NORTH JERSEY CEDS

A roadmap to increased prosperity and access to opportunity by identifying regional priorities that… …support local action.

 The Regional CEDS is not intended to serve as a laundry list of local projects and programs. Rather, it is a regionally-focused document that identifies common regional challenges and opportunities and designs strategies that have common regional impact. Integrating County & Regional CEDS Regional Issue Aging and obsolete properties Local needs Re-use of significant suburban office parks in Somerset County Conversion of obsolete industrial facilities in Hudson County Regional Response Identify strategies and models for working with the private sector to redevelop obsolete sites and buildings into new employment centers

Regional CEDS Planning efforts  Somerset County – 2013  Hudson County – 2010  Monmouth County – 2013  Passaic County – Ongoing  Hunterdon County – 2015  Union County – Update planned  Urban Mayor’s Association Regional CEDS – 2015

Partnership Community Colleges NJ Department of Transportation County Planning and Economic Development Offices NJ Office for Planning Advocacy Developers NJ TRANSIT Economic Development Corporations NJ Urban Mayors Association Edward J. Bloustein School for Planning and Public Policy at Rutgers University North Jersey Partners Housing and Urban Development – US and NJ Offices North Jersey Transportation Planning Authority Hudson County CEDS Committee Passaic County Economic Development Hunterdon County CEDS Committee PlanSmart NJ John S. Watson Institute for Public Policy, Thomas Edison State College Port Authority of New York & New Jersey Monmouth County Economic Development Somerset County Business Partnership New Jersey Chapter of NAIOP Transportation Management Associations NJ Department of Environmental Protection Workforce Investment Boards NJ Department of Labor and Workforce Development

Key Themes & Strategies Regional Innovation Clusters Regional Innovation Clusters Small-Business & Entrepreneurial Support Small-Business & Entrepreneurial Support Infrastructure Assets Infrastructure Assets Workforce Training Workforce Training

REGIONAL CONTEXT

Total Regional Employment Source: QCEW Employees - EMSI Class of Worker (In Thousands)

Percent Change from Prior Year Source: EMSI Class of Worker (QCEW Employees, Non-QCEW Employees & Self-Employed); TIP Strategies.

Net Job Change, Source: QCEW Employees – EMSI Class of Worker. *Bio/Pharma & Life Sciences and Technology are not stand-alone clusters at the 2-digit NAICS code level State regional innovation clusters*

Industry Location Quotients Source: QCEW Employees – EMSI Class of Worker State regional innovation clusters*

Occupational Analysis

Occupational Distribution EMSI Class of Worker (QCEW Employees, Non-QCEW Employees & Self-Employed); TIP Strategies. Broad occupational categories patterned after “Help Wanted: Projections of Jobs and Education Requirements Through 2018,” Carnevale, Anthony P., et al. June 2010.

Largest Occupations Source: EMSI Class of Worker (QCEW Employees, Non-QCEW Employees & Self-Employed), TIP Strategies. Excludes military and unclassified occupations

Highest Concentrations Source: EMSI Class of Worker (QCEW Employees, Non-QCEW Employees & Self-Employed), TIP Strategies. Excludes military and unclassified occupations Includes occupations with 500 jobs or more in 2012 and LQ  1.50

Fastest Growing (%) Projected change for occupations with  500 jobs in 2012 Source: EMSI Class of Worker (QCEW Employees, Non-QCEW Employees & Self-Employed), TIP Strategies. Excludes military and unclassified occupations

Key Themes & Strategies Regional Innovation Clusters Regional Innovation Clusters Small-Business & Entrepreneurial Support Small-Business & Entrepreneurial Support Infrastructure Assets Infrastructure Assets Workforce Training Workforce Training

REGIONAL INNOVATION CLUSTERS  Host annual outreach events for each Regional Innovation Cluster.  Bio/Pharmaceuticals and Life Sciences  Transportation, Logistics, Distribution  Financial Services  Manufacturing  Health Care  Technology  Leisure, Hospitality and Retail

ENTREPRENEURSHIP & SMALL BUSINESS DEV.  Foster other types of shared workspaces and connect these workspaces to economic development and finance programs.

ASSET BASED INFRASTRUCTURE  Provide incentives packages targeted at job creation and private- sector investment in vacant land ripe for redevelopment (e.g., suburban office parks, brownfields). Former Sanofi/Aventis New Jersey Center of Excellence at Bridgewater

ASSET BASED INFRASTRUCTURE  Use the regional transportation system as a framework for future investment. Former Sanofi/Aventis New Jersey Center of Excellence at Bridgewater ANALYSIS MONITORINGACTION POLICY

WORKFORCE TRAINING & DEV.  Create a demand-driven workforce development system tailored to employer needs.

Regional Plan for Sustainabl e Developmen t Regional Plan for Sustainabl e Developmen t Draft State Strategic Plan Draft State Strategic Plan MAP-21 Federal Transportation Emphasis Areas Regional Transporta tion Plan Regional Transporta tion Plan Tri-State Climate Vulnerability RPA 4 th Regional Plan Regional CEDS

For more information: Zenobia Fields| | | Department Director of Planning