Camden Waterfront Development Approved, With Tweaks

Waterfront View of the Camden Waterfront – copyright Volley for Robert A.M. Stern Architects

View of the Camden Waterfront from the Delaware River | © Volley for Robert A.M. Stern Architects

The New Jersey Economic Development Authority signed off on Liberty Property Trust’s ambitious $1 billion plan to redesign the Camden waterfront last week after Liberty made some revisions and upgrades.

According to Greg Adomaitis at NJ.com, the plan’s cost has been trimmed to $830 million. Instead of the 1,638 residences that were first proposed, there will now be only 211. There are also now roughly 4,000 parking spaces in the plan.

There has also been a series of changes to the design of the massive development, which will now extend from the Ben Franklin Bridge to Market Street and encompass 26 acres. In addition to the extension of Market, Cooper and Penn streets to the river’s edge, two new north-south streets will be created that will form the boundaries for a mid-rise commercial building. Cooper Street will also be widened to help develop walkways.

According to the new plan, there will also be a shuttle service serving the development, City Hall and the Walter Rand Transportation Center, and there will also be a ferry stop connecting the Wiggins Park ferry terminal with Philadelphia.

Why Campbell Soup is Betting $125 Million on Startups

Campbell Soup Co. headquarters in Camden, N.J.

Campbell Soup Co. headquarters in Camden, N.J.

How does a 147-year-old food company reinvent itself in the face of a seismic shift in the way people eat? Partner with young, innovative startup companies disrupting the space.

For the past few years, Campbell Soup has been on a mission to become a healthier food company as people are looking for healthier, less processed food items. In 2012 it acquired Bolthouse Farms (makers of juices, bagged carrots and salad dressing), and in 2013 it bought Plum Organics (organic baby food and kid snacks). In 2015 it acquired salsa, hummus and dip maker Garden Fresh Gourmet for $231 million.

But this week the company added a new tactic to its arsenal — a $125 million venture capital fund. Read more »

Sixers Release Rendering, Photos of Camden Practice Facility

Sixers

A newly released rendering of the Sixers’ $82 million headquarters and practice facility in Camden, N.J. Photo courtesy of the Sixers.

The Sixers have released a new rendering and a few construction photos for its new practice facility and corporate headquarters in Camden. The team also announced that it secured a $44 million loan for the project from Firstrust Bank. That came just a few weeks after the Sixers signed Firstrust as their banking sponsor — despite playing in an arena, the Wells Fargo Center, named for a rival bank. Read more »

Court: No, Cooper Hospital Can’t Be Camden’s Sole Paramedic Provider

Cooper and Virtua continue to battle over ambulatory services in Camden.

Cooper and Virtua continue to battle over ambulatory services in Camden.

Cooper University Hospital and Virtua have been battling for months over a controversial new law allowing Cooper to effectively take over paramedic services in Camden County. But on Tuesday, Mercer County Superior Court deemed the law unconstitutional.

The legislation, signed by Gov. Chris Christie in July, said that all advanced life support (ALS) services must go through each county’s level-one trauma center. In Camden County, that’s Cooper, which said the law will lead to better treatment for patients. But Virtua has been providing paramedic services in Camden County for 38 years and was very vocal about their opposition to the law.

The law also affected Hamilton County, where all ALS services were now set to go through Robert Wood Johnson University Hospital — but that angered the folks at Capital Health, who have been providing such services since 1977. Read more »

Will New Subaru HQ Really Revitalize Camden? Um, Maybe.

Subuaru - Camden HQ groundbreaking

The groundbreaking at Subaru’s new Camden headquarters was done, appropriately, by an Outback. (Photo: Dan McQuade)

Subaru put on quite the dog-and-pony show today.

Outside an enormous tent, the company set up a display of four Subarus from its history in the United States, from a 1968 Subaru 360 to a 2015 Outback. Inside the tent, every seat at the ceremonial groundbreaking at Subaru of America‘s new Camden headquarters had a mysterious black box on it. (It had a mug and a floor mat-style coaster in it.) There were copious amounts of food and drink. A brass band played Christmas songs and selections from West Side Story, including “I Feel Pretty.”

When the event began a line of speakers praised Subaru, its new development, the city of Camden, the Campbell Soup Co., government officials and, well, each other. Everyone talked about what a great development this headquarters would be for the City of Camden. Michael McHale, Subaru of America’s head of communications, ended the speeches by saying that the groundbreaking wasn’t quite complete without a little more fanfare. In walked the Camden High School drum line.

The curtain at the back of the tent then dropped, and the band marched out to the pile of dirt. The dignitaries posed for photos as the groundbreaking began: A Subaru Outback, fitted with a plow, pushed a pile of dirt up a hill. The ground was broken, or at least moved around a bit. The new headquarters for Subaru of America, which is currently located on Route 70 in Cherry Hill, is scheduled to open near the end of 2017. Read more »

Here’s What Subaru’s New Camden HQ Will Look Like

Subaru - Camden HQ rendering

Rendering courtesy Subaru of America

Subaru held an elaborate groundbreaking today for its new Camden headquarters in the Gateway District, next to the Campbell’s Soup Company.

Subaru’s headquarters is the first part of a new development in Camden, which Brandywine Realty Trust is calling Knights Crossing. It’s named after Camden’s old Knights Point area (now Kaighnsville), which Dempsey Daniel Butler set up for freed slaves and other black residents of Camden in the 19th century. Read more »

Groundbreaking at Subaru’s New U.S. Headquarters in Camden set for Next Week

The site is bound by Federal and Newton avenues in the north, and 11th Street to the south | Google Street View

The site is bound by Federal and Newton avenues in the north, and 11th Street to the south | Google Street View

Subaru of America will break ground on its new U.S. corporate headquarters next week, as the company officially cements its move from nearby Cherry Hill to the Gateway District on Admiral Wilson Boulevard near Campbell’s Soup Company.

The District is owned by Campbell’s, and the 13-acre swath of the city is being developed by Brandywine Realty Trust. As such, Denise Morrison, President and CEO of Campbell’s Soup Company, and Jerry Sweeney, President and CEO of Brandywine Realty Trust, will join Subaru’s Thomas Doll, Subaru’s President and COO and Mayor Dana Redd in the ceremonial moving of the dirt. We anticipate that shiny shovels and hardhats will be involved.

Read more »

These Texts from Camden Corrections Officers Are Incredibly Racist

Shutterstock

Shutterstock

The Courier-Post made an open records request recently, asking for the text messages that got nine corrections officers dismissed at the Camden County Jail. After some wrangling in court, the newspaper finally got the messages. Yikes.

As Jim Walsh details in a report today, the texts are incredibly racist. The n-word flows freely. One officer sent a text message saying a black Philadelphia Eagle “should be tied to a bumper and dragged.” One officer, during a conversation about New York City Mayor Bill DeBlasio for some reason, said “Don’t forget his wife is a colored.” Texts called the African-American warden of the jail, David Owens, “HNIC.” That doesn’t stand for Hockey Night in Canada. Read more »

Susquehanna Bank Center to Change Its Name … Again

Photo from Google Street View

Photo from Google Street View

If you’ve ordered tickets for an upcoming show at Susquehanna Bank Center, don’t be thrown for a loop when they arrive with the name BB&T Pavilion printed on them. That’s what the Camden waterfront music venue will be called following an official announcement next week. It will be named after the North Carolina-based BB&T Corporation, who purchased current owner, Susquehanna Bancshares, in August for $2.5 billion.

If you’ve been keeping track, this is the third name change for the venue since it opened in 1995. First it was the Blockbuster Sony Music Entertainment Centre (or E-Centre), then, in 2001, it became the Tweeter Center (several years before we knew what tweeting actually was). It was christened Susquehanna Bank Center in 2007.

The Philadelphia Business Journal, who broke the news, say sign changes are currently in progress and should be finished in a couple months. More info here.

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