Latest news with #TimSullivan
Yahoo
12-05-2025
- Business
- Yahoo
Registration Now Open for the 2025 Sunbelt Builders Show™
AUSTIN, Texas, May 12, 2025 /PRNewswire/ -- Produced by the Texas Association of Builders (TAB), the Sunbelt Builders Show™ is the leading residential construction trade event in the Southwest—designed to foster business development, connection, and insight during a fast-evolving time for the industry. The 2025 Show responds to today's dynamic market conditions with a focus on high-quality programming, relevant products, and meaningful face-to-face networking. Builders will find a strategic, high-ROI alternative to the scale-over-substance approach of larger expos. It is a timely and trusted investment for builders seeking clarity, community, and calculated business planning. Registration is now open for the 2025 event, taking place July 29–30 at the Gaylord Texan Resort in Grapevine, Texas. Highlights of this year's Show include: Keynotes from top voices including Brittany Hodak on customer engagement, and Tim Sullivan and Bryan Glasshagel of Zonda on housing economics. A legislative recap by TAB CEO Scott Norman and a panel of experts, detailing new Texas laws going into effect as a result of Texas' 89th Legislative Session. Professional development courses covering workforce development, AI in marketing, construction tech, financial planning, and wellness in the trades. TAB will also host its Committee, Council, and Board Meetings onsite, allowing members to engage directly in shaping policy and strategic planning. Beyond education and exhibits, Sunbelt offers builders a vibrant community experience through social events like: The Young Professionals First-Timer Happy Hour The Chip Dence PAR-TEE with a Purpose at Topgolf, supporting workforce development through the Texas Builders Foundation Big Time Neon Nights at the Glass Cactus, featuring '80s band, The Spazmatics The 32nd Annual Star Awards Dinner, honoring builders, remodelers, designers, developers, and marketers in Texas. To learn more about Sunbelt's exhibitors, professional development lineup, and social events, visit About the Texas Association of Builders: Founded in 1946, the Texas Association of Builders is an affiliate of the National Association of Home Builders and has 26 local home builders associations across Texas. With a membership of nearly 10,000 representing over 758,000 jobs and more than $71.5 billion annually in the Texas economy, TAB plays a crucial role in providing housing for Texans. For more information about the Texas Association of Builders, visit FOR INFORMATION, CONTACT: Sarah Venkatesh, Marketing & Communications Manager(512) 476-6346 | sarah@ View original content to download multimedia: SOURCE Texas Association of Builders Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
30-04-2025
- Business
- Zawya
Governor Murphy announces MOU between Masari Association and the New Jersey Economic Development Authority
Manama, Bahrain — As part of its Governor-led economic mission to the Gulf Arab States, Choose New Jersey facilitated the signing of a Memorandum of Understanding (MOU) between the Masari Association, an independent Bahraini youth organization, and the New Jersey Economic Development Authority (NJEDA). The MOU, which was signed by Tim Sullivan, CEO of the NJEDA, and witnessed by Governor Phil Murphy, creates internship opportunities in New Jersey for highly-skilled Bahraini youth and strengthens the long-term economic and cultural connections between the Kingdom of Bahrain and the State of New Jersey. 'This MOU is a shining example of how international collaboration can empower the next generation of global leaders,' said Governor Phil Murphy. 'We are proud to open new doors for New Jersey businesses and Bahraini students to grow our thriving economy, contribute to its innovation, and help Bahraini youth return home with meaningful experiences that benefit both of our regions.' The Masari Association, which operates under the authority of Bahrain's Ministry of Youth Affairs, offers young people local and international programs that promote professional development and workforce preparedness. Through this MOU, Masari and NJEDA will collaborate to connect Bahraini youth with New Jersey-based companies, enabling real-world internships that align with Bahrain's economic vision and priorities. 'We are proud to witness the signing of the Memorandum of Understanding between the Masari Association and the New Jersey Economic Development Authority—an important milestone in advancing our shared commitment to youth empowerment,' said Rawan Bint Najeeb Tawfiqi, Minister of Youth, Masari Association. 'This strategic partnership marks a significant step toward fostering meaningful collaboration that will open new doors for Bahraini youth to engage with and learn from a leading global economic environment. By gaining practical experience and developing key professional skills, our young people will be better equipped to thrive in today's dynamic world. At the Ministry of Youth Affairs, we remain steadfast in our dedication to supporting initiatives that cultivate empowered, capable, and future-ready youth who are prepared to contribute meaningfully to Bahrain's sustainable development and prosperity.' The MOU outlines a series of collaborative efforts, including information sessions between Masari participants and New Jersey industry leaders, direct engagement with hiring organizations, and coordination of intern placement and onboarding. Both parties will work closely to ensure the experience supports the goals of its host companies while giving Bahraini youth exposure to the New Jersey business environment and culture. 'We believe that investing in young people today builds stronger economies tomorrow,' said Tim Sullivan, CEO of The New Jersey Economic Development Authority. 'We look forward to welcoming Bahrain's talented youth into New Jersey companies, helping them grow professionally and strengthening the bonds between our two regions into the future.' 'Choose New Jersey is proud to support programs that empower future leaders and build global partnerships,' said Wesley Mathews, President and CEO of Choose New Jersey. 'This internship program allows two forward-thinking economies to invest in the long-term success of our economies while creating a valuable cultural experience for the next generation.' About Choose New Jersey Choose New Jersey is the state's leading non-profit business attraction organization. We harness the collective power of New Jersey's business, government, labor, and academic sectors to expand New Jersey's economy. We work globally, using our marketing expertise, concierge business development services, deep knowledge of the state, and convening power, in collaboration with state government, to empower businesses, entrepreneurs, leaders, and innovators to make New Jersey their home. About the NJEDA The New Jersey Economic Development Authority (NJEDA) serves as the State's principal agency for driving economic growth. The NJEDA is committed to making New Jersey a national model for inclusive and sustainable economic development by focusing on key strategies to help build strong and dynamic communities, create good jobs for New Jersey residents, and provide pathways to a stronger and fairer economy. Through partnerships with a diverse range of stakeholders, the NJEDA creates and implements initiatives to enhance the economic vitality and quality of life in the State and strengthen New Jersey's long-term economic competitiveness. Learn more at About Masari Association Masari Association is a national initiative established by Royal Decree No. (12) of 2024, under the umbrella of the Ministry of Youth Affairs in the Kingdom of Bahrain. Spearheaded by His Highness Shaikh Nasser bin Hamad Al Khalifa, Representative of His Majesty the King for Humanitarian Work and Youth Affairs and Chairman of the Supreme Council for Youth and Sports (SCYS), Masari is dedicated to empowering Bahraini youth through education, skills development, and career-building opportunities. The Association plays a strategic role in bridging the gap between youth and global opportunities by facilitating access to international scholarships, internships, and professional training programs. Through strong collaborations with embassies, international universities, global corporations, and multilateral organizations, Masari identifies high-impact opportunities and ensures that young Bahrainis are equipped to thrive in a competitive global landscape. Masari operates a comprehensive outreach model, allowing youth to register interest in opportunities, receive tailored guidance, and navigate the application process with the association's support. The association also actively fosters public-private partnerships to enhance talent development and national workforce readiness. With a forward-looking vision and government-backed mandate, Masari continues to be a catalyst for youth development in Bahrain, paving the way for the next generation of leaders, innovators, and professionals.
Yahoo
17-03-2025
- Business
- Yahoo
NJ awards up to $104 million tax break in Nokia Bell Labs 10-story New Brunswick tower
The New Jersey Economic Development Authority (NJEDA) Board has approved tax credits through the Aspire Program to support the second New Jersey Health + Life Science Exchange's (HELIX) building in New Brunswick, known as H-2. Nokia Bell Labs, the industrial research arm of Nokia, will serve as the main tenant of H-2, a 10-story, nearly 370,000-square-foot building that will be an innovation hub in the city's downtown. The first phase of the HELIX was approved for Aspire tax credits in 2023. The HELIX will bring together New Jersey's public, private and academic sectors to create a world-class hub of innovation and a strong base of support and talent pipeline for innovative companies. The HELIX campus, consisting of three separate buildings, will provide 1.5 million square feet of multifaceted, state-of-the-art environments supporting the gamut of health and life science organizations and professions. NJEDA CEO Tim Sullivan said the Aspire Program fuels catalytic development projects that transform communities into dynamic, transit-oriented hubs, ideal for living, working, and doing business. "With today's Aspire award, Nokia Bell Labs addition to the HELIX will further support New Brunswick's innovation ecosystem by creating cutting-edge technology, high-quality jobs, and long-term economic growth that will benefit generations of New Jerseyans,' he stated. More: Rutgers building $567 million new medical school, research facility in New Brunswick Last month, the NJEDA announced it will partner with Nokia Bell Labs to launch a Strategic Innovation Center (SIC) consisting of the NJ Nokia Innovation Center and Bell Labs Venture Studio, both of which will eventually be located at H-2. Both components will be focused on enabling startups to accelerate and commercialize intellectual property from Nokia Bell Labs and local universities with an emphasis in the fields of communication, artificial intelligence, cloud computing and optical and wireless networks. H-2 will be a research and development facility comprised of chemistry and biology laboratories, data centers, 3D printing areas, machine shops, office space and conference rooms. The main lobby of H-2 will include a technology showcase and a coffee shop, which will have access to the Paseo, a public outdoor space connecting the Rutgers campus, the Robert Wood Johnson University Hospital District, the New Brunswick train station and the Government and Arts District in downtown New Brunswick. SJP Properties is the lead developer of H-2 and was approved for Aspire tax credits of up to 80 percent of the eligible project cost, not to exceed $103.9 million. Aspire is a place-based economic development program created under the New Jersey Economic Recovery Act of 2020 to support mixed-use, transit-oriented development with tax credits to commercial and residential real estate development projects that have financing gaps. All residential Aspire projects must include at least 20 percent affordable housing. As a performance-based program, projects must certify that all commitments established at time of approval have been met before receiving their first disbursement of tax credits. This article originally appeared on NJ awards up to $104M tax break in downtown New Brunswick development
Yahoo
24-02-2025
- Business
- Yahoo
State takes step toward construction of park linking Jersey City and Montclair
The abandoned Rowe Street Station in Bloomfield was a stop on the old Boonton line, which the state wants to turn into a High Line-style park. (Photo courtesy of Wheeler Antabanez) The New Jersey Economic Development Authority's board took a key step Monday toward advancing construction of a proposed linear park connecting Jersey City and Montclair called the Greenway. A memorandum of understanding approved by the board calls for the authority to hire a construction manager for the Greenway, which is set to replace nine miles of disused rail lines, and begin construction on the project's first phase, a 0.8-mile stretch of development in Newark, later this year. 'It's a really cool, important project. The governor described this as the High Line of Hudson-Essex County,' said Tim Sullivan, the state agency's CEO. The High Line is a popular park in Manhattan built on an elevated former railroad. The authority expects to have a construction manager ready for board approval in May, when it is set to establish a project budget for the Greenway's first phase, which is unlikely to require new funds. The state has spent more than $20 million on land purchases and other expenses related to the Greenway, another $34.2 million from a state debt prevention fund has been earmarked for the project, and Gov. Phil Murphy set aside federal funds for it in New Jersey's fiscal year 2023 budget. Officials could also tap the New Jersey Turnpike Authority's coffers for additional funding. The board approved the memorandum unanimously. Board member Phil Alagia abstained. 'The county of Essex is intimately involved in this, so I'm going to recuse myself. I believe some of the property's ours as well,' said Alagia, who is chief of staff to Essex County Executive Joe DiVincenzo. Separately, the board accepted $65 million from the state Treasury. That money, coupled with $35 million of the authority's own funds, will be used to purchase vacant property for transit-oriented development. The authority is still drafting a list of properties for purchase and redevelopment, with the aim of purchases in June. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
