The Three Executive Campus office complex, shown by the yellow rectangle. Route 70 is at the bottom of the photo and Route 38 at the top.
Cherry Hill Township, which faces a March 15 deadline to adopt its latest affordable-housing plan, wants to add the property holding the Three Executive Campus office building between Routes 70 and 38 as a potential site for residential units.
The 50-year-old Three Executive Campus, a six-story, 430,000-square-foot office building on 28 acres, is "an underutilized office park," according to the Township's plan.
Potential plans to build apartments on the site would fulfill the Township's commitment to designate sites that could include affordable housing. The Planning Board on Monday will decide whether to recommend adjusting the Master Plan to permit residential building in an overlay zone on the site, which now is zoned for only regional business.
"The property owner did not approach the Township about pursuing a redevelopment of the property but was notified of the proposed overlay zone prior to introduction," Brian Bauerle, the mayor's chief of staff, told 70and73.com in an email on Friday. "There are no pending or anticipated development plans for the property at this time."
3 ECCH Owner LLC is identified as the owner in Camden County property records.
Two versions of development on the property are in the plan.Â
One calls for infill development near the office building with 195 residential units, of which 39 would be affordable under the Township's fair share commitments under the Mount Laurel doctrine.
The other envisions reusing the office building for up to 320 housing units, including 64 affordable ones.
"The intent of the Three Executive Campus (TECO) overlay zone is to provide for a range of residential, office, retail, restaurant, personal services, recreational and civic uses to function as a mixed-use center on the Three Executive Campus site," according to the plan.
The agenda for the board's remote Zoom public hearing and meeting, which starts with a 7 p.m. caucus, is here. Several affordable housing documents, including the overlay ordinance, can be downloaded from the board's page here.
A Planning Board recommendation is scheduled to go to before Township Council at its March 9 meeting for a final decision.
Municipalities in New Jersey are repurposing developments, especially under-used office complexes, as answers to their affordable housing commitments.
The Marlton Crossing Garden Offices, in Evesham near the Routes 70 and 73 intersection, will be demolished to make way for a four-story apartment complex with 325 market rate units and some affordable ones.
Mount Laurel Township sees some hotels on Route 73 and elsewhere in town as potential residential housing sites with affordable housing units.
