Old Jersey City Medical Center at the heart of new development plan
Officials are hoping a $250 million redevelopment project at the site of the old Jersey City Medical Center will inject new financial life into Jersey City.
Jersey City Mayor Jerramiah Healy says he fully supports the plan that will give a massive facelift to the art deco hospital buildings. According to the mayor, the redevelopment could include condominiums, commercial developments and retail space. The redesigned area will be called The Beacon.
Area business owners say they are looking forward to the projects completion. According to the owner of a nearby pharmacy, local store profits took a serious hit after the medical center closed less than a year ago.
The project is slated to get underway during the fall of 2005.