There are a number of benefits to Helmetta residents through this redevelopment project, including:
An estimated $1 million in property tax revenue annually for the borough.
A Helmetta Community Center, built at no charge to borough taxpayers. Public athletic facilities will also be constructed at no charge.
A new streetscape surrounding the property, with attractive landscaping and lighting.
A complete overhaul of a dilapidated parcel of property, which has been neglected over the past 13 years and has attracted vandalism and crime. When complete, Heritage at Helmetta will be a source of local pride.
Such immense local investment will be a catalyst for other redevelopment in Helmetta, from business owners investing in new facades to older, worn-on buildings replaced with attractive, modern construction.
