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New Jersey Future Redevelopment Forum Focuses on How to Realign Scarce Resources for Greatest Return on Investment

For Immediate Release
February 22, 2012

Contact:
Peter Kasabach, Executive Director (609) 393-0008, ext. 104
Elaine Clisham, Communications Director (609) 393-0008, ext. 102

TRENTON — Aligning state policies and resources to support local redevelopment efforts is a key theme of New Jersey Future’s 2012 Redevelopment Forum, scheduled for Friday, March 9, from 8 a.m. to 3:30 p.m. at the Hyatt Hotel and Conference Center in New Brunswick.

New Jersey Future — the statewide research and policy group that advocates redevelopment as a better way to foster both economic prosperity and preservation of critical resources — invites the public to join state and local government leaders and land-use, planning and design professionals in this daylong exploration of how to achieve innovative, high-quality, community-minded redevelopment projects efficiently and effectively.

New this year will be a morning plenary session focused on how New Jersey state government is realigning to support local redevelopment efforts. New Jersey Lt. Gov. Kim Guadagno will offer opening remarks, followed by a moderated discussion among key cabinet-level officials focused on how their departments are changing to align better behind the state’s strategic development objectives.

In addition, the Redevelopment Forum will feature 15 interactive workshops on a variety of compelling topics, including developing a redevelopment agenda for New Jersey; accommodating the demographic changes coming to the state’s urban areas; how to make a redevelopment initiative a net plus for the environment; creating a transit-oriented development from scratch; and ways to foster investment in higher-risk areas, among others.

The luncheon keynote speaker at 1 p.m. will be noted urbanist Chris Leinberger, president of LOCUS; Responsible Real Estate Developers and Investors and a visiting fellow at the Brookings Institution. His talk will focus on the convergence of the two largest generations in American history, baby boomers and Millennials, and the profound structural shift in demographics and real estate that will result. Both groups are driving market demand for walkable urban centers in core cities and inner-ring suburbs. Mr. Leinberger will present a compelling case for what New Jersey must do to take advantage of this shift, while growing the economy and creating jobs.

The only statewide event of its kind, this seventh-annual Redevelopment Forum is expected to attract more than 500 state, county and municipal leaders, citizen activists and leading professionals in law and planning.

“The release in October 2011 of Gov. Christie’s draft State Strategic Plan presents a unique opportunity for the state and its agencies to align priorities and resources behind what could, if implemented properly, be a strong blueprint for redeveloping the state’s already-built areas,” said New Jersey Future Executive Director Peter Kasabach. “We’re delighted to have so many senior state representatives at this year’s Redevelopment Forum. It’s an unparalleled opportunity for anyone in the state whose work focuses on redevelopment, from policy-makers to developers to local officials and planners to community representatives, to hear directly what the state will be doing to help support development in a way that provides maximum return on investment for the state’s residents.”

Title sponsors of the Redevelopment Forum are Bank of America and PSE&G.

New Jersey Future is a nonprofit, nonpartisan statewide research, policy and education organization that advocates for better land-use practices that result in environmental protection, center-based growth, community redevelopment and transportation choice.

To register for the 2012 Redevelopment Forum, Friday, March 9, 8 a.m. to 3:30 p.m., New Brunswick Hyatt Hotel and Conference Center, please visit the Redevelopment Forum website, http://forum.njfuture.org, or contact Marianne Jann at (609) 393-0008, ext. 101 or mariannejannatnjfuturedotorg  (mariannejannatnjfuturedotorg)  .

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© New Jersey Future, 16 W. Lafayette St. • Trenton, NJ 08608 • Phone: 609-393-0008 • Fax: 609-360-8478