A large property near one of Burlington County’s largest malls will soon be home to a modern residential complex that has been years in the making.
Representatives from Bel Canto Asset Growth Fund recently held a groundbreaking ceremony for the Pearl Apartment Homes, a new community that will bring 375 residences to Moorestown. Situated adjacent to the shopping and dining at Moorestown Mall and just minutes from the township’s downtown area, the complex will offer one-, two-, and three-bedroom residences sporting chef-inspired kitchens, sleek stainless-steel appliances, and versatile layouts.
Bel Canto noted that almost 32% of Moorestown residents are approaching retirement age, with their hope for the new complex allowing longtime neighbors to stay in the community they’ve helped build.
“I’ve shopped and visited Moorestown for 15 years,” said Jennifer A. Nevitt, CEO of Bel Canto. “I’ve heard the frustration of people who feel they have to leave Moorestown when they’re ready to down-size. At Pearl, they won’t need to choose between the lifestyle and community they love here.”
The first phase of construction will include a dedicated parking garage for residents. Amenities at the future complex will include a resort-style swimming pool with sundeck and spa, a state-of-the-art fitness center, and a yoga studio.
The building will also make an effort to create social and leisure spaces throughout, with features such as a parlor with gaming tables and a modern podcast studio designed for creativity and connection.
“Bel Canto’s unwavering resilience and commitment to serving the unique housing needs in and around Moorestown will result in creating a truly one-of-a-kind apartment community,” said Thomas A. Leonard III, Chairman of Bel Canto. “Pearl Apartment Homes is more than an apartment community – it represents an extraordinary investment in the future of the South Jersey economic landscape.”
An estimated timeline for the completion of the project’s first phase has not been announced.
