CAMDEN,NJ — Turning the RCA Pier into park is coming closer to reality, and the public will have the opportunity to learn more and discuss the park's design with developers on Wednesday.
Cooper’s Ferry Partnership, who is managing the design and construction of RCA Pier Park on behalf of and in partnership with the City of Camden and Liberty Property Trust, will hold a public meeting on June 20 from 6 to 7:30 p.m. in the Caruso Room at the Victor Lofts, 1 Market St.
The Camden City Council at its meeting last Tuesday passed a resolution authorizing an agreement between the City of Camden and CFP for management and administration of Green Acres funds.
Last year, the city received $1 million in New Jersey Department of Environmental Protection Green Acres funds, and an additional $500,000 previously awarded to the city by Green Acres for a different project was reallocated to the RCA Pier project, according to Joe Myers, CFP chief operating officer.
In addition, the Camden Special Services District and CFP were each awarded $250,000 in Green Acres funding for the project, totaling $2 million in state funds for development of the RCA Pier Park.
According to Myers, the goal is to raise $8 million for the project.
“At present, the project partners have raised $2 million from Green Acres and $2 million from Liberty Property Trust, with an additional $883,000 pending from the state,” Myers wrote in an email.
The project partners are “currently seeking other sources of funding for the project," he wrote.
The RCA Pier, which is currently a parking lot on Camden’s Central Waterfront, is located within Liberty Property Trust’s Camden Waterfront redevelopment project.
According to CFP, the pier will be developed into 2.2-acre “signature” waterfront park as part of the Camden County’s Wiggins Waterfront Park Promenade, “a 1-mile waterfront path extending from the Benjamin Franklin Bridge south to the Battleship NJ, which borders the project area.”
RCA Pier Park “is intended to complement waterfront projects already under development by Liberty Property Trust and provide “a unique outdoor amenity” for residents and visitors, CFP said.
Liberty Property Trust is currently building is over 1 million-square-feet of office space, a 180-room hotel, apartment and townhomes with retail along the waterfornt. American Water’s headquarters are also under construction, along with the 18-story headquarters of Conner Strong & Buckelew, NFI and The Michaels Organization.