Cherry Hill Headlines

Posted on: June 11, 2013

Council takes first step in revitalizing old manufacturing site

(Cherry Hill, N.J.) — Township Council tonight took the first step toward revitalizing two underutilized, stagnant properties in town, with the goal of transforming them into premier corporate and commercial facilities.

Council directed the Township Planning Board to conduct a preliminary study to determine whether a 35-acre parcel known as the Victory Refrigeration Site and a 10-acre property on Route 70 referred to as the “OTB” site should be designated as areas in need of redevelopment. Such a designation would enable the Township to redevelop the properties to help attract and retain new commercial tax ratables.

The Victory site, located on Woodcrest Road across from the Woodcrest Corporate Center, is currently home to an outdated, 1950s-era manufacturing plant that has been underutilized for years. The site’s proximity to the PATCO High-Speed Line and the New Jersey Turnpike and its separate, direct access to Interstate 295 make it an ideal location for major corporations, such as Subaru of America, that are looking for new suburban headquarters.

“I envision transforming the Victory site into an economically viable and thriving world-class corporate campus fit for the 21st century,” Mayor Chuck Cahn said. “This is an opportunity to grow the Township’s commercial ratable base, solidify our thriving local economy and set a precedent for future growth.”

The first step in the redevelopment process is for Council to direct the Planning Board to undertake a preliminary investigation to determine each area’s potential for redevelopment.

Based on the Planning Board’s findings and recommendations, Council may designate all or a portion of each property as a redevelopment zone and move forward with developing a plan for the site. Residential development will not be included in the plans for either site.

“The Victory plant was built for a different time, a time when Cherry Hill’s economy relied on manufacturing,” Council President David Fleisher said. “We need to revitalize this property and bring it to 21st-century standards, to attract important tax ratables and further enhance the local economy.”

Council also directed the Planning Board to evaluate a 10-acre parcel at the Garden State Park that was purchased a decade ago for use as an off-track betting facility. Despite its highly visible location on Route 70, the site remains vacant and undeveloped.

“This is the gateway to Cherry Hill and an ideal location for a state-of-the-art commercial facility,” Cahn said.

Over the next several weeks to months, the Planning Board will study both sites to determine whether they meet the statutory criteria to be designated as areas in need of redevelopment, before making a final recommendation to Council.

Facebook Twitter Google Plus Email

Other News in Cherry Hill Headlines


Haddonfield-Berlin Road Lane Closures

Posted on: February 14, 2018

Mailing of property tax bill delayed

Posted on: July 17, 2017
Township Logo

Cherry Hill Plans Tax Cut for FY2018

Posted on: June 26, 2017

Township prepares for winter storm

Posted on: February 8, 2017

Recyclebank crediting to end on Dec. 31

Posted on: December 21, 2015

Trick-or-treating details for 2015

Posted on: October 13, 2015

Power-outage update from PSE&G

Posted on: June 23, 2015
Rosa Mathcounts 2-24-15.jpg

Mayor, Council honor Rosa MathCounts Team

Posted on: February 24, 2015

Town Council adopts public smoking ban

Posted on: November 26, 2012

Disaster assistance available through FEMA

Posted on: November 14, 2012

Weekly Column: Summer Safety

Posted on: July 18, 2012

Cherry Hill Arts Board Seeking Volunteers

Posted on: February 25, 2012

AARP Tax Help For Seniors At Township Hall

Posted on: February 25, 2012

Weekly Column: Focusing on Education

Posted on: February 17, 2012