Jeffersonville— J Money, LLC will revitalize four contiguous commercial spaces and two residential apartments in the Village of Jeffersonville’s downtown, fulfilling a market need and catalyzing future investments in the community. Capital expenditures for the redevelopment project, which is being assisted by a $300,000 JobsOhio Vibrant Communities Grant, total $597,720. The planned investment from J Money, LLC, including acquisition and redevelopment planning for the revitalization of the four buildings, is estimated to reach $823,000.
“Revitalizing commercial property and creating living space in Jeffersonville’s historic downtown will be part of a new era of growth in Fayette County,” said Ohio Governor Mike DeWine. “This project will complement the growth from the nearby Honda and LG Energy Solution’s new battery facility by attracting new businesses and residents and helping to revitalize Jeffersonville’s Main Street.”
Located on Main Street in the center of downtown Jeffersonville, the four properties at 3, 5, 7 and 9 S. Main Street represent nearly 10,000 square feet of space. The newly renovated spaces will be completed in the spring and summer of 2025 and available for lease to businesses seeking space downtown.
“We will spark a renaissance in downtown Jeffersonville by tackling a foundational project with enough significance to create a tipping point,” said Owner of J Money, LLC, Joel M. Oney. “This investment will spur a revival of this small town.”
The first tenants include a conference and event space called Gatherings on Main and office space for J Money, LLC. Additionally, the second floor of 9 S. Main Street will feature two remodeled apartments called Studios on Main.
The renovation of four historic buildings in downtown Jeffersonville adds new residential and retail offerings while fulfilling a business need for office and event space,” said JobsOhio President and CEO J.P. Nauseef. “Creating a more vibrant downtown through placemaking efforts like this will inspire additional investment in the village of Jeffersonville, creating a desirable location to live and work.”
This project was made possible by the collaborative efforts of J Money, LLC, JobsOhio, the Dayton Development Coalition, and the Village of Jeffersonville.
“This project represents one of the most significant investments in downtown Jeffersonville in decades,” said Dayton Development Coalition Executive Vice President of Regional Development Julie Sullivan. “It will not only restore several old buildings but create a more vibrant downtown for businesses and residents.”
The JobsOhio Vibrant Community Program was established to assist small and medium-sized communities implementing catalytic development projects that fulfill a market need and represent a significant reinvestment in Ohio communities. Eligible projects include mixed-use projects, real estate development projects, and shared spaces that meet the JobsOhio project criteria.
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J Money Real Estate, a subsidiary of J Money, LLC, transforms underutilized properties into vibrant, functional, and sustainable communities. With a focus on residential redevelopment, J Money Real Estate recreates living spaces that enhance neighborhoods and provide long-term value. J Money Real Estate, where history meets modern.
JobsOhio, Ohio's private nonprofit economic development corporation, enhances company growth and personnel development through business attraction, retention, and expansion across ten competitive industry sectors. With a team of seasoned professionals, JobsOhio utilizes a comprehensive network to foster talent production in targeted industries and attract talent through Find Your Ohio. Collaborating with seven regional partners, including Dayton Development Coalition, Lake to River Economic Development, Ohio Southeast Economic Development, One Columbus, REDI Cincinnati, Regional Growth Partnership, and Team NEO. JobsOhio delivers world-class customer service to provide companies with a competitive advantage.