Earlier this month, Liberty Property Trust broke ground on its $1 billion mixed-use development Camden Waterfront project.
“Today marks the beginning of what will become an energetic, high-performance community, anchored by world-class office buildings and a spacious waterfront park easily accessed by walking, biking, driving and public transportation; one which will build upon and greatly contribute to the revitalization efforts already underway in Camden,” said John Gattuso, Liberty’s Regional Director and Senior Vice President in a New Jersey Business article. “As we shift into the development of the Camden Waterfront, our focus shifts, too, from that of a vision to that of a reality, and that is a very exciting thing.”
This development will include a parking garage, resident buildings, a Hilton Garden Inn, and a 222,376-square-foot office building that will eventually be home to American Water’s headquarters.
This is one of many mixed-use spaces that are being developed across the 11-counties, including a $40 million redevelopment project in Wilmington, DE and Liberty Property Trust’s project in Great Valley, PA.