Mayor sees progress on Carteret's horizon
Published February 3rd, 2005 in The Star LedgerBy: Sue Epstein
Carteret Mayor Daniel Reiman told more than 100 residents, borough employees and dignitaries that 2004 was a very good year for the northern Middlesex County borough, but 2005 will be even better."This past year has brought about monumental changes in the borough of Carteret, from parks improvements to new business development, from our revitalization efforts to restoring a sense of community feeling and pride to our neighborhoods," Reiman said in his 30-minute State of the Borough address at the Thomas J. Deverin Community Center.
But, he added later, "as productive as 2004 has been for this administration and our residents, 2005 promises to provide new opportunities and to continue the work of building a better Carteret ."
The mayor said the reconstruction of the New Jersey Turnpike's Interchange 12, a long-anticipated project that will continue Industrial Road to the interchange, is expected to begin next month. Once work is completed, large trucks that now exit onto Roosevelt Avenue -- along with everyone else -- will have a separate route.
Reiman said the project will greatly enhance one of the borough's main redevelopment projects, one that will turn the nearby property that once contained three landfills into nearly 1.8 million square feet of commercial/ industrial space during its first phase.
The mayor said the borough is in negotiations with local investors and developers to build 100 units of senior housing, "moving us closer to our ultimate goal of 500 units of age-restricted, affordable housing within the next five years."
Reiman also pointed with pride to the millions of dollars in grants he and his administration have brought to the borough.
"Over the past 12 months, our administration has applied for over $10.5 million in state, county and federal funding," he said. "I am pleased to report that in 2004, we brought in over $7 million in discretionary grants including hundreds of thousands of dollars in transportation and road improvement funds..."
For 2005, Reiman said the administration and council plan "to embark upon a truly new and innovative program" that will provide loans to small businesses that want to locate or expand in Carteret . The borough will partner with local financial institutions to provide up to $500,000 in seed money for "entrepreneurs who have rediscovered the great commercial potential in Carteret ."
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