The project would see an 18-story, 375,000-square-foot tower rise along the Camden Waterfront, featuring office space for the three companies as well as shared amenities including an outdoor piazza overlooking the Delaware River and Philadelphia skyline.
“When the Camden Waterfront was announced almost a year and a half ago, we lauded the vision and commitment to Camden,” George E. Norcross III, Conner Strong & Buckelew’s executive chairman, said in a prepared statement. “If our applications are approved by the EDA, we will each be investing tens of millions of dollars and aligning the futures of our companies with the future of Camden.”
According to a breakdown in the news release:
Conner Strong & Buckelew is investing $86 million in the project, and would occupy 110,000 square feet at the tower, bringing a minimum 253 jobs to the city;
NFI is investing $79 million in the project, and would occupy 102,000 square feet, bringing 341 or more jobs to the city; and
The Michaels Organization is investing $79 million in the project, and would occupy 102,000 square feet, adding a minimum 275 jobs to the total.