Monticello Ave., once one of Jersey City's primary shoppingcorridors, has suffered from closed businesses and economicneglect. "Historically, Monticello Avenue had once been a vitaleconomic corridor for Jersey City," said Mayor Healy.

The rehabilitation project is being managed by the MonticelloCommunity Development Corp., a nonprofit group of local residents,business and property owners and other stakeholders dedicated torevitalizing the area and stimulating economic growth. Healy addedthat "the revitalization efforts of the Monticello CommunityDevelopment Corp. are focused on making Jersey City greater andserve as a catalyst for other businesses in the area to restore orrenovate their sites."

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.