This video features Downe Township mayor Bob Campbell, local business owner Paul Waterman, and other local residents talking about the state buyouts of property at Money Island, New Jersey. The buyout of residences along both sides of the Delaware Bay is an essential prerequisite and enabling factor for the expansion of education, aquaculture and marine fisheries activity in the future. Naturally this causes tensions within the community. Money Island’s past existence with quiet waterside residences in a recreational fishing community has given way to a more active future in eco-tourism and education, aquaculture and commercial seafood harvesting. Nantuxent Corporation founder Tony Novak points out that this inevitable tension directly led to the community’s fast transformation in recent years and the sustainable eco-friendly redevelopment opportunity that exists today.
In fact, while seas and climate-related water changes are bad for residential communities and recreational fishing, these changes are generally helpful to the aquaculture and commercial seafood harvesting industry.
Nantuxent Corporation works in partnership with a number of commercial, educational, government and nonprofit entities to help balance the interests of all stakeholders. Striking this balance will help speed up the redevelopment of Money Island as an aquaculture and educational hub if the middle bay region.