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PLAINFIELD

A SUSTAINABLE LIVE, WORK, PLAY ECOSPHERE

Where Urban Chic Meets Suburban Charm


Mayor Adrian O. Mapp

Carlos N. Sanchez – Business Administrator


Valerie Jackson – Director of Economic Development

One Plainfield, One Future


The Plainfield Vision
Intentional 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

One Plainfield, One Future


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

One Plainfield, One Future


Economic Development To-Date
Leveraging 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
One Plainfield, One Future
Economic Development To-Date
Leveraging Development Projects to boost the local economy and aid in job creation

Second Street Youth Center

Access Self Storage


One Plainfield, One Future
Economic Development To-Date
Leveraging Development Projects to boost the local economy and aid in job creation

• 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
One Plainfield, One Future
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

One Plainfield, One Future


Investor Confidence

The ARTS LOFT

ABC Supply Company

ACCESS Self Storage

One Plainfield, One Future


Quin Sleepy
Hollow Investor Confidence

Muhlenberg
Medical
Complex

One Plainfield, One Future


Investing In Our Future

$1.7M Turf Facility - Seidler Field

Madison Avenue SkatePark


One Plainfield, One Future
Private Investment in the Pipeline

Boundless Opportunity

• 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

One Plainfield, One Future


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

One Plainfield, One Future


Delicious Plainfield

Plainfield is home to over 125 ethnic eateries


Latin Chinese

Caribbean

Soul food
American
Peruvian Italian
One Plainfield, One Future
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

One Plainfield, One Future


Next Steps for Economic Development

Creating a Sustainable Mixed Income Community Through our Housing


and Commercial Development
 Transit Oriented Development
• Two Train Stations – Plainfield & Netherwood
• Pursuing Permanent One-Seat Ride into NYC
• Providing Transportation Options – Lime Bike

 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

One Plainfield, One Future


Upcoming Development Projects

The Progress Continues


 1000 North Avenue
 347-435 East Third Street • 120 residential units
• 148 residential units • Retail
 TODD West – West Front Street, Central  829 South Avenue
Avenue and Second Street • 70 residential units
• Nearly 400 residential units • 5k SF of retail
• 52K SF of retail  South Avenue East
• Banquet facility • Residential
 Third and Richmond (Near Union • Retail development
County College)  E-Paul (South Avenue)
• Residential • Residential
• Retail • Retail
• Restaurant
One Plainfield, One Future
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 sophisticated
3. Create a dining and shopping destination
4. Transform downtown shopping area into a technology smart, walking mall
5. Create communal areas for eating and entertaining

One Plainfield, One Future


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

One Plainfield, One Future


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

One Plainfield, One Future


One Plainfield, One Future

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