Search
 

Liberty Leading $1B Camden Waterfront Redevelopment

CAMDEN, NJ—Liberty Property Trust will lead development of a new $1 billion development that will redefine the Camden Waterfront. It would be the largest private sector investment in Camden's history, creating thousands of construction jobs and bringing thousands of permanent jobs to the City.

By Steve Lubetkin | Updated on September 28, 2015

CAMDEN, NJ—Liberty Property Trust will lead development of a new $1 billion development that will redefine the Camden Waterfront by creating as much as 1.7 million square feet of office space and include a hotel, retail and a residential component. The development would be the largest private sector investment in Camden’s history, creating thousands of construction jobs and bringing thousands of permanent jobs to the City.

 “The Camden Waterfront represents a unique opportunity to develop a project of this scale in the center of a major metropolitan area. This visionary project will reshape the central waterfront in a way that will be truly transformative for Camden,” says Bill Hankowsky, chairman, president and CEO of Liberty Property Trust. “Through the Grow NJ program, the state of New Jersey has created an economic development program which, if approved, has the potential to be truly transformative to the city of Camden. It will create a sustainable, high performance environment that could not only ensure the future of the city but also enhance the competitiveness of the entire Philadelphia region.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.