Description:
Morris Canal Incentives Urban Renewal, LLC is a joint venture between Landmark Developers and the Morris Canal Redevelopment Area Community Development Corp. The project will consist of a mixed-use development at 100 Monitor Street with approximately 240 market rate units and 17 on-site affordable units. The ground floor will consist of retail opportunities and a day care facility for the neighborhood. In addition to this, MCI will also develop 35 to 45 affordable housing units at 406-420 Communipaw Avenue and 201 Woodward Street.
Status
The Agency and MCI entered into a Redevelopment Agreement on July 12, 2007. As part of the project, the Agency has been acquiring parcels along Communipaw Avenue. |