Calling all Opportunity Zone Redevelopment Projects to an Open Pitch Competition in Newark on October 17
Real estate redevelopments in Opportunity Zones will get a boost in Newark at a national project marketplace event.
BrownfieldListings.com (BL) and the New Jersey Innovation Institute (NJII) are thrilled to call Opportunity Zone (OZ) redevelopment projects nationwide to a groundbreaking and high-impact pitch competition that will conclude the Newark Opportunity Zone Boot Camp & Pitch Competition taking place at the New Jersey Institute of Technology (NJIT) on October 17. Project stakeholders anywhere in the U.S. may freely submit any redevelopment in an OZ and potentially be selected to pitch their project to expert judges in front of a live audience for a chance to gain exposure, win prizes and garner actionable project interest.
There is no cost or obligation to submit a OZ project and all valid OZ project submissions will be shared with the event’s attendees as well as BL’s international network of investors, developers and real estate professionals over 25,000 strong, whether selected as a finalist to pitch or not. Every submission will be reviewed by numerous redevelopment experts and projects selected as semifinalists will receive invaluable feedback, as well as complimentary tickets to attend the event.
U.S. EPA TAB experts from NJIT and the Center for Creative Land Recycling will also be available during the event to field questions and provide redevelopment guidance to attendees with questions about brownfields, land use, grant programs, environmental regulations and other technical issues.
Don’t miss this unique opportunity to practice your pitch with leading OZ professionals, reach investors worldwide and perhaps win a share of the publicity, prizes and potential investment!
The pitch competition will follow a robust, illuminating day of learning at the Newark Opportunity Zone Boot Camp & Pitch Competition that will include an early networking breakfast, a diverse educational program and an engaging group lunch in the beautiful facilities of the New Jersey Institute of Technology in downtown Newark, New Jersey.
Winners will be announced in a networking reception that follows.
PITCH COMPETITION PARTICULARS
Project must be in an Opportunity Zone. There is no limit on the number of projects/properties you may enter.
Presentation with slides. Can include pictures, maps, video. Pitch participants will also be able to prepare a flyer meant to brief the judges panel ahead of time (a template will be provided).
What to Include
What should investors and developers know about the project that would pique their interest? Have RFPs been released? Are there considerations stakeholders have to work around?
When & Where?
What are the past and present details for the site you want to sell and/or develop? Where is the site located? Use a map. What is your timeline - have key milestones occurred?
Define the community of impact and describe the partners and stakeholders involved so far.
Vision for the site - what is the best end use? How will it benefit investors? What market or community needs does it address?
What will the larger impact be?
How will this project impact its block, its neighborhood and its community? How will you quantify and measure your impact? Why will everyone be happy with the end result?
Is your solution innovative? What are your unique qualifications or resources and how are you leveraging them? Are there valuable assets near this site (transportation, green space, people, etc.), and what barriers will you need to overcome? Does your site include other financial incentives?
Bold Request / Next Step
Why is this particular OZ project of interest to a developer or investor? What will make your vision possible? What are the critical next steps? Include hard numbers, but provide your high-level conceptual narrative without getting in the weeds, with language intended for a general audience that can be understood by everyone.
This competition will ultimately be scored along two criteria: (1) investability, and (2) impact.