Written By: Melanie Burney, Staff Writer at Philly.com and The Inquirer |
Camden County closed a $6.2 million deal Thursday to build apartments on the site of the old Pennsauken Mart on Route 130 in South Jersey.
The Camden County Improvement Authority said it has reached a long-anticipated agreement with Delco Development of Willingboro.
The Burlington County builder plans to put a 250-unit residential site on the property, according to the county. The project will also include amenities and retail outlets.
In a statement, Pennsauken Mayor John Kneib said he was “excited to hear of the completed sale of the site.” The 35-acre parcel has been vacant since the Mart was demolished in 2007.
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