The Exchange Place Alliance invested nearly $1 million in public art throughout Jersey City last year, marking the largest annual public art expenditure by a nonprofit organization in the city’s history.
The funds were used to purchase, install, restore and maintain public art throughout the city.
More than $250,000 went toward restoring four civic monuments, including the Jersey City Police Memorial, Soldiers and Sailors Monument, Philippine Plaza Memorial, and Korean War Veterans Memorial.
Another $250,000 funded the purchase and installation of six new public artworks along the waterfront corridor and in the Powerhouse Arts District, including a curated window installation.
The organization spent approximately $200,000 on three additional sculptures planned for the 108 1st St. walkway and other district locations. Nearly $200,000 supported the Alliance’s art wall initiative and conservation of existing artworks.
“Public art is a vital component of a city’s cultural ecosystem,” Deidre Reynolds, executive director of the Exchange Place Alliance, said in a statement. “It reflects who we are, what we value, and how we invite people to experience public space. Investments like this ensure that art is not an afterthought, but a permanent and visible part of Jersey City’s identity.”
The arts and culture sector generated $45.95 million in total economic activity in Jersey City, according to the 2023 Arts & Economic Prosperity Report from Americans for the Arts.
“Ensuring that residents, workers, and visitors can enjoy and engage with public art is a vital part of our mission,” Michael DeMarco, chairman of the Exchange Place Alliance, said in a statement.
