On Wednesday, May 10th, you are invited to join NJBIA and Greater Trenton for a fascinating panel discussion surrounding revitalizing and repurposing old buildings in the Capital City and beyond. The event, available for in-person and virtual attendees, will take place from 7:30 am to 10:30 am at Cooper’s Riverview, located at 50 Riverview Plaza, Trenton, NJ 08611. The day’s events will begin with a breakfast and networking portion from 7:30 am to 8:30 am. Afterward, guests can hear from a panel of experts representing some of New Jersey’s most groundbreaking organizations. Tickets are available for $75 per attendee. If you’re interested in attending, registration is open here: Register – Stranded Assets.

Many of New Jersey’s post-industrial regions and surrounding suburbs have an abundance of “stranded assets,” reflecting changing market demands and the functional obsolescence of many existing structures. When a community’s assets no longer serve the needs of its population, properties can become blighted and present new challenges to its residents. However, these properties can quickly be reinvigorated through thoughtful reconstruction and adaptive reuse as a community’s greatest asset. By the conclusion of this course, business owners and operators will be better empowered to understand what these stranded assets are, what can be done to repurpose them, and what these assets mean for an owner’s bottom line.

The morning’s conversations will be broken into the following segments:

  • Reframing Incentives for Stranded Assets, the Government’s Role in Stranded Assets: This panel of experts will discuss assessing and repurposing stranded real estate assets in urban and suburban environments and their role as a catalyst for action.
  • Driving Change and De-Risking Real Estate: This panel of experts will discuss the value of stranded assets, why they are an opportunity, their life cycle, and why increasing numbers of companies and investors are realizing that this change can extend the lifecycle of their assets, and how the perception of those assets must change as we evolve and move forward.

This distinguished panel of experts features some of the industry’s top leaders, including Michele N. Siekerka, President and CEO of NJBIA, John Hatch, partner at Clarke Caton Hintz, and George Sowa, CEO of Greater Trenton. A complete list of featured panelists can be accessed on the registration mentioned above. With groundbreaking information and a brilliant panel to match, attendees are sure to walk away equipped with the tools to forge a stronger community.

This event is hosted by the New Jersey Business and Industry Association (NJBIA), which is devoted to reestablishing New Jersey as an innovative state. Through economic vitality, business prosperity, workforce skill excellence, and excellent quality of life, the NJBIA seeks to create a thriving community for its members and beyond. The NJBIA plays a critical role in establishing partnerships between businesses, providing member value through essential information and services, and championing a competitive business climate locally and globally. If you’d like to read more about NJBIA’s efforts, visit their website here: Home – NJBIA.

The day’s events are also co-sponsored by Greater Trenton, an organization devoted to catalyzing economic development in the Capital City and making our community a great place to live, work, and play through meaningful use of private funding and network of collaborative relationships to advance economic revitalization efforts in Trenton, New Jersey. Since 2015, Greater Trenton has poured into the community through community partnerships, support of our small businesses, and spreading positive narratives through publications like Trenton Daily. More information regarding Greater Trenton and its initiatives can be found here: Home – Greater Trenton.

If you have any questions or want to learn more about the NJBIA, please get in touch with them at 609-393-7707 for additional details. May 10th is fast-approaching, so secure your tickets today to be a part of this fascinating conversation.

About Author