CAMDEN, NJ— Campbell Soup Co. announced onThursday that it selected Brandywine Realty Trustof Radnor, PA as the developer for the mixed-use Gateway Districtproperty here that many city and business officials hope will keythe revitalization of this long-troubled city.

The 13-acres that make up the Gateway District are located offNewton Avenue between Admiral Wilson Boulevard and 11th Street andare owned by Campbell Soup. Under the terms of the agreement,Brandywine Realty has the option to purchase the propertythat lies adjacent to Campbell Soup's headquarters, according tothe Philadelphia Business Journal.

“Brandywine is a perfect fit for this project. Brandywine hasconsistently demonstrated a clear focus on high-quality,well-designed urban development and their experience will be animportant catalyst to establishing the Gateway District as a soughtafter business center,” says Richard Landers, vicepresident of tax and real estate for Campbell Soup. “Today marks animportant step in the revitalization of Camden's Gateway Districtthat will help create jobs and spur economic growth.”

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.