New York City Scoop: Construction Starts in Camden, N.J.
Overall Construction Activity Expected to Drop Sharply This Year After 2017’s Dramatic Rise
Non-residential activity is forecast to drop more than 28%, while residential and non-building work will fall about 10%.
City Grill
Gary Hullfish
New Jersey Office Leader and Vice President
HNTB Corp.
“Camden today benefits from the convergence of several positive developments, resulting in the creation of a vibrant, new expression of revitalization—by design—and attracting an influx of 21st-century commercial commitment,” Hullfish says. “Modern corporate campuses will house thousands of employees in a range of industries. Emanating from a revitalized waterfront, this growth supports additional economic development. The city’s transportation infrastructure must keep pace to enable this momentum to continue.”
Firm in Focus
The Michaels Organization
3 East Stow Road, Marlton, N.J.
CEO: Michael J. Levitt
Founded: 1973
What’s New: The firm is developing Camden Partners Office Towers, No. 15 on the region’s Top Starts list (see story here). The $245-million project will stand 18 stories, the tallest on the Camden waterfront.
