The ShopRite will anchor Admiral Wilson Plaza, a retail shopping center on 20 acres that will include restaurants, a bank, and other goods and services.
The announcement was made today by The Goldenberg Group, of Philadelphia; Ravitz Family ShopRite; and city officials. In addition to groceries and fresh produce, the store will offer a pharmacy and a delivery service. The store will also have an on-site registered dietitian, an important addition in a city that was designated a "food desert" by the U.S. Department of Agriculture.
"There has been an absence of healthy and accessible food for residents," Mayor Dana L. Redd said. "This is a very exciting day indeed, another piece in the puzzle in the redevelopment of Camden."
The Goldenberg Group, which said it has developed more than 6 million square feet of retail space with a 98 percent tenant occupancy rate, will build the plaza, which is expected to open in 2015. The project will create 400 construction jobs as well as 320 new full- and part-time jobs, and bring in $1.5 million in new tax revenue.
"This will be a catalyst for more development and a major benefit to the community," said Jeremy Fogel, executive vice president of The Goldenberg Group.
The ShopRite will be owned and operated by the fourth generation of the Ravitz family who, with 40 years in the grocery industry, operate five ShopRites in Camden and Burlington counties.
"Helping the city revitalize itself is definitely an incredible feeling," said Jason Ravitz, vice president of retail operations for Ravitz Family ShopRite. "We've done a lot of work to get to this point, and we're ready to bring it to the finish line."
The development on Admiral Wilson Boulevard joins a series of projects under way in the city designed to bring about smart growth and create jobs for South Jersey residents. The higher education mergers enabling Rowan University's expansion, the opening of the Cooper Medical School and the development of the Cooper Cancer Institute, as well as the pending development of the Riverfront State Prison site
, are each pieces in the larger strategy to resuscitate Camden.