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August 19, 2016
Trenton, NJ

New Award Recognizes Innovation in Public Private Partnerships
NJ League of Municipalities and NJBIZ Honor P3 Efforts with
Innovation in Public Private Partnerships Awards

Reflecting the increasing importance of public private partnerships (PPPs or P3), NJBIZ and the New Jersey League of Municipalities have recognized creativity and ingenuity of municipalities and businesses throughout the state with the Innovation in Public Private Partnerships Awards.

The Innovation in Public Private Partnerships Awards recognizes P3 innovations undertaken in the past 12 months, honoring and recognizing unique public private partnership programs that showcase innovative and practical approaches to, and notable successful examples of, government and private sector partnerships that achieve public benefits.

Public/private partnerships help the public sector to finance or operate traditional public sector operations. The honorees represented projects filling a wide variety of business and community needs such as Infrastructure, Economic Development, Housing and Welfare, Public Safety, and Quality of Life Services.

The honorees include: AeroFarms New Corporate Headquarters; Campus Town at The College of New Jersey; Fanwood Project; Floodplain Protection and Blueway Design in Bergen County; Hat City Lofts; Heritage Village at Bloomfield; Roebling Lofts; Marion P. Thomas Charter High School of Culinary and Performing Arts; MechForce Mechatronics Program; New Jersey Reentry Corporation; Newark Avenue Pedestrian Mall; Goethals Bridge Replacement Project; Hoboken Waterfront Development, Waterfront Corporate Center III; Project Community Pride of the Madison Area YMCA and the Community Mental Health Initiative; Holly Pointe Commons; Shaping Elizabeth-Mravlag Mobile Market; Somerset County Branding Project; Teachers Village 7; The Hahne and Co. Building; Old Bridge Business Alliance; The Salvation Army Ray and Joan Kroc Corps Community Center.

Judges for the new award were: Caren Franzini, President, Franzini Consulting; Chris Paladino, President, DEVCO; Christina Foglio, CEO, Community Investment Strategies; James Hughes, Dean, Rutgers University, Edward J. Bloustein School; Michael Francois, Professional Planner and Development Consultant; John G. Donnadio, Executive Director, New Jersey Association of Counties; Frank Belluscio, Deputy Executive Director, New Jersey School Board Association; and Colleen Mahr, Mayor, Fanwood; Third Vice President, New Jersey League of Municipalities. Details about the honored projects will be presented in NJBIZ and the League’s NJ Municipalities magazine this fall.
“P3’s represent a path to increased revitalization and the achievement of so many public goals,” said Mayor Joseph Tempesta of West Caldwell, President of the New Jersey State League of Municipalities. “Putting the spotlight on the success stories of public private partnerships illustrates to municipalities throughout the state the possibilities to improve local economies, environments, and lifestyles.”

“Public-private partnerships are becoming increasingly important to New Jersey and across the country.” said Tom Curtin, publisher of NJBIZ. “NJBIZ is proud to honor these outstanding New Jersey P3 partnerships.”

The honoree’s innovative approaches will be highlighted at a private reception on September 21 at The Imperia in Somerset from 4 to 6 p.m.

For more information on the Innovation in Public Private Partnership’s Awards, please contact Wendy Berg at the NJBIZ or 732-246-5705 or by email.

CONTACTS: Tom Curtin, Publisher, NJBIZ, 732-246-5705
Michael J. Darcy, CAE, Executive Director, NJ League of Municipalities,
609-695-3481, ext. 116