Campbell Soup says it's determined to stay in Camden. Sprawling Office Campus plans ignore transportation assets.
Campbell Soup, the last Fortune 500 company in Camden, suffered a severe blow to its plans to create a 110-acre office park on the Admiral Wilson Boulevard when a judge invalidated its development plan this month.
But Campbell officials say the company is standing by the plan and the city that has been its home for 140 years - despite past warnings that it might move if the office park isn't approved.The proposal would cost Campbell $72 million, and taxpayers would kick in $23 million for road upgrades and utilities.
Caren Franzini, the state Economic Development Authority's chief executive, isn't daunted by that record. She said city, county and state officials all remained behind Campbell."All the parties, we're all still working together because we all want it to happen," she said. "So we have a high level of confidence."
She said the development was vital to Camden because it would not only cement Campbell's presence, but also attract businesses to the state's poorest city.
"That part of the city is just prime for development," she said.
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