4. • Camden County Metro Policing
• Most Connected City in Southern NJ
• Knowledge Center for Southern NJ
• Regional Destination
• Economic Opportunity Act 2013
CAMDEN: A City of Possibilities
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5. A CITY CONNECTED
CONVERGENCE OF:
PATCO
RiverLINE
26 NJ Transit Bus Lines
RIVERLINK Ferry
The Ben Franklin Bridge
Major Roadways, Including
US 30 and 130, State Routes 38, 70
and 168, and Interstate 676
Camden GreenWay Trail Network
Future Glassboro-Camden Light Rail
Line
REGIONAL TRANSPORTATION HUB
6. . KNOWLEDGE CENTER
33%
of Camden’s 32,200
jobs are in the
Eds/Meds
17,000
private-sector
employees work in
downtown Camden
$1.11 Billion
Total spent in Camden
By Eds/Meds
7. A REGIONAL DESTINATION
Over 2.5 million
visitors came to the
waterfront in 2013
Home of
Adventure Aquarium
Campbell’s Field
Battleship New Jersey
Wiggins Park & Marina
Susquehanna Bank
Center
Camden Children’s
Garden
RiverLINK Ferry
8. 2008
Roberts Pavilion
Cooper Medical School of
Rowan University
2013
MD ANDERSON COOPER
Cancer Center
Rutgers Graduate Dormitory
City Parks, Roads and Streetscape
Over $750 Million invested in the last 6 years…with more to2008 - 2013
10. GROW New Jersey – Minimum Capital Investment
Type of facility Capital Investment South Jersey
Rehabilitation of an
industrial facility
$20/sf $13.33/sf
Construction of a new
industrial facility
$60/sf $40.00/sf
Rehabilitation of a non-
industrial facility
40/sf $26.66/sf
Construction of a new non-
industrial facility
$120/sf $80.00/sf
The minimum capital investment per square foot in Camden is:
11. GROW New Jersey – Minimum Capital Investment
Type of facility Jobs required
New/Retained
Camden Jobs
New/Retained
Start-up Technology, or
Manufacturing
10/25 8/19
Targeted Industries - Transportation,
Defense, Energy, Logistics, Life
Sciences, Health, Finance (excluding
warehouse and distribution)
25/35 19/27
Other Businesses 35/50 27/38
The minimum number of jobs required in Camden is as follows:
12. GROW New Jersey – Caps on Annual Tax Credits for the Business
Area Base Tax Credit
Camden $35,000,000
Growth Zone, Mega $30,000,000
UTH $10,000,000
Distressed Municipality $8,000,000
Priority Areas $4,000,000 but not more than 90% of
withholdings
Other eligible areas $2,500,000 but not more than 90% of
withholdings
The Legislation provides caps on the amount of the annual tax credit available
for a project.
13. GROW New Jersey – Caps on Gross Credits
Area BaseTaxCredit
Garden State Growth Zone, Mega $15,000
UTH $12,000
Distressed Municipality $11,000
Other Priority Areas (PA 1 or PA 2) $10,500
Other eligible Areas $6,000
The Legislation provides caps on the amount of the annual tax credit for each
new job after adding the Base Credit and Bonus Credits.
14. GROW New Jersey – Camden Projects
Number of Jobs Minimum Capital Investment Total Tax Credits Available
35 to 69 $ 5,000,000 $ 20,000,000
70 to 99 10,000,000 30,000,000
100 to 149 15,000,000 40,000,000
150 to 249 20,000,000 50,000,000
250 + 30,000,000 Up to total amount of capital
investment capped at
$350,000,000
For projects that make a capital investment of more than $5,000,000 and
create/retain at least 35 jobs the credit is the amount of the investment as provided
below.
However the ability to develop this plan although rooted in regional cluster advantages is in fact part of a sustained effort to develop an economy for Camden city. Over the last sixl years the expansion of both the medical and edcation community accountted for alomost 750 million in new development with another 400 million planned over the next 2 years.