Morristown – Amended Speedwell Avenue Redevelopment Plan on January 12, 2012 Agenda
Morristown Patch reports that the Town Council will vote on an Amended Speedwell Avenue Redevelopment Plan on January 12, 2012.
IPhoto Credit – John Dunphy, Morristown Patch
As noted in the Patch article, its been a long-time coming. The redevelopment initiative for the Speedwell Avenue area began in the early 2000s with an actual “in need of redevelopment” designation occurring for a portion of the area around 2004. The full text of the Speedwell Avenue – Final Amended and Restated Redevelopment Agreement may be viewed on the Town of Morristown website here.
Several businesses in that general vicinity have continued to thrive during the period in question – Martys Reliable Cycle Center, Rago Brothers, Community Options and others. We’re interested to see if the Town’s “redevelopment” efforts attract new businesses to the area.
We’ll keep you posted as this project progresses.
For more background on this topic, see:
New Speedwell Redevelopment Plan Adopted
Morristown’s Speedwell Redevelopment Moving Forward (Slowly)
