Pennview Partners Urban Renewal Entity, LLC, the applicant and owner of 1550 Route 73 in Pennsauken Township, Camden County, New Jersey, applied for major subdivision and preliminary and final site plan and variance and waiver approvals. The Applicant had previously negotiated a redevelopment agreement with Pennsauken Township. The application and requested approvals carried out that portion of the Agreement that called for the subdivision of the property and a portion of a Township-owned lot into five lots -- two for stormwater basins and three for the following uses: a hotel, a multistory self-storage facility and a restaurant. While the site has presented a number of development challenges, the Applicant negotiated the resolution of most of them, which the Planning Board acknowledged in granting unanimous approval in early August. The Applicant is now seeking ancillary approvals and financing to initiate the remediation of the site under the LSRP program of the New Jersey Department of Environmental Protection. A Financial Agreement and a PILOT remain to be negotiated.
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