Businesses

A five-year, $4.7 million construction project begun in 1999 has transformed Summit’s cityscape into a competitive marketplace.  According to real estate broker surveys, it’s one of three communal assets that attract new homebuyers to Summit, alongside excellent public schools and great mass transit connections.

A hundred years ago we were known for commercial greenhouses and silk mills.  Today almost 600 companies do business here, including 150 retail storefronts selling 50 different types of goods and services, ranging from automobiles and restaurants to lawyers and financial advisors.

Our 350,000 square feet of office space may be a third the size of Short Hills Mall, but Summit’s gross town product (GTP) certainly exceeds $150 million.  When we get our factors of production right (including merchant recruitment and sufficient parking), it translates into valuable commercial ratables, which relieve residents of some property tax burden.

Next month the telephone poles along a two-block section of Summit Ave from DeForest to Broad St will be removed, burying all utility wires underground.

Next to persuade more of us to “shop local” . . . in our own collective best economic interest.

Tom's Current Agenda

Smaller Government
Recycling
Public Art
No Freight Trains
Downtown Economy
Municipal Budget
Taxes
Traffic