A Philadelphia developer is venturing into Camden, N.J., for the first time and plans to construct a new $17 million apartment complex.
Armed with $6.2 million in tax credits from the New Jersey Economic Development Authority, Iron Stone Strategic Capital Partners expects to begin construction in July on a 59-unit apartment project at 400-434 S. Broadway. It will be called Cooper Village Apartments and sit across from the Cooper Medical School of Rowan University. The development will have market-rate housing and will seek to attract medical students and others affiliated with the school as renters.
Cooper Village will cover a little more than two blocks along Broadway and occupy a series of derelict sites. Read more about this story on PBJ.com.