Telephone poles are coming down
along a 4-block section of Summit Avenue, from DeForest to Broad Street.
The utility infrastructure serving downtown Summit is now completely up to
date and buried underground.
This is the long-awaited final
step in a $4.7 million face-lift councilman Bill Rosen began eight years ago
to transform our cityscape into a competitive marketplace.
Construction of new curbs,
sidewalks, lighting, mini-parks, and traffic claming devices proved very
disruptive at first Some merchants had trouble surviving the
millennium.
But with additional parking,
fresh street signage and excellent mass transit connections, no one
complains about tree-wells any more. In fact, very few storefronts are
empty these days, and a wait list actually exists for certain locations.
Approximately 600 companies do
business dontown including 150 retail storefronts. Collectively the
generate a Gross Town Product (GTP) around $200 million a year judging from
the 350,000 sq feet of office space occupied.
100 years ago industries like
greenhouses and silk mills abounded. Today restaurants, car
dealerships, realtors, and financial asset managers account for most
profits.
Anything that improves the
economic viability of Downtown is good news for Summit.
Commercial/Industrial ratables have fallen $.5 billion versus $2.5 billion
Residential, so 81% of local taxes today are paid by households.
Thirty years ago homeowners carried just 70% of the burden.
Residents have a huge stake
downtown whether they personally own/operate a business there or not.
Our revitalized CRDB district has made Summit to choices for shoppers and
home-buyers alike.
We won't miss the utility poles
either. Last time the old Civil Defense siren at corner of DeForest &
Summit Ave wailed for 30 seconds every Saturday noon was 1989. Good
riddance!