In early February, Cooper’s Ferry Partnership, a nonprofit that works to implement redevelopment projects in urban areas, held a gathering at the Adventure Aquarium in Camden, NJ.
During the gathering, business and civic leaders spoke about the revitalization of the city of Camden, naming the strong presence of higher educational institutions and the influx of new businesses into the city as large contributing factors to its transformation.
“Institutions of higher education are large business enterprises and they really are massive economic engines,” said Ali Houshmand, President of Rowan University in a NJBIZ article. “To the extent that they can put all their resources in partnership with industry together, wonderful things can happen and you will build a great city.”
There have been numerous other major developments in Camden, including Subaru relocating its North American headquarters to Camden in late 2016, Liberty Property Trust’s $1 billion mixed-use Camden Waterfront project, and Holtec International’s new 50-acre campus.
These developments have all contributed to the revitalization of the south New Jersey city.