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The Camden Waterfront A Liberty Property Trust Development
The Future on the HorizonCamden is a dynamic city, evolving from a proud history of innovation. The birthplace of renowned poet Walt Whitman boasts an influential legacy, including the first recording studios in the United States, one of the first railroad lines in the country, the world’s first commercial nuclear-powered ship, and the largest and most productive shipyard in the world at its peak.
Today, more than 2,000 employees work, 7,000 students study, and millions of tourists visit the core of the invigorated city where more than $2 billion of investment is underway. The future of Camden continues to hold great promise as one of the nation’s leading developers, Liberty Property Trust, builds a 20-acre, mixed-use development called The Camden Waterfront in an unprecedented location.
In the last few years, several world-class corporations have chosen to grow in the City of Camden:
n The Philadelphia 76ers opened a new headquarters and practice facility
n Holtec International’s headquarters and manufacturing complex is underway
n Subaru of America is constructing a new corporate headquarters adjacent to the global headquarters of the Campbell’s Soup Company
n Both the Rutgers University - Camden School of Nursing and Science and the Rowan University & Cooper Health Sciences Campus are expanding
n American Water will move to its new corporate headquarters in The Camden Waterfront by Fall 2018
The Camden Waterfront presents a limited opportunity to become part of a community while changing a skyline.
MARKET STREET
FEDERAL STREET
VINE ST
BENJAMIN FRANKLIN BRIDGE
N. F
RON
T ST
REET
PENN’S LANDING
OLD CITY
CAMDEN
PHILADELPHIA
RIVE
RSID
E D
R
TO 295 &76 W/E
TO 130, 38,70 & 295
DOWNTOWN
COOPER STREET
TO 76 W/E
DR. MARTIN LUTHER KING BOULEVARD
N
S
W E
camden waterfront
CAMDEN RIVERLINENJ PATCORIVERLINK FERRYBUS ROUTESSHUTTLE BUS ROUTE
MARKET STREET
FEDERAL STREET
VINE ST
BENJAMIN FRANKLIN BRIDGE
N. F
RON
T ST
REET
PENN’S LANDING
OLD CITY
CAMDEN
PHILADELPHIA
RIVE
RSID
E D
R
TO 295 &76 W/E
TO 130, 38,70 & 295
DOWNTOWN
COOPER STREET
TO 76 W/E
DR. MARTIN LUTHER KING BOULEVARD
Strategically Located n Easily accessible to interstates I-95, I-676, I-76, and I-295
n Convenient access to other major roadways, including SR-130, SR-38, and SR-70, as well as Philadelphia International Airport and 30th Street Station (Amtrak)
n Public transportation via PATCO Speedline, NJ Transit River LINE, and RiverLink Ferry, as well as Walter Rand Transportation Center and City Hall Station
n Dedicated pedestrian and bicycle paths and the Benjamin Franklin Bridge, supporting thousands who drive, walk, and bike between the City of Camden, Greater Camden County, and Center City Philadelphia
V ib rant M ixed - Use Wate r f ront Commun i t yThe Camden Waterfront will be a walkable, mixed-use urban neighborhood. Master-planned by Robert A. M. Stern Architects and master-developed by Liberty Property Trust, The Camden Waterfront will transform one of the most strategically located and underutilized sites in the region into a vibrant live-work-play community featuring:
n State-of-the-art corporate office spacen Contemporary, high-quality residential
communities n A modern hoteln Neighborhood retail and restaurantsn Extensive network of parks, recreational
spaces and waterfront trails
C J
N
B
G
E
F DELAWARE RIVER
DELAWARE AVE.
PEARL ST.
ARCH ST.
BEN FRANKLIN BRIDGE
LINDEN ST.
PROPOSED WATER ST.
MARKET ST.
PENN ST.
WATERFRONT P ARK
ONE
CO
OPE
R ST
REET
ONE WATER STREET77 WATER STREET
RESIDENTIAL
ONE VICTORPLACE
ONE RIVERSIDE
DRIVE
11 COOPER STREET
PROPOSED VICTOR PL.
RIVERSIDE DR .
PARKING
PARKING
PARKINGPARKING
COO
PER ST.
TWO
PEN
N ST
REET
FERRYTERMINAL
ADVENTURE AQUARIUM
BUILDING
R4
ONEPENN
STREET
N
0 10050
OFFICE
RESIDENTIAL
HOTEL
C J
N
B
G
E
F DELAWARE RIVER
DELAWARE AVE.
PEARL ST.
ARCH ST.
BEN FRANKLIN BRIDGE
LINDEN ST.
PROPOSED WATER ST.
MARKET ST.
PENN ST.
WATERFRONT P ARK
ONE
CO
OPE
R ST
REET
ONE WATER STREET77 WATER STREET
RESIDENTIAL
ONE VICTORPLACE
ONE RIVERSIDE
DRIVE
11 COOPER STREET
PROPOSED VICTOR PL.
RIVERSIDE DR .
PARKING
PARKING
PARKINGPARKING
COO
PER ST.
TWO
PEN
N ST
REET
FERRYTERMINAL
ADVENTURE AQUARIUM
BUILDING
R4
ONEPENN
STREET
N
0 10050
The Camden Wate r f ront Ne ighbo rhood Mas te r S i te P l an
77 Water Street 50,000 RSF office build-to-suit option
Two Penn Street 50,000–90,000 RSF office build-to-suit option
One Victor Place 90,000 RSF office build-to-suit option
One Penn Street 250,000–750,000 RSF office build-to-suit option
One Water Street American Water headquarters
One Riverside Drive Camden Partners building
11 Cooper Street 156 residential apartments
R4 Waterfront townhomes
One Cooper Street Hilton Garden Inn hotel
Build-to-suit options can be tailored to meet each company’s needs.
Potent i a l Bu i l t- to -Su i t ConceptDesigned by DIGSAU Architects
Potent i a l Bu i l t- to -Su i t ConceptDesigned by Kelly/Maiello Architects
Potent i a l Bu i l t- to -Su i t ConceptDesigned by Robert A.M. Stern Architects
Potent i a l Bu i l t- to -Su i t ConceptDesigned by Foster + Partners
The Camden Waterfront ParkAn expanded and improved Waterfront Park will be designed by Michael Van Valkenburgh Associates
Res ident i a ln 156-unit modern apartment community
n Designed by JKRP Architects
n Featuring Wi-Fi Alliance-Certified Smart Homes and ground-level retail
n Planned to meet requirements of LEED® Silver Certification
H ote ln 180-room Hilton Garden Inn
n Designed by Cope Linder Architects
n Featuring a full-service restaurant and conference space
n Planned to meet requirements of LEED® Silver Certification
American WaterThe American Water development is the first project in The Camden Waterfront. The 220,000 square foot headquarters building will host nearly 700 employees and opens in late 2018.
L ibe r t y P roper t y Trus t
C O R E S T R E N G T H Sn Site Selectionn Visioning & Project
Conceptualizationn Planning & Urban Designn Project Budgetingn Budgeting Managementn Schedule Managementn Stakeholder Communicationn Building Trust
For more than four decades, Liberty has been
evolving city skylines as a preeminent commercial
developer. From the development of its first
project in 1972 to today, Liberty continues to build
a portfolio of groundbreaking projects such as
Comcast Center, Liberty Place, Cambridge Biomedical
Campus, The Navy Yard, The Camden Waterfront,
Great Valley Corporate Center and the Comcast
Technology Center. Understanding buildings from the
ground-up gives Liberty teams the insight to provide
solutions today, tomorrow and over the long term.
Liberty will develop each office building on
The Camden Waterfront to feature:
n Abundant daylightn Sustainable, high-performance elementsn Flexible workspace areasn Dramatic views of the river, Philadelphia skyline,
and Benjamin Franklin Bridgen Fun outdoor space
Liberty is passionate about working with each client
to develop successful office buildings that attract and
retain the workforce of the future.
P A R T I A L C L I E N T L I S T
Pa r tne r sh ip
We have relied on our partnership with Liberty
time and time again for a wide range of solutions
involving myriad operations, different types of
facilities, and diverse locations. No matter what
the project, Liberty has brought creative thinking
and exceptional execution to the process.
Deirdre Connelly President, North America Pharmaceuticals, GSK GlaxoSmithKline
“ “American WaterComcast VanguardGlaxoSmithKlineUlineAetnaDialCentocorSunGardPNC BankCapital OneSiemens
CEVAProgressiveExpress ScriptsReed TechnologyUnited Health GroupLiz ClaiborneLTD CommoditiesAmazonPHHSuperValuURS
Verizon WirelessSanofiDeVry UniversityYellowbookGMACFederal ExpressCIGNAGeneral ElectricHewlett-PackardUPSDrexel University
Grow New Jersey Business Tax Incentive Program Grow NJ is a powerful job creation and retention program helping qualified companies succeed in New Jersey. Within the Grow NJ program, Camden is designated as a Garden State Growth Zone (GSGZ). As such, substantial tax benefits are available to qualified investors in Camden:
n All industries eligible, with bonuses available for target industries
n Camden projects may qualify for the highest levels of economic tax incentives
n Corporate business and insurance premium tax credits available up to 10 years
n Base tax credit award is $5,000 per full-time job per year for up to 10 years in Camden
n Gross tax credit award including bonuses is $15,000 per full-time job per year for up to 10 years in Camden
n Capital investment definition in Camden can include all development, redevelopment and relocation costs
n Approved incentive amounts based on net benefits test for New Jersey
n Unused tax credits transferable and saleable at a discount
For more information on the NJ Grow Program in Camden, please visit the New Jersey Economic Development Authority (NJEDA) website: http://www.njeda.com/pdfs/GSGZ_Camden.aspx
*Businesses should consult with the NJEDA to determine their maximum tax credit eligibility.
Example: For a business looking to relocate 1,500 employees into 300,000 SF of office space
$11,750 x 1,500 jobs x 10 years
GSGZ incentives
$5,000 base amount + $6,750 in bonuses*$11,750 per job per year
tax incentive credit$176,250,000=
Grow New Jersey Business Tax Incentive Program Grow NJ is a powerful job creation and retention program helping qualified companies succeed in New Jersey. Within the Grow NJ program, Camden is designated as a Garden State Growth Zone (GSGZ). As such, substantial tax benefits are available to qualified investors in Camden:
n All industries eligible, with bonuses available for target industries
n Camden projects may qualify for the highest levels of economic tax incentives
n Corporate business and insurance premium tax credits available up to 10 years
n Base tax credit award is $5,000 per full-time job per year for up to 10 years in Camden
n Gross tax credit award including bonuses is $15,000 per full-time job per year for up to 10 years in Camden
n Capital investment definition in Camden can include all development, redevelopment and relocation costs
n Approved incentive amounts based on net benefits test for New Jersey
n Unused tax credits transferable and saleable at a discount
Camden photography provided by Cooper’s Ferry Partnership | Masterplan Site Plan by Robert A. M. Stern Architects
Anne M. Cummins215.255.7607
Janice Wong215.255.7645
For development information, please contact: