JBlog

JARIC Development documents the transformation of Jersey City’s historic architecture through adaptive reuse, sustainability, and design innovation. Follow our progress as we restore landmark buildings like the Sacred Heart campus, reviving their legacy for a new generation of residents, creators, and communities.

The Multiplier Effect of Local Independent Businesses

“On average, 48 percent of each purchase at local independent businesses was recirculated locally, compared to less than 14 percent of purchases at chain stores.”

Supporting entrepreneurs is at the core of our development projects. We believe strong local businesses create strong connections to the community that long outlast opening day. Read more here about “the multiplier effect” of local businesses and how the money stays in the community;

https://www.amiba.net/resources/multiplier-effect/

Doug Livingston