Morris’ mix: Development in Cherry Hill will have condos, retail and more — even sports betting
Fifteen years after starting the redevelopment of the former Garden State Park in Cherry Hill, Jack Morris still isn’t sure when the project will be fully complete.
But Morris, a principal of M&M Realty along with longtime business partner Joe Marino, said he knows one thing for sure: The next generation will likely face the same question of completion.
“We’re always building and rebuilding here,” he said. “It’s a little city. I don’t think we’ll ever be done here.”
Morris sat with media outlets recently to discuss the recent progress at Park Place at Garden State Park, the 220-acre mixed-use site that includes residential, retail, commercial and office.
The project, which has 1.2 million square feet of retail, has attracted some of the largest retailers and anchor shops in the country. Demand, Morris said, is bigger than supply. That has led to competing or similar entities, such as Trader Joe’s and Wegmans, as well as Shake Shack and Five Guys.
The massive redevelopment site also is going to be home to a new Costco, a luxury hotel and conference center — of which there are few in the area — as well as a new sports betting facility.
Morris, who also is the CEO and president of Edgewood Properties, detailed the current success and future plans for the property.
Read more here: http://www.roi-nj.com/2019/03/21/real_estate/morris-mix-development-in-cherry-hill-will-have-condos-retail-offices-and-more-even-sports-betting/