The Hub At Martin Luther King Drive
This development will combine a 60,000 square feet of community-owned shopping center
alongside a light-rail station. This redevelopment plan has garnered national awards. Growth
will be fostered through public/private partnerships and extensive community participation.
MLK HUB: LIVING THE DREAM
$40 million invested since 1997
about 300 new jobs created
Nearly 82% of space leased to entrepreneurs with “Jersey City connection”
77% of space leased are minority owned businesses
83,500 square feet Shopping Plaza (nearly 400 parking spaces)
51,000 square feet CitiMarkets Supermarket (the anchor)
27,000 square feet Post Office
Prospective Market within 1 mile radius:
80,000 residents (66% African-Americans)
36% of housing units occupied by homeowners
Per annum:
2.6% average decrease in poverty
15% growth in home values
7.6%—7.9% average income growth since 1980s
(by per capita, household, or family)
$720 M expenditure ($99 M in groceries)
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Awards
NJ Chapter of the American Planning Association (1995)
The Paul Davidoff Award from the American Planning Association (1995)
Blue Ribbon, Housing and Urban Development’s Best Practices (1998)
NJ Chapter of the American Planning Association Implementation Award (1999)
“Good Neighbor Award” from the NJ Business and Industry Association (2000)
New Jersey Downtown 2001 Excellence Award
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