The Study.
ActivateSalemNow®, a planning and visioning study by AAGNJ, funded by the NJ Economic Development Authority, supported by the City of Salem in October 2022, completed the Report which includes due diligence and feasibility of the properties January 2024.
the purpose.
Reactivate economic vitality in historic City of Salem, New Jersey.
The downtown has more than 60 historic buildings now struggling for revival. Asset Activation Group NJ is a creative planning and rebranding team of LTD Unlimited development company in action making a historic move to rethink and restart economic growth in Salem by focusing on 3 of these buildings now in disrepair adding to a distressed vacant downtown reality. Get ready to recharge, rewire, reset as LTD/AAGNJ offers an opportunity for you, the community, to participate in shared renewed thinking to restoring economic vitality to the streets of Salem.
the properties.
142-144 W Broadway
148 W Broadway
113 Market Street
AAGNJ through NJEDA funding in cooperation with the City of Salem, endeavors to ascertain the feasibility of activating the following under-utilized city owned public assets for the benefit of the Salem community and regional economy: 142-144 W. Broadway, Salem, NJ 148 W. Broadway, Salem, NJ 113 Market Street, Salem, NJ. The City of Salem recognizes the value of the efforts that will be undertaken to create an innovative use of these distressed properties. Our team believes the activation of said properties will help drive economic growth and equity.
the process.
As part of the plan, AAGNJ will engage the community to participate in the visioning process which includes:
one-on-one meetings and interviews
focus group sessions
contractor and official walk-throughs
compilations from a community survey
preparing and conducting a shared vision discussion
The final report, which includes activation team's feasibility of the properties is now accessible.
