Geared towards growth, Woolwich and its State-approved Regional Growth Center (AKA Kings Landing at Woolwich) have the potential to be a major commercial hub along the East Coast. The Rt. 322 corridor is the only east-to-west corridor in the State with easy access to the Commodore Barry Bridge, the Blue Route, 295, 55 and the NJ Turnpike. In addition, Exit 2 of the TPK represents the only undeveloped Turnpike Interchange remaining in the state – a 2.5 square mile frontier, primed for regional growth and major job creation. Given its prime location and high commuter and seasonal traffic, the Center offers enormous opportunities for highway and destination-based growth for both SJ and Philadelphia markets. According to the United States Census Bureau’s most recent population estimates, Woolwich continues to see the greatest sustained levels of growth in the region, and is forecast to see the highest percentage change (127%) in population by 2040, of any town within the 9 county, Philly Metro region – at 12,900 additional residents. Over the past 15 years, the Twp’s population grew by 300%, and is currently the 3rd fastest growing community in NJ
Along Route 322 at New Jersey Turnpike exit 2, preliminary plans call for almost 1.5 million square feet retail and commercial space and 1.5 million square feet of office, light industrial, warehouse and flex park. In addition, as part of a redevelopment agreement, the Township has partnered with Precision Land Development, LLC., to design and construct a sewer conveyance system along the Route 322 corridor, which will connect into the Logan Township Municipal Utility Authority’s, wastewater treatment plant that is currently being expanded to provide an addition 500,000 GPD in available treatment capacity. Nearly two-thirds of the Kings Landing Regional Center will be served by gravity sewer, with installation anticipated to commence in March of 2019 for completion in mid 2020. NJ Aqua, which owns the water franchise, will be installing public water at the same time, while natural gas is already available along the corridor. Kings Landing is also subject to an approved Redevelopment Plan, which affords developers with unique opportunities to partner with the Township on moving important development projects forward.
The use of transfer of development rights (TDR) will be a major component of residential development within Kings Landing, which will provide for a range of housing types as part of a center-based, mixed use, walkable community of up to 3,700 new homes. Through TDR, development rights in an area targeted for preservation are transferred to another area targeted for growth like the Route 322 corridor. The overall goal is to preserve farmland while also creating neo-traditional developments that are a mixed-use, sustainable community.
In addition, a new town center will be located along Center Square Road as part of the Weatherby housing development. Plans include a supermarket, restaurants, small retail stores as well as office and medical space.