HADDON TOWNSHIP, NJ—The first of four buildings at Albertson Village, a multifamily rental project being developed by Walters Group, is slated for completion in September 2015. The luxury apartment community is currently under construction on West Albertson Avenue in the Westmont section of Haddon Township.
The first 19-unit building is part of an 82-unit apartment community, which is rising on a former industrial site in Camden County. Redevelopment efforts got underway in the fall of 2014 with completion of the entire project slated for January 2016. The remaining three buildings will each comprise 22 units and are slated for delivery in November, December and January, respectively. The first building will also house one of the eight affordable housing units planned for the community.
Redevelopment of the 3.5-acre brownfield site has included demolition of the Russell Cast and Stone cement factory, which sat vacant for more than 10 years. Walters is using environmentally friendly “green” technologies in the construction of the new buildings and expects to achieve LEED-Gold certification.
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