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Community Ownership Community ownership of assets gives residents control of their future. Neighborhood revitalization linked with a strategy for local ownership eliminates blight, expands resources, and gives residents a way to drive community change without being displaced by it.Since 1998, JCNI has supported the development of Market Creek Plaza, a $23.5 million commercial and cultural center built on the former site of a 20-acre abandoned factory at the heart of the Diamond Neighborhoods. Because we believe that residents must have a voice in changing their neighborhoods, we work with a network of community teams that guide decision-making for the project. Together, we are working to create a vibrant community hub incorporating multi-cultural arts and entertainment, as well as essential products and services. To make community ownership of the project a reality, a design team of over 120 residents helped us create Market Creek Partners, a community development limited liability company. This innovative new entity provides a way for residents to share in the risks and rewards of the project they are helping develop. |
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