Business & Finance

Council approves business improvement districts for Bloomfield Avenue and Lower Broadway

The City Council approved a business improvement district for Bloomfield Avenue and Lower Broadway in Newark.

The City Council unanimously approved legislation today to create a business improvement district along Bloomfield Avenue and Lower Broadway in the North and Central wards.

The BID designation will allow the city to impose a special assessment on commercial properties within the district with the goal promoting employment and economic growth as well as better residential property maintenance.

With the designation of Bloomfield Avenue, the North Ward now becomes the only ward in the city with two separate neighborhood BIDs. Mount Prospect Avenue was designated a BID several years ago and is run by the Mount Prospect Partnership, a non-profit organization that collects the special assessment.

Sign Up for E-News

“The Mount Prospect Avenue Partnership is proof that a BID can have a positive impact on a business corridor,” said North Ward Councilman Anibal Ramos Jr., who sponsored the legislation and worked closely with businesses and property owners along Bloomfield Avenue to create the BID.

“Bloomfield Avenue is a gateway to our city,” Ramos said. “It has tremendous potential to become a thriving commercial corridor that can provide jobs and new housing options for our residents.”

Lower Broadway, which is in the Central Ward, recently underwent streetscape improvements.

The BID will be run by the Bloomfield Avenue/Lower Broadway Alliance, or BLAB. All commercial properties within the district, including industrial and apartments with more than four units, will pay the special assessment. Residential properties with four units or less are excluded from the special assessment.

The BID will be able to provide a variety of services to help businesses and property owners, including funding the improvement of exterior appearance of properties in the district through grants and loans, funding rehabilitation of properties in the district, providing security, sanitation, and other services in the district.

TAP Into Another Town's News:

You May Also Like

Sign Up for E-News


Christie, Booker, and Baraka show strong support for Newark to be next Amazon HQ

October 16, 2017

A bipartisan trinity of New Jersey politico firepower assembled in downtown Newark to shoot the first salvo needed to score a major economic triumph for New Jersey's largest city: the construction in Newark of the new corporate headquarters for Amazon, the world's largest online retailer.  

All three of the prime politicians in place inside Rutgers Business School on ...

Newark civic leaders slam Guadagno's anti-Murphy TV attack ad

October 13, 2017

A group of notable Newark leaders spoke out as one to protest the release by the campaign of Republican gubernatorial candidate Kim Guadagno of a highly negative attack ad slamming Phil Murphy, the Democratic gubernatorial candidate.

Across the board, all of these major city players, including a pastor and prominent politicians, called out Guadagno, who has served as Gov. Chris Christie's ...

Rutgers Alumni Announce Creation of Political Action Committee to Support University

October 3, 2017

Rutgers Alumni Announce Creation of Political Action Committee to Support University

“Scarlet PAC” Co-Chaired by Mike DuHaime and Maggie Moran; Comprise Distinguished Alumni Across Diverse Business Sectors

NEW BRUNSWICK, NJ – October 3, 2017 – As the general election season heats up, with candidates vying for Governor and the 120 seats in the state Legislature, a ...

Using My Words to Fight on Behalf of My Family and Public Charter School

October 16, 2017

On Tuesday, October 17, the New Jersey Charter School Association will be holding its annual conference, bringing public charter school leaders from across the state to Newark. One of the school represented will be the Paul Robeson Charter School located in Trenton, New Jersey.  The following op-ed was written by a Latifah Austin, a parent born and raised in Newark, who now lives in Trenton.