A North Jersey developer is building the first of two planned warehouses on a stretch of the Admiral Wilson Boulevard that has long been vacant.
Construction continues on the first of two warehouses on Admiral Wilson Boulevard between 17th and 19th Streets in Camden. A supermarket had once been envisioned for the long-vacant site on the westbound boulevard.Noting that a second warehouse is planned, the mayor added: “To have something of that magnitude being built there and tens of thousands of vehicles daily is nothing but a good thing. We’re turning a blighted area into a brighter area.
The property is being marketed as Matrix Business Center-Admiral Wilson Boulevard. “It’s a spec building and we’ve set it up to be as adaptable as it can. It could accommodate two tenants,” he said. But he did say Matrix will pay full property taxes on the warehouses — a rarity in a city where Payments in Lieu of Taxes , tax abatements, and public subsidies, are standard for most commercial developments.
“For the longest time the only thing happening there was people going in and riding ATVs,” he said. “There are people who say it’s just going to sit empty. But with the access to I-676 andConstruction of what is now the Benjamin Franklin Bridge in the early 1920s helped inspire business, political, and civic leaders to form a “Greater Camden Movement” to beautify the city. Plans to extend the city park system into the suburbs eventually succeeded.
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