A joint venture between the Ravitz Family, which owns Supermarkets of Cherry Hill, Inc., and the Goldenberg Group, headquartered in Blue Bell, PA, is set to develop the first full-service supermarket in Camden in more than three decades. The newly announced investment—which will also feature the first-ever ShopRite in the area, as well as several restaurants and smaller retail businesses—will occupy a city-owned, 20-acre vacant site at the corner of South 17th Street and Admiral Wilson Boulevard.
Scheduled to open in 2015, the 150,000-square-foot Admiral Wilson Plaza will be managed by Jason, Shawn and Brett Ravitz, the fourth generation of the Ravitz family which has been operating five other ShopRite stores in the New Jersey area for over 40 years.
“My brothers and I are proud to be bringing a ShopRite store to Camden. We recognize that there is a great need for a full-service supermarket in the city and have been trying for years to find the best location to serve the community,” said Jason Ravitz, vice president, retail operations for Supermarkets of Cherry Hill, Inc.
The $40 million Admiral Wilson Plaza is expected to create around 400 construction jobs and 320 part-time and permanent jobs. Though the project is still in the early stages of land acquisition and permitting, the developers are confident that the new supermarket will offset the lack of shopping venues in the area and improve the quality of life for residents.
According to the Philadelphia Inquirer, Camden City has only a few mid-sized grocery stores serving a population of 77,000 people.