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-   -   CAMDEN, NJ | Camden Waterfront Tower | 285 FT | 18 FLOORS (https://skyscraperpage.com/forum/showthread.php?t=218964)

summersm343 Sep 25, 2015 1:23 AM

CAMDEN, NJ | Camden Waterfront Tower | 285 FT | 18 FLOORS
 
http://www.princetonmagazine.com/wp-...y-Synoesis.jpg

http://www.princetonmagazine.com/wp-...-by-Volley.jpg


Title: Camden Waterfront Tower
Project: office space, retail
Architect: Robert A.M. Stern
Developer: Liberty Property Trust
Location: Cooper St. and Riverside Dr., Camden, NJ
Floors: 18 floors
Height: 285 ft


Quote:

Liberty Property Trust plans to construct a $1 billion “iconic skyline” along the Delaware River in Camden, N.J., that aims to become an integral component to the struggling city’s revitalization.

While the Malvern, Pa., real estate investment trust has owned office and industrial buildings in South Jersey, it has never invested in the city of Camden.

The conversations resulted in Liberty signing an agreement to acquire 16 waterfront acres from Steiner + Associates, which had long owned the land and had plans to develop it but never did.

Liberty then enlisted Robert A. M. Stern Architects to come up with a master plan for a mixed-use community that involves constructing up to 1.7 million square feet of office space in four to five buildings, four parking garages, a hotel with 120 to 140 rooms, and 325 apartments.

Dranoff Properties of Philadelphia has been retained to do the multifamily component. Retail and restaurants will also be part of the development as well as enhancing green spaces along the river. As Liberty (NYSE: LPT) has done at the Navy Yard, it will identify a hotel operator but retain design control over the structure so it fits within the overall scheme.

Construction could begin soon on parts of the plan. Liberty would like to break ground during the third quarter of next year and anticipates build out to take the next four to five years.

Gattuso said he is already in both early and advanced discussions with tenants that would fill the entire 1.7 million square feet of office space that is planned. This comes as companies continue to recognize they need to be located in environments and physical structures that can attract and retain high-caliber talent, especially as Baby Boomers retire and firms need to re-populate their workforce, Gattuso said. This is what Liberty intends to provide in Camden as it has done elsewhere.
http://www.bizjournals.com/philadelp...us-camden.html

http://www.njbiz.com/article/2015092...den-waterfront

http://www.philly.com/philly/busines...t_project.html

McBane Sep 25, 2015 2:26 AM

The tallest building east of Broad is in.......Camden?

I saw lots of guesses as to the height. Where did these figures come from? Some of the guesses were taller - and who doesn't want taller - but these are very respectable heights for Philadelphia. And obviously huge for Camden.

Eigenwelt Sep 25, 2015 2:31 AM

This gives me goosebumps. A couple years ago after a Riversharks game I sketched a quick pie-in-the-sky best case scenario of how I though these parking lots would be best developed. This is almost exactly what I sketched out. Switch the heights on the towers and integrate the bridge-ward tower into its low-rise podium and it would be scarily accurate.

I should go look for that sketch.


Anyway, needless to say I'm super excited for this development. Any riverside development of this magnitude will draw in more river-centric development and a strong riverfront is a key part of Philly's future.

photoLith Sep 25, 2015 3:11 AM

Wow didn't see this happening anytime soon, let's hope this comes to be. The skyscraper on the pier is pretty unique.

chris08876 Sep 25, 2015 3:25 AM

Must be an error. Camden.... Not Newark??? :(

Towers will not revitalize Camden, Naloxone will.

One day Newark, one day... :fingerscrossed:

But in the spirit of being in NJ, its good news regardless. Robert A. M. Stern is great news. Fantastic architect, and his work is iconic.

summersm343 Sep 25, 2015 2:17 PM

Developer Unveils Massive Plan to Reshape the Camden Waterfront

Read more at http://www.phillymag.com/property/20...qCae2f4vu5T.99

Plokoon11 Sep 25, 2015 2:20 PM

It has to be 700 to 780 ft.

summersm343 Sep 25, 2015 2:20 PM

Project aims to transform Camden waterfront - and surprise skeptics

Quote:

City leaders, South Jersey power players, and Gov. Christie on Thursday unveiled plans for a billion-dollar project that, if brought to life, would transform the Camden waterfront with glittering high-rises, offices, and restaurants.

Liberty Property Trust, the developer that spearheaded some of Philadelphia's most high-profile building projects, including the Comcast Center and the Navy Yard, has signed a deal to create a complex of offices, shops, more than 300 homes, and a 120-plus-room hotel on 16 acres just north of the Adventure Aquarium.

Once the agreement is approved by the state Economic Development Authority, which owns the land along with other state entities, the firm could break ground next fall.

The Liberty project is the latest - and largest - in a series of developments announced in Camden since passage of the Grow New Jersey act, which provides generous tax incentives through the state Economic Development Authority (EDA) to businesses that relocate to the state's poorest cities.

The program, through which more than $1 billion in tax credits have been awarded to Camden projects, has led prominent corporations to announce plans to move there, including Holtec, Lockheed Martin, and Subaru of America.

Liberty CEO William Hankowsky cited the Grow New Jersey program as the main reason for coming to Camden, saying companies that move into the new buildings would likely apply for the credits.

Property-tax abatements also are available to such projects under the law. Liberty likely would sell the properties to the companies that move in, he said.

Norcross said he would invest $50 million of his own money, and his Marlton insurance firm, Conner Strong & Buckelew, could move to Camden.

"There's momentum in the city," said Hankowsky, who said Liberty would invest between $700 million and $800 million.

Hankowsky said Liberty would develop a plan with the city to hire locally and focus on job training for city residents. The project will bring thousands of construction jobs and 4,000 permanent jobs to Camden, he said.

Next month, the EDA is to review and act on a request to allow transfer of development rights in the land from Steiner Development, which owns the aquarium and once planned to build next door. Liberty will take it over, then begin due diligence, which Hankowsky said could take six months.

Companies expected to join the project include the Archer & Greiner law firm, which has offices in Haddonfield and Philadelphia; the Cherry Hill supply-chain company NFI Industries; and the Michaels Organization, a Cherry Hill housing company that has done work in Camden.

The companies have long-standing personal and professional ties to Norcross, whose brother, U.S. Rep. Donald Norcross, championed the Grow New Jersey law as a state senator.

"In order to get true believers, I had to demonstrate my commitment," George Norcross said in an interview. "And then I went to friends of mine. I went to them with a pitch, and said we should all consider investing."

Read more at http://www.philly.com/philly/news/ne...7L3B3wqyeOp.99

summersm343 Sep 25, 2015 2:25 PM

Quote:

Originally Posted by Plokoon11 (Post 7176961)
It has to be 700 to 780 ft.

It's not. They're 38 and 25 floors high.

Plokoon11 Sep 25, 2015 4:47 PM

I guess the perspective is skewing me. Also no other tall buildings to reference.

SJPhillyBoy Sep 25, 2015 7:40 PM

There are currently fantastic views of the Philadelphia skyline from the Camden Rivershark's Stadium (Campbell's Field). That will not completely be the case anymore with the new tall building being built there. This news is really great and the build out to only take the next four to five years, amazing! I am still digesting if this is a good plan for public access to the river front, but initially it looks to be.


Original Plan
http://cdn.phillymag.com/wp-content/...ts-937x703.jpg

Photo courtesy Robert A. M. Stern and Philly Mag.

http://cdn.phillymag.com/wp-content/...ts-937x541.jpg

Photo courtesy Robert A. M. Stern and Philly Mag.

http://cdn.phillymag.com/wp-content/...ts-937x625.jpg


The Latest Plan and Renderings:

https://cdn0.vox-cdn.com/thumbor/11Z...Architects.jpg

http://www.gannett-cdn.com/-mm-/f92c...waterfront.JPG

A proposed development on Camden's Waterfront is expected to hold two office towers. (Photo: Volley for Robert A.M. Stern Architects)

http://www.gannett-cdn.com/-mm-/c201...terfront-2.JPG

Photo: Robert A.M. Stern Architects and Courier-Post

http://www.princetonmagazine.com/wp-...y-Synoesis.jpg

Eight-story, 180-room Hilton Garden Inn, which is expected to rise on a half-acre parking lot near Campbell's Field.

The 116,100-square-foot project would be part of a $1 billion mixed-use complex overseen by Liberty Property Trust of Malvern, Pennsylvania. That project also calls for 1.5 million square feet of office space, retail outlets and 211 homes.

http://www.gannett-cdn.com/-mm-/4c2a...SizeRender.jpg

American Water Headquarters will front the River:

http://www.gannett-cdn.com/-mm-/d9a9...tern-final.jpg


At Camden's Subaru site, plans for a city within a city

http://www.philly.com/philly/news/ne...in_a_city.html

http://media.philly.com/images/01081...DEN08_1200.jpg

SJPhillyBoy Sep 25, 2015 7:46 PM

http://cdn.phillymag.com/wp-content/...ts-937x535.jpg

Photo courtesy Robert A. M. Stern and Philly Mag.

volguus zildrohar Sep 25, 2015 7:52 PM

Tremendous news.

jrdizzy Sep 25, 2015 8:26 PM

I kind of wish they would focus on relocating bushiness to the gateway district in the City's core, and add the hotel and housing on the waterfront. Based on the parking garages in the renderings, it doesn't look like they count on many employees using Patco or the Riverline. I know how packed those streets are during concerts or Rivershark games. The gateway district at least has highway access, and could have Patco access if they add a station.

For what its worth I'm related to an NFI executive. He sounded pretty optimistic. I'll try to get him to handycap if and when they will commit to moving to this new location.

hey_suburbia Sep 28, 2015 4:45 PM

Camden NJ | Waterfront | X FT | 40+ FLOORS
 
Liberty Property Trust will lead development of “The Camden Waterfront,” a new approximately $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.

http://i.imgur.com/yjgUSxY.jpg

http://i.imgur.com/ypbtCeF.jpg

http://i.imgur.com/1ELDKz5.jpg

http://i.imgur.com/RAfxhAz.jpg

summersm343 Sep 28, 2015 4:53 PM

hey_suburbia, there was already a thread created on this. I merged your thread with the one already created and reduced the images to links since they were over-sized.

SJPhillyBoy Oct 3, 2015 12:05 PM

Do you think it would be OK to put the two proposed LPT Camden towers in the Philadelphia Diagrams section, assuming someone is willing and capable to make a diagram of them?

ethereal_reality Oct 3, 2015 2:56 PM

Quote:

Originally Posted by SJPhillyBoy (Post 7177474)
Photo courtesy Robert A. M. Stern and Philly Mag.

http://cdn.phillymag.com/wp-content/...ts-937x625.jpg


Just for fun here's how the site looked years ago.

http://imagizer.imageshack.us/v2/128...909/h2C5wA.jpg
http://www.ebay.com/itm/DELAWARE-RIV...item43e3340bfa
__





http://imagizer.imageshack.us/v2/128...909/fEcaNy.jpg
http://www.ebay.com/itm/River-Front-...item33aa0028d8

jamesinclair Oct 5, 2015 1:35 AM

Hope to see progress on this - and less parking

hammersklavier Oct 5, 2015 9:00 PM

Quote:

Originally Posted by jamesinclair (Post 7186519)
Hope to see progress on this - and less parking

There is a lot of parking in that site plan -- all of it structured.

Unfortunately, excessive amounts of parking will almost certainly be a prerequisite for construction in Camden for some time yet. Heck, many of those Jersey City condo/apartment towers have truly absurd amounts of parking. The best we can hope for are solutions like this site's, where the parking is surrounded by low-rises, rather than the Subaru building's, which is just a straight-up suburban-style office park on the Campbell's site.

Philly-Drew Oct 20, 2015 10:40 AM

What do you guys think are odds that this could happen similar to the renderings? We've seen other large scale projects proposed for the waterfront in Camden. What makes this one different from others that never came into fruition?

Elevator1 Oct 20, 2015 12:11 PM

The State of NJ essentially guaranteeing that LPT will recover their investment in 10 years. They would be fools not to build it.

Philly-Drew Oct 24, 2015 1:51 PM

Quote:

Subject to completion of a due diligence process expected to last approximately six months, Liberty would complete the purchase of the entity and could break ground as early as the third quarter of 2016.
Read more here:

http://dealsdefiningtheskyline.com/l...redevelopment/

Wow! Break ground in Q3 2016? That would be amazing!

SJPhillyBoy Nov 8, 2015 11:52 PM

http://www.nytimes.com/2015/09/30/re...nced.html?_r=0

TechTalkGuy Nov 9, 2015 2:17 AM

Oh wow, the birth of Jersey City for Philadelphia!!

This is HUGE. :ohyeah
Make no mistake, in about 35 years from now, Philadelphia will have that NY vibe with skyscrapers on BOTH sides of both rivers.

Next announcement will have skyscrapers at Penn's Landing. :wizard:

Congrats Philadelphia!
You have arrived. :cheers:

Parkway Dec 11, 2015 2:57 AM

They have been doing test bores at this site for the last week or so. I just haven't had a chance to grab pictures.

summersm343 Dec 11, 2015 3:35 AM

Quote:

Originally Posted by Parkway (Post 7266084)
They have been doing test bores at this site for the last week or so. I just haven't had a chance to grab pictures.

Nice! Would love some pictures. :cheers:

wanderer34 Dec 15, 2015 2:08 AM

Camden needs this project to break ground ASAP!!! I can see similar projects from Cooper Point to maybe nearby the Susquehanna Bank Center. The city of Camden needs to utilize it's land for industrial use, as well, preferably south of Kaighn Ave and also utilize whatever vacant land closest to the waterfront as possible, while turning the actual waterfront into Camden's high-rise residential district from Cooper's Point to Kaighn's Point with anemities like restaurants, bars, gyms, and even a supermarket to support the community!!!

A light rail/trolley system similar to the subway-surface along Front St and MLK Blvd via an underground tunnel to a new transportation facility hub consisting of bus, heavy rail PATCO (which should be expanded to Woodbury, Maple Shade, Cherry Hill, and Deptford), and even commuter rail to outlying South Jersey communities in the Jersey Shore, Cape May, and Cumberland County. The light rail would also be extended into the Gateway area!!!


I hope to see all this for Camden!!!

summersm343 Dec 15, 2015 6:50 PM

Liberty Property sees lots of interest in Navy Yard, Camden projects
Quote:

This year it exited the Horsham, Pa., office submarket in a $245.3 million portfolio sale of 41 buildings and has departed from South Jersey – though it maintains a growing industrial presence in that market.

The funds it has reaped from the property sales will go toward its development pipeline and acquisitions. It anticipates beginning $500 million to $700 million in new developments next year. In the statement it issued, the company said it is seeing “remarkable interest by high-quality companies” looking at the Philadelphia Navy Yard and its planned waterfront project in Camden, N.J.

“It is safe to say that there is likely to be new development in Philadelphia next year, but we are not announcing any new development now,” Leonard said.

The company currently has 1.7 million square feet in its development pipeline – the largest in its 44-year history – that is 55 percent pre-leased.
http://www.bizjournals.com/philadelp...ndustrial.html

TechTalkGuy Dec 15, 2015 8:05 PM

:goodpost: Yes, the navy yard would be ideal for development of supertall skyscrapers!
If you overlay two maps (Manhattan and Philadelphia) together, you will see that the navy yard represents downtown Manhattan, while Center City represents Midtown.

Yes, it is possible to have soaring skyscrapers stretching from the navy yard to Center City.
If it did happen, you would see Philadelphia actually become Manhattan.

So yes, this is a possibility. :star: :star: :star: :star: :star:

Knight Hospitaller Dec 15, 2015 8:18 PM

Quote:

Originally Posted by TechTalkGuy (Post 7271308)
:goodpost: Yes, the navy yard would be ideal for development of supertall skyscrapers!
If you overlay two maps (Manhattan and Philadelphia) together, you will see that the navy yard represents downtown Manhattan, while Center City represents Midtown.

Yes, it is possible to have soaring skyscrapers stretching from the navy yard to Center City.
If it did happen, you would see Philadelphia actually become Manhattan.

So yes, this is a possibility. :star: :star: :star: :star: :star:

It's been mentioned that the flight path to the airport sadly precludes too much height at the Navy Yard.

jjv007 Dec 16, 2015 2:19 AM

Quote:

Originally Posted by TechTalkGuy (Post 7271308)
:goodpost: Yes, the navy yard would be ideal for development of supertall skyscrapers!
If you overlay two maps (Manhattan and Philadelphia) together, you will see that the navy yard represents downtown Manhattan, while Center City represents Midtown.

Yes, it is possible to have soaring skyscrapers stretching from the navy yard to Center City.
If it did happen, you would see Philadelphia actually become Manhattan.

So yes, this is a possibility. :star: :star: :star: :star: :star:

Unfortunately, I don't believe this is possible due to the Navy Yard's proximity to the airport.

Philly-Drew Dec 16, 2015 3:15 AM

Quote:

Originally Posted by TechTalkGuy (Post 7271308)
:goodpost: Yes, the navy yard would be ideal for development of supertall skyscrapers!
If you overlay two maps (Manhattan and Philadelphia) together, you will see that the navy yard represents downtown Manhattan, while Center City represents Midtown.

Yes, it is possible to have soaring skyscrapers stretching from the navy yard to Center City.
If it did happen, you would see Philadelphia actually become Manhattan.

So yes, this is a possibility. :star: :star: :star: :star: :star:

Love it dude. TURN IT UP!!

TechTalkGuy Dec 16, 2015 4:53 AM

Quote:

Originally Posted by jjv007 (Post 7271806)
Unfortunately, I don't believe this is possible due to the Navy Yard's proximity to the airport.

I didn't realize that section of South Philly was that close to the airport.
Well, you could relocate the sports stadiums to Penn's Landing and have soaring supertall skyscrapers around Pattison Ave, no? :shrug:

By the time South Philly is all built up, Camden's waterfront will be lined with towers galore! :tup:

Mikieman Dec 16, 2015 10:03 PM

590' and 450'...yes please....

https://farm6.staticflickr.com/5662/...74bf4afd_h.jpg20151216_161507 by , on Flickr

summersm343 Dec 16, 2015 10:06 PM

Thank you Mikieman! This is very promising :cheers:

Knight Hospitaller Dec 16, 2015 10:32 PM

Quote:

Originally Posted by Mikieman (Post 7272781)
590' and 450'...yes please....

It would be OK if they stacked one on top of the other as well. ;)

SJPhillyBoy Dec 17, 2015 12:18 AM

Quote:

Originally Posted by Mikieman (Post 7272781)
590' and 450'...yes please....

Wow, here they come.
The test boring going on in Mikieman's photo is where the 590 footer is going.

Born Pure Philly Dec 17, 2015 4:20 AM

Quote:

Originally Posted by SJPhillyBoy (Post 7272960)
Wow, here they come.
The test boring going on in Mikieman's photo is where the 590 footer is going.

And test bores were being completed over the past few weeks in the surrounding lots as well.

Parkway Dec 17, 2015 2:33 PM

They were doing test bores this morning on the southern most parking lot next to the old Susquehanna Bank building.

boxbot Dec 17, 2015 8:22 PM

Quote:

Originally Posted by Mikieman (Post 7272781)
590' and 450'...yes please....

https://farm6.staticflickr.com/5662/...74bf4afd_h.jpg20151216_161507 by , on Flickr

But where will everyone park?

Arch+Eng Dec 17, 2015 8:59 PM

Quote:

Originally Posted by Mikieman (Post 7272781)
590' and 450'...yes please....

https://farm6.staticflickr.com/5662/...74bf4afd_h.jpg20151216_161507 by , on Flickr

..Lets try to keep these threads relevant to Philadelphia and it's surrounding area. No need to be posting pictures of Dallas on here.

Philly Fan Dec 17, 2015 11:05 PM

Quote:

Originally Posted by Arch+Eng (Post 7273839)
..Lets try to keep these threads relevant to Philadelphia and it's surrounding area. No need to be posting pictures of Dallas on here.

Yeah, those oil-drilling rigs kinda give away that photo's actual location as Big D (as opposed to Little D, our very own sprawling megalopolis on the Delaware). Not to mention the incredible urban density and charm reflected in that photo.

Cro Burnham Dec 17, 2015 11:16 PM

Quote:

Originally Posted by Philly Fan (Post 7274020)
Yeah, those oil-drilling rigs kinda give away that photo's actual location as Big D (as opposed to Little D, our very own sprawling megalopolis on the Delaware). Not to mention the incredible urban density and charm reflected in that photo.

Unfortunately, there appears to be no Wendy's in the vicinity.

cafeguy Dec 18, 2015 6:01 PM

Quote:

Originally Posted by Philly Fan (Post 7274020)
Yeah, those oil-drilling rigs kinda give away that photo's actual location as Big D (as opposed to Little D, our very own sprawling megalopolis on the Delaware). Not to mention the incredible urban density and charm reflected in that photo.

This sounds crazy...but how cool would it be if they used the new buildings to help anchor the original idea of making a tram connection to penn's landing. The BF bridge is a nice path to walk, but it lacks direct access to the water fronts. When getting on, you have to go BLOCKS to access it.

Knight Hospitaller Dec 18, 2015 6:04 PM

Quote:

Originally Posted by cafeguy (Post 7274779)
This sounds crazy...but how cool would it be if they used the new buildings to help anchor the original idea of making a tram connection to penn's landing. The BF bridge is a nice path to walk, but it lacks direct access to the water fronts. When getting on, you have to go BLOCKS to access it.

Penn's Landing is more vibrant these days, but even if Camden provides density on one end, it's still lacking at that point on the Philly side.

Kidphilly Dec 18, 2015 6:55 PM

Quote:

Originally Posted by cafeguy (Post 7274779)
This sounds crazy...but how cool would it be if they used the new buildings to help anchor the original idea of making a tram connection to penn's landing. The BF bridge is a nice path to walk, but it lacks direct access to the water fronts. When getting on, you have to go BLOCKS to access it.

any tram would have to also link link with the MFL - maybe Penn landing and second and market stop.

I think the riverline runs close so maybe no need for a second stop in NJ with Patco

Nightsky Dec 18, 2015 6:56 PM

I remember I passed Camden with the Greyhound bus to Philadelphia in 1998. It really felt like a sleepy town, so these new towers will probably do good for the city.

iheartphilly Dec 18, 2015 8:55 PM

Quote:

Originally Posted by Nightsky (Post 7274867)
I remember I passed Camden with the Greyhound bus to Philadelphia in 1998. It really felt like a sleepy town, so these new towers will probably do good for the city.

You need to come back soon...a lot will change and have change, especially in downtown Philly.

summersm343 Dec 22, 2015 5:16 PM

Apartment market looks strong

Quote:

In Philadelphia, construction, renovation, and acquisition of multifamily rental units continues.

Eli Rosen, senior vice president of Gebroe-Hammer Associates, recently was involved in arranging more than $60 million in sales encompassing more than 350 units throughout the city's central and western neighborhoods.

These included Garden Court Plaza, a 146-unit, 13-story 1920s-era building at 47th and Pine Streets, and Roosevelt Apartments at 2216-2222 Walnut St.

In 2015 thus far, Rosen and managing director Joseph Brecher brokered sales totaling $128 million and 1,250 units.

"Investor appetite has been insatiable, and the tenant base of young professionals continues to absorb new product metro-wide at a historic pace," Rosen said.

Investor activity "ignites in a dependable Philadelphia market" is how real estate investment services firm Marcus & Millichap put it.

What makes this market so dependable?

"Healthy economic indicators are driving growth in the Philadelphia economy," said Marcus & Millichap's fourth-quarter outlook.

The local unemployment rate has reached its lowest level since the recession, the firm's report said, pushed down by corporate expansion. The Philadelphia workforce will grow 1.2 percent in 2015, or by 35,000 new positions, it added.

Last year, this region added 45,400 jobs to the market, led by gains in the education and health-services sector, Marcus & Millichap noted, and the growth encouraged developers to accelerate the pace of construction, with builders concentrating on the high-rent Center City market.

On the drawing board at the Camden waterfront is developer Liberty Property Trust's multiuse project, which will include office, retail, and hospitality space as well as more than 200 residential units. Construction is scheduled to begin in the fall of 2016, with completion tentatively scheduled for 2019.
Read more at http://www.philly.com/philly/busines...4WZ6v4WeeVb.99


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