It was recently announced that the three South Jersey-based firms behind the multi-million dollar waterfront project, Camden Tower, are building a new residential development, adding to the area of Camden growing rapidly along the Delaware River.
Called 11 Cooper, the luxury rental building will be 156 units, some of the first market-rate apartments in Camden in quite some time. The $48 million project is a partnership between The Michaels Organization, NFI, and Conner, Strong & Buckelew and promises to be environmentally friendly and full of amenities.
“We’re excited that this residential community will offer beautiful, high-quality apartment homes to Camden’s growing workforce and will attract new families and young professionals to the exciting waterfront area,” says John J. O’Donnell, President of The Michaels Organization.
11 Cooper will be a mix of studios, one bedrooms, and two bedrooms; construction is well underway with an expected occupancy of April 2019. Also, 20% of the units will be set aside for applicants earning 80% or less of the median income of Camden.
Featuring an attended lobby with 24/7 concierge, a fitness center, and a rooftop terrace, 11 Cooper will be a high-end development, using the best building materials and practices. A business center, bike storage, and parking on-site for 190 cars will also be available to residents. And 5,000 sq. ft. of retail frontage will be added to Cooper Street.
