rating makes Bergen County one of the most attractive and productive regions in the Country to site selectors and prospective businesses looking for office, industrial/warehouse and retail space. Many marquee corporations call Bergen home. Corporations including Becton Dickinson, Stryker, Jaguar, Unilever, Samsung, Dassault Falcon, Volvo, Sharp, Konica Minolta, LG Electronics, BMW and others. What’s more, thousands of small businesses and Main Street shops line our 70 municipalities. And since we’re talking numbers, in total, there are over 46,000 business establishments in Bergen, and 1,500 are manufacturers. In order to assist the business community across Bergen County, the Bergen County Division of Economic Development under the leadership of County Executive Jim Tedesco,
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Bergen County at a glance • • • • • • • • • • • • •
Aaa bond rating Tax base of nearly $170 billion More than 940,000 residents Median HH income of $97,483 which is 53% > the nation’s 46,000+ businesses and over 510,000 skilled workers Diverse mix of 70 beautiful towns 9,000+ acres of park and recreation 73 highly-sought-after school districts Nationally ranked medical centers and hospitals Over 15 colleges and universities Vibrant downtowns for dining and shopping Theaters, arenas and concert halls Home of two major NFL teams
With nearly 70 vibrant municipalities made up of one million residents Bergen County is no doubt a wonderful place to live, work and raise a family. Bergen County attracted thousands of visitors each day to our businesses, educational facilities, historical sites and special events – and as we continue to fight our way through this pandemic, it is our hope that even better days lie ahead. Our retail shopping facilities are second to none and Bergen Community College attracts students from across the county, state and country. Places to visit include the Meadowlands, the Steuben House (home to the Bergen County Historical Society), Overpeck Park, the Bergen County Zoo in Van Saun Park and the New Jersey Naval Museum – just to name a few which have reopened to the public after months of quarantine. As the largest county in New Jersey, Bergen County offers a sizable pool of diverse, well-educated, highly skilled workers who have adapted well to working remotely during this turbulent time. Our business community is a thriving mix of Fortune 500 companies and small businesses alike. My administration is always proud to partner with agencies and organizations to grow our economy and capitalize on opportunities for public-private partnerships. We continue to strive every single day to make Bergen County the best place for our residents, businesses and visitors. This guide is a valuable resource of information for anyone who lives or works in Bergen County. I urge you to take advantage of the programs and opportunities available in Bergen County government for future growth and opportunities. Should you ever need anything, please do not hesitate to reach out to me and my staff by calling (201) 336-7300 or emailing countyexecutive@co.bergen.nj.us. My staff and I are always happy to help. Sincerely,
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Jim Tedesco III Bergen County Executive
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has introduced a new platform called SizeUp. This sophisticated new business tool allows businesses to “Size Up” by comparing their performance to all other competitors throughout their industry. SizeUp super-crunches millions of data points so business owners know where they rank, can find new customers and suppliers, and better understand the competitive landscape. With SizeUp, you can target your ideal customers based on the preferred client characteristics that matter to your company. Then, determine the best places to target your next marketing campaign. In addition, interactive map demographic, labor force, and consumer expenditure data for your area are at your fingertips. SizeUp allows you to tailor your analysis to the area around your address, or to a custom boundary throughout multiple markets. Market research and analysis is critical for the success of any small business owner or entrepreneur. Tools like SizeUp deliver data right to the fingertips of business owners to help make smart decisions and have the greatest opportunity to start, grow, compete and succeed. For more information on Bergen County real estate, business tax incentives, SizeUp and more, visit www.bergenforbusiness.com today or call me at (201) 336-7503. Hope to hear from you. Michael McPartland is the Deputy Director of the Bergen County Division of Economic Development.
SizeUp
The 4 Core Digital Tools
BENCHMARK PERFORMANCE See how you size up by comparing your performance to all other competitors in your industry. SizeUp super-crunches millions of data points so businesses know where they rank.
DEMOGRAPHIC ANALYSIS Interactively map demographic, labor force, and consumer expenditure data for your area. Tailor your analysis to the area around your address, or to a custom boundary.
DISCOVER NEW CUSTOMERS Find new customers, suppliers, and better understand the competitive landscape. Visualize new business opportunities through lists of companies and analysis of consumers.
OPTIMIZE ADVERTISING Target your ideal customers based on the preferred client characteristics that matter to your company. Then, determine the best places to target your next marketing campaign. Meadowlands Relocation Guide 2022
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New Jersey The State of Innovation
Photo credit: Shutterstock
N
ew Jersey is located in one of the most highly connected regions in the U.S., with all the assets and accessibility any forward-thinking company needs. It’s a teeming hub for entrepreneurs and multinationals alike. We welcome risk-taking innovators from around the globe driven by real world problems. Despite the COVID-19 pandemic, New Jersey has still seen steady business attraction activity in 2021. We are thrilled that technology industry leaders WebMD, Fiserv and HAX recently chose New Jersey. They all recognized the value of a New Jersey location to hire the best and brightest, move people and products quickly, and tap into a vibrant community that accelerates growth. This year we were also proud to be recognized as the No. 1 best state to live in the U.S. by WalletHub. New Jersey offers more room to grow at a more affordable
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price than New York City – both for residents and businesses. There’s simply no better place for your company to grow and your family to thrive. We are highly educated New Jersey was named “The Smartest State in America” for a reason. We offer companies an ever-growing pool of STEM talent and set the standard for educating the next generation. From preschool to graduate school, we invest in our students to help us build the foundation for innovation. Our State boasts the No. 1 public school system in the U.S. according to Education Week, and ranks No. 1 for educating students at every level, according to U.S. News & World Report. New Jersey’s world-class talent pool includes the highest concentration of scientists and engineers per square mile than anywhere else in the U.S. Over a half a million students are currently enrolled in
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New Jersey’s 63 colleges and universities, including No. 1 ranked Princeton University and research powerhouse Rutgers University. New Jersey’s elite higher education institutions produce the fourth highest share of STEM graduates in the country. We are perfectly located New Jersey’s East Coast location offers market access and conve¬nience any forward-thinking company needs. We are located in the heart of the Boston – New York City – Washington, D.C. corridor, with 56.5 million residents and $3.75 trillion in economic output. New Jersey simply moves people and products like no other state. We host the nation’s second largest seaport, major rail lines, extensive mass transit including NJ Transit, PATH and Amtrak trains, and Newark Liberty International Airport – one of the nation’s busiest international
Raise a family. Build a business. It’s not just companies that grow up in New Jersey. People thrive here, too. Thanks to the #1 ranked public school system in the country. And hundreds of miles of beaches, lakes, and mountains. Not to mention cities and towns teeming with diversity, culture and charm. No wonder so many live, work and play in the State of Innovation.
NJinnovation.com
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Courtesy of NJIT
We offer an enhanced quality of life It’s no wonder why WalletHub named New Jersey the No. 1 best state to live in the U.S. in 2021. New Jersey is the perfect place to live, work and play. The State offers unmatched landscape diversity. Rugged mountains, dense forests, beautiful beaches, bustling cities, quaint farms, expansive wetlands—you can see it all within a few hours’ drive. Close to urban centers in every direction—including New York City, Philadelphia, Washington D.C., and Boston—New Jersey is a vibrant mix of bucolic and bustle, charm and culture. Our State can truly transport you anywhere. New Jersey offers an array of lifestyle options, including amenity-rich and transit-connected cities and suburbs with walkable downtowns and outdoor recreation.
Courtesy of NJ Transit
We are incredibly diverse As an inspiring, inclusive environment, we embrace businesses and ideas that move us forward. New Jersey may be the fourth smallest state, but it’s home to the densest population in the U.S. We are mighty in number and multiculturalism is a part of our ethos. Residing in New Jersey’s waters, the Statue of Liberty stands as a symbol of our immigrant past and present. New Jersey proudly boasts the third-largest population of foreign-born residents in the nation. We are the fourth most diverse state in the nation with a 45% minority population. New Jersey’s talented workforce is incredibly diverse and prosperous. WalletHub’s “Economic Impact of Immigra¬tion by State” 2020 study placed New Jersey No. 3 overall. Among the subcategories, we ranked No. 1 for immigrant workforce, highest percentage of jobs generated by immigrant-owned business and the highest percent of foreign-born STEM workers.
Courtesy of Audible
airports. Our combined regional airports in Newark, New York City and Phila¬delphia create the No. 1 airport system in the U.S., serving ~600 daily nonstop destinations. New Jersey businesses can reach more than 38 million consumers within a two-hour drive. The Port of New York and New Jersey is the second busiest port for imports in North America.
Building Contractors – Construction Managers 375 Murray Hill Parkway East Rutherford, NJ 07073 Phone: 201- 438- 4700
Fax: 201- 438-0034
Richard Branca, President 60 Years of Construction Excellence www.BEConline.com
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BERGEN ENGINEERING CO.
375 Murray Hill Parkway East Rutherford, NJ 07073 Fax: 201-935-2850
Phone: 201- 438- 4994
Richard Branca, President Quality Ownership, Management, and Development Since 1975
www.BrancaProperties.com
405 Murray Hill Parkway
Guzzo + Guzzo A
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Guzzo + Guzzo Architects is an established architectural firm with over 50 years of design experience.
www.gg-architect.com · 608 Ridge Road · Lyndhurst, NJ 07071 Phone: 201-939-1446 · Fax: 201-939-1448
Russo Development is a designer, builder and owner of commercial, residential and mission-critical properties throughout the New York metropolitan area. With over 3,100 luxury apartment homes throughout North Jersey, we have homes to suit all lifestyles. Visit VermellaNJ.com for details about all of our communities. Vermella Lyndhurst
201.487.5657 | www.RussoDevelopment.com | www.VermellaNJ.com
New Jersey is one of the best places in the U.S. for families and has been ranked the No. 1 state to raise children. New Jersey is also ranked the No. 2 state for park space. Maybe that’s key to why we were named the “most mentally and physically fit state” according to WalletHub’s Happiest States in America list. We are the state of innovation New Jersey has always been home to innovation, from Edison’s light bulb and the digital cellular networks built by Bell Labs to today’s clean energy advancements and technological breakthroughs. Innovation is a part of our DNA as New Jerseyans. Throughout our history, New Jersey has dared to think different. We’ve established an environment that supports and strengthens innovation. A gateway where business can succeed on a global scale. A region with the infrastructure, talent and resources to take your company to the next level.
Courtesy of Montclair State University
We are here to help you As the State’s leading nonprofit economic development organization, Choose New Jersey markets New Jersey as the best place in the U.S. to live, work, play – and do business. Our mission is to stimulate job creation and attract capital investment to New Jersey. We guide businesses in establishing or expanding operations here and help companies find opportunities for growth and innovation. If you are interested in relocating or expanding your business, start with Choose New Jersey, and we will ensure a streamlined process from planning through move-in. Since our inception in 2010, Choose New Jersey has helped over 300 companies locate or expand in New Jersey. Our free, confidential services include market intelligence, site selection assistance, state resources information, introductions to public and private partners and public relations support. Need labor data or information on state incentives? Want to collaborate with higher education experts or connect with service providers or trying to identify a property that needs your requirements? We can do it all. Visit www.choosenj.com to learn more. Meadowlands Relocation Guide 2022
meadowlands.org
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INDEX OF ADVERTISERS Allstate Agency, www.allstate.com/kmeredith................................................................................32 Axiom Communications, www.axiommediaservices.com..............................................................24 Branca Properties Inc., www.brancaproperties.com.......................................................................27
Bringing your vision to life.
New Furniture Specification & Sales Space Planning & Design Private Offices Movable walls Modular Open Plan Workstations Relocation & Asset Management Reconfiguration, Delivery & Installation Seating-Executive, Conference, Reception, Task Custom Mill Work and Furniture Warehousing & Storage
www.kad-associates.com 1000 Woodbridge Center Drive Suite 124 Woodbridge, NJ 07095 732-943-2192 (p) 732-218-8684 (f) anthony@kad-associates.com
CBH Care, www.cbhcare.com............................................................................................................3 Choose New Jersey, www.choosenj.com........................................................................................30 EZ Ride, www.ezride.org.................................................................................................................24 Goya, www.goya.com.....................................................................................................................12 Guzzo & Guzzo, www.gg-architect.com...........................................................................................18 Hackensack Meridian Health, www.hackensackmeridianhealth.org...............................................1 Horizon Blue Cross Blue Shield, www.horizonblue.com..................................................................2 IBEW Local 164, www.ibew164.org........................................................................Inside Back Cover Jewel Electric, www.jewelelectric.com............................................................................................21 JLL/Forsgate Industrial Partners, www.forsgate.com........................................................................9 KAD Associates, www.kad-associates.com......................................................................................18
FOR ALL YOUR LOADING DOCK AND OVERHEAD DOOR NEEDS
Kearny Bank, www.kearnybank.com..................................................................... Inside Front Cover NAI James E. Hanson, www.naihanson.com.....................................................................Back Cover Overhead Door, www.DockNDoor.com...........................................................................................18 Prologis, www.prologis.com...........................................................................................................32
COMMERCIAL | INDUSTRIAL
Russo Development, www.russodevelopment.com.......................................................................24
CORPORATE OFFICE
Suez, www.mysuezwater.com..........................................................................................................4
20 META LANE | LODI NJ 07644
CONTACT JAI PATEL | jai@dockndoors.com www.overhead-doors.com
OTHER OFFICES SERVING WESTCHESTER COUNTY, ALL BOROUGHS OF NYC
Proudly keeping New Jersey in Good Hands
Dan Meredith Agency 201-355-8090
50 Union Avenue Rutherford allstate.com/kmeredith
RECENT JOBS WORLD TRADE CENTER © 2018 Allstate Insurance Co.
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Meadowlands Relocation Guide 2022
meadowlands.org
10031372
METLIFE STADIUM • AMERICAN DREAM MALL
1000 Huyler Street, Teterboro, NJ 72,000 sq. ft.
25-27 Central Avenue Teterboro, NJ 75,276 sq. ft.
Relocating? Hiring the right commercial real estate broker is the most important professional to hire. We at NAI James E. Hanson have the ability to put the best team together for you, so you get the best deal, in the right location, and in a timely fashion.
Your Source For Commercial Real Estate
NJ Offices: 195 North Street, Suite 100 • Teterboro • 201 488 5800 | 10 Lanidex Plaza W • Parsippany • 973 463 1011 | naihanson.com
