Commerce_21_07_v34 | Page 48

■ Manufacturing
■ Real Estate

■ Manufacturing

Continued From Page 42
Zyter Smart Factories has asset-tracking capability to quickly locate manufacturing materials or mobile equipment and send alerts if assets are being moved without authorization .
Photo : Getty Images / iStockphoto
Zyter Smart Factories can send machine malfunction safety alerts to notify supervisors and on-site medical personnel to preempt potential worker injuries .
retail , travel and construction . By integrating and consolidating data from IoT devices and applications , organizations can gain new insights to improve efficiencies while providing end-users with an engaging digital experience . In 2020 , Zyter won more than 50 awards for its products . For more information on Zyter Smart Factories , please visit www . Zyter . com / smartfactories .

■ Real Estate

Continued From Page 44 the redevelopment initiative being led by BAW Development and RPM Development Group .
The redevelopment now underway represents Paterson ' s most ambitious large-scale development in many years . The initiative is highlighted by the complete refurbishment and modernization of the historic stadium , which will make the facility ADA compliant and improve the field , rest rooms , lighting , scoreboard and seating areas .
In addition to the 7,800-seat athletic facility , the project also includes ground-up development of :
◾ A 12,000-square-foot restaurant and event space that will pay homage to the professional and high school athletic exploits at Hinchliffe Stadium , as well as related racial issues .
◾ A six-story , USGBC LEED Platinumcertified affordable senior housing building featuring 75 studio , one- and two-bedroom units .
◾ A 5,200-square foot preschool ; and
◾ A 314-space structured parking garage .
◾ The ballpark was initially built with public funding during the Franklin D . Roosevelt administration , and has been owned by Paterson Public Schools since the 1960s . BAW Development secured a majority stake in the ballpark in 2021 .
Founder of BAW Development Baye Adofo-Wilson
The historic stadium was designed with an elegant architectural style that includes an Art Deco exterior and a classical , amphitheater-style horseshoe-shaped interior that can serve as a field for baseball , football , soccer , track and lacrosse as well as concerts and other cultural events . When construction is completed , it will become John F . Kennedy High School ' s home field for several sports , and will also serve the broader community for concerts , festivals , sports camps and other semi-pro and professional sporting events .
“ The Hinchliffe Stadium Neighborhood Restoration Project is a unique project that required a remarkably creative financing strategy ,” says Joe Portelli of RPM Development
Baseball personalities Willie Randolph and Harold Reynolds at the groundbreaking .
Group . “ We had to reach deep into the community development toolbox . The way that our 10 partners — four public entities and six private institutions — were able to work with us to navigate various regulations , program rules , and approval timeframes to execute this financing was impressive . We have been so focused for so long that it is also easy to forget that they made their commitments during the height of the COVID‐19 pandemic and a time of great uncertainty . We are especially grateful to the Murphy administration for its supports of the project through the New Jersey Housing and Mortgage Finance Agency and the New Jersey Economic Development Authority .”
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