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Construction Underway on Albertson Village in Camden County/Walters Group Redevelops Site, Builds New Luxury Rental Housing

General Real Estate

Updated on Oct 28, 2014

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HADDON TWP., N.J., Oct. 28, 2014 – Construction is underway on Albertson Village, a new 82-unit luxury apartment-rental project being developed by Walters Group. The community will be situated in the Westmont section of Haddon Township in Camden County.

Site improvements got underway earlier this year on Albertson Village, which is being built to LEED-certified levels. The residential project is rising on the site of the former Russell Cast Stone cement factory. Located on West Albertson Ave. just off Haddon Ave., the property sat vacant for more than 10 years. The Walters Group, owner of the property, is using environmentally friendly “green” technologies in the construction of the new buildings. When completed, Albertson Village will offer one- and two-bedroom residences, with optional loft spaces and upgraded interiors. In addition, the project will include an affordable component consisting of eight units.

“We are pleased to be moving forward on this project. After sitting idle for many years, this parcel of land was in need of redevelopment,” said Ed Walters, Jr., founder and partner of Walters Group.

Comprised of four three-story buildings, the community will be situated in landscaped open spaces with paved pathways so residents can easily walk to a community clubhouse with a 24-hour fitness center. Other amenities include Energy Star appliances, granite kitchen countertops and elevators in each building. Parking garages will be available for residents.

Historic Haddon Township boasts picturesque neighborhoods and year-round recreational activities. The community is located only 20 minutes from Philadelphia, offering commuters easy access to the PATCO high-speed line.

For nearly 30 years, Walters Group has been engaged in the successful development, management and sale of award-winning multifamily, single-family, affordable housing, student housing and mixed-use projects.

For more information about Albertson Village, please contact Melissa DeMayo, asset manager for Walters Group, at 609-607-9500 ext.129 or visit www.waltersgroupapartments.com

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