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."
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