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10/5/2015 - Major Distribution Warehouse Planned for Fortune 500 Company in Hamilton Township

 

Major Distribution Warehouse Planned for Fortune 500 Company in Hamilton Township

 

An application to revitalize a Route 130 site with an over 340,000 square foot warehouse distribution facility has been filed in Hamilton, which Township officials say is planned for a future Fortune 500 tenant.

Mayor Kelly Yaede announced today that SunCap Property Group from Charlotte, NC has submitted plans to build the facility on a 68.8 acre parcel of land zoned for research and development along Hamilton’s Route 130 corridor, across from the Shoppes at Hamilton center.  

Preliminary discussions between Township officials and the applicant have revealed that, if approved, the warehouse distribution facility would accommodate a Fortune 500 company.         

According to SunCap Property Group’s website (http://www.suncappg.com/featured-projects/), the company lists “featured projects” for clients such as General Electric and FedEx. 

The application is currently under the review of Hamilton’s Administrative Review of Development Application committee, which must determine if the application is “complete.”  If determined to be “complete”, the application would then proceed to the Hamilton Township Planning Board for consideration.        

“Although this recent application must still be reviewed, and if determined complete, must still be considered by the Hamilton Township Planning Board, I believe the application itself speaks volumes about the attractiveness of Hamilton to major businesses, including Fortune 500 companies,” says Hamilton Township Mayor Kelly Yaede.

If approved, the SunCap Property Group would look to revitalize 62 acres of the land by demolishing existing buildings (including a Sun Chemical and a former Haddonfield Lumber property) to create room for the major warehouse distribution facility.  The remaining 6.8 acres of land would come from a minor subdivision, and if approved, would be slated for a future development of that parcel.

The proposed plan would also lead to significant traffic improvements on Route 130 if approved.  One improvement would be the creation of a jug handle that renovates the existing temporary left turn signal into the Shoppes at Hamilton into a permanent traffic signal to serve southbound Route 130 traffic.  The second improvement would be the creation of a second traffic signal to accommodate northbound Route 130 truck traffic looking to access the facility without the need to impact nearby local roads.

“We continue to see great interest in our community, particularly in companies who are seeking to revitalize underutilized commercial property,” explains Mayor Yaede.  “I firmly believe that we will see this kind of interest continue all across our community.”