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Remaking The Meadowlands

Make Money Online Emanuel Stern, president of the powerful Secaucus-based development company Hartz Mountain Industries, gazes at an overhead photo of the massive sports complex and its series of parking lots. "The problem with the Meadowlands," Stern says, "is that there is no 'there' there. I think our plan solves that."

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Internet Business Opportunity Today, the New Jersey Sports and Exposition Authority will receive the Hartz Mountain plan and proposals from at least three or four other developers. The Sports Authority, which is the landlord for the five professional sports teams that play in the Meadowlands, will spend three months evaluating the bids and then decide the best way to use the land where the Continental Airlines Arena currently sits -- assuming an arena is built in Newark.

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Free Money All plans are expected to include a mix of entertainment facilities and retail stores.

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Work At Home Business The Hartz Mountain proposal, which Stern designed with Forest City Ratner Companies of Brooklyn, puts a major convention center at the center of a 4.1 million-square-foot hotel and entertainment complex. The redeveloped areas stretch from the very edge of the Meadowlands Racetrack to just a few yards from the New Jersey Turnpike.

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Free Online Affiliate Program "This plan complements our region, it does not cannibalize it," Stern said. "It's a place to come before or after a game, or to come to when there is no game at all."

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Auction Coin Money Paper The chance to remake the Meadowlands has drawn interest from industry heavyweights and will mark the McGreevey administration's most serious attempt to satisfy Bergen County officials who have withheld support for efforts to move the Nets and Devils from East Rutherford to Newark. YankeeNets, the sports company that controls the teams, wants to move its franchises to a proposed $355 million Newark arena by 2005.

Franchise Business Opportunity James Hughes, dean of the Edward J. Bloustein School of Planning and Public Policy at Rutgers University, characterized the competing developers as "major, national players." He added that "they wouldn't be going into this unless they believe the economic viability of whatever they are proposing in the Meadowlands is extraordinarily high."

Best Free Online Affiliate In addition to the Hartz-Forest City proposal, the agency expects to receive a second joint proposal from the Mills Corp., a mall developer from Arlington Va., and Mack-Cali of Cranford for a 2.2 million-square-foot retail and entertainment complex.

Blogging Money Thebillivard A spokesman for Mills did not return phone calls seeking comment, and neither Gov. James E. McGreevey nor George Zoffinger, the Sports Authority's chief executive, would comment on bids until they present them at a news conference Thursday.

Best Home Based Business The Sports Authority, which sent out a request for proposals in July, also expects a proposal for a NASCAR speedway and an automobile racing park. Developer Donald Trump said earlier this month he will submit the NASCAR proposal along with International Speedway Corp., the country's largest builder of auto racing facilities.

Affiliate Marketing Program Hartz, the developer most responsible for transforming the Meadowlands from a vast swamp to a modern mix of office buildings, shopping plazas and residential facilities, has long been considered one of the front-runners for the project at the sports complex.

Money Site Thebillivard Com Stern has a close relationship with McGreevey and his privately held company has a no-nonsense reputation.

Online Business Opportunity McGreevey has made it clear he doesn't want another massive mall, and that he wants to maintain a sports theme at the 750-acre complex that is also home to Giants Stadium and the Meadowlands Racetrack.

Pay Per Click Affiliate Every proposal also has to meet with the Giants' right to 26,000 surface parking spaces at the complex.

Cnn Money Stern said the master plan for what he calls "Expo Park" allows for light rail from the Vince Lombardi Service Area and calls for two major plazas with a pedestrian walkway running through the spine of the development. An ornate, Italian-style bridge spanning Route 120 connects the two plazas.

Business Opportunity Lead The western side of the complex includes more than half of the 900,000 square feet of entertainment and retail space, a 12-screen movie theater, and a town square.

Affiliate Program Directory The retail and restaurant space would be geared toward sports-related venues, such as the ESPN Zone or fishing stores where customers actually catch fish.

Making Money Program The eastern section calls for a 500,000-square-foot convention center, hotels, 2 million square feet of office space and an indoor miniature Formula One racing track.

Work From Home Business Stern also said an "extreme sports arena" would sit in the center of the hotel and convention center complex in the style of the skating rink at Rockefeller Center.

Internet Marketing Affiliate Still to be determined, however, is whether a major convention center could survive just five miles from the Jacob K. Javits Convention Center in midtown Manhattan. The Meadowlands convention center would be slightly less than half the size of the Javits Center, but nearly twice the size of the 280,000-square-foot Atlantic City Convention Center.

Money In The Bank "The region could absolutely support a convention center," said Richard Fritzky, president of the Meadowlands Regional Chamber of Commerce. "I know enough about Hartz to say if they are proposing this, they believe it would be successful."

Internet Home Business Stern declined to discuss financial details, including its cost and who would own and operate the convention center.

Credit Card Affiliate Program The Sports and Exposition Authority plans to select a master developer for the project by the end of the year.

Unclaimed Money By Matthew Futterman
Star-Ledger - 9/17/2002

Topic: Meadowlands

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