Monday, May 12, 2014

Camden Office Project Could Get Major Incentives

by Natalie Kostelni, Staff Writer for the Philadelphia Business Journal

Brandywine Realty Trust has reportedly been named as the developer for the corporate campus that Campbell Soup Co. has long wanted to construct near its headquarters in Camden, N.J.
Campbell Soup has been working on plans since 2007 for what it calls the Gateway Office Park, which would allow the construction of what some estimated as roughly 2 million square feet at the site. Campbell would have Brandywine design, build and lease up space that would eventually be constructed in multiple phases at the site that totals more than 100 acres.
Part of those plans include getting PATCO to build a stop at the office park — an effort that could take five to 10 years.
Brandywine declined to comment.
The Gateway Office Park is one large component to efforts New Jersey and local agencies are undertaking to revitalize Camden and trying to lure companies and more economic activity to the distressed city.

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