Over $2 billion awarded in Camden to date.
A wide range of companies, from long-standing institutions to growing firms, call Camden home. Incentives provided by several different programs including the Grow New Jersey Assistance Program and Garden State Growth Zones have propelled the local economy, with over $2 billion being awarded to date. Looking to join Camden's resurgence, the world-renowned car manufactuer, Subaru, chose to build its new North American headquarters at Knights Crossing—combining four separate facilities and bringing together 600 regional employees.
- Subaru Headquarters: $117M
- Hilton Waterfront Hotel: $18M
- ACTEGA North America: $40M
- American Water: $164M
- Contemporary Graphics: $34M
- Kipp Cooper Norcross Academy: $60M
- 76ers Practice Facility: $82M
- DioGenix: $7.5M
- Salvation Army Camden Kroc Center: $90M
- PCM: $3.9M
- Cooper University Healthcare: $40M
- The Michaels Organization: $79M
- WebiMax: $12M
- Mastery Renaissance School: $40M
- Lockheed Martin: $107M
- Chef'd: $19M
- Holtec International: $260M
- Cooper Village Apartments: $17M
- Joint Health Sciences Center: $50M
- EMR Facility: $253M
- Dubell Lumber: $18M
- Conner, Strong & Buckelew: $86M
- Volunteers of America: $6.3M
- Rutgers Nursing School: $62.5M
- ResinTech: $138M
- IPAK: $17.1M
- NFI: $79M
2013 Economic Opportunity Act
The Economic Opportunity Act of 2013 provides tax incentives for companies relocating to Camden. The amount of the incentives are based on the greater of the credit per new job of a credit against the capital investment made by an owner. The result is the occupants may be able to obtain tax credits:
- Greater than their least cost or
- Equal to or greater than the cost of a newly constructed building over ten years.
The total amount of the tax incentive paid annually every 10 years and may fluctuate.
*A NJEDA representative is available to consult with prospects on determining the value of their incentive award.
Real Estate Improvement Tax Abatement*
* A NJEDA representative is available to consult with prospects on determining the tax abatement program.
The location of Knights Crossing provides its users with exceptional transportation options—rail, bus, bike or car—and ease of access to and from Philadelphia and other metropolitan areas in New Jersey. All development sites are less than 2,000 feet from major highways and plans are in progress for an on-site PATCO Station, which will directly link to the Glassboro-Camden light rail line and a transit center with PATCO, River Link and NJ Transit connections. Both bike lanes and trails are included in the site design, seamlessly connecting to larger circuits and recreational trails throughout the area.
|I-295 / NJ Turnpike||13 mins.|
|Center City, Phila||13 mins|
|30th St. Station||14 mins.|
|PHL Int'l Airport||17 mins.|
|New York City||1 hr. 50 mins.|
|Washington, D.C.||2 hr. 30 mins.|