HomeFinanceWorking together to deliver on promise more than 30 years in the...

Working together to deliver on promise more than 30 years in the making

Camden County Freeholder Jeff Nash. – Courtesy photo

On a summer day in 1992, I found myself among a large crowd inside the iconic RCA Building in Camden city where the world’s first recordings were set to vinyl. Then-presidential candidate Bill Clinton arrived at an otherwise desolate Camden waterfront for his first stop following his nomination at the Democratic National Convention in New York City. The future president spoke to jubilant supporters about his bold plans for urban renewal and the bright future envisioned for the city he visited that day.

In the almost three decades which followed, there have been many similar promises to rebuild one of the poorest and most dangerous cities in the United States. Most plans were well-intentioned, all very expensive, but, despite all these efforts, Camden remained impoverished with limited opportunities for its residents.

Shortly after the Clinton visit, then-Gov. Jim Florio announced the “Camden Initiative,” only to see the plan abandoned by the incoming administration of Gov. Christie Whitman. Moving forward, it was replaced by a plan to develop the waterfront and clean Admiral Wilson Boulevard, but which essentially ignored the city’s neighborhoods. Gov. Jim McGreevey attempted to correct course by investing $175 million into those neighborhoods, but the investment was spread too thin, given the enormous need. Then the Great Recession handcuffed any economic opportunities explored by the following Gov. Jon Corzine administration.

Ironically, it was a Republican, Gov. Chris Christie, who, with a Democratic Legislature headed by Senate President Steve Sweeney and then-state Sen. Donald Norcross, lifted Camden’s trajectory for the first time in decades. Christie observed that, over the course of his first term, state aid to Camden increased approximately 40% to $350 million annually. He lamented about tax dollars being used to maintain the unacceptable status quo — the most dangerous, poorest city in the nation. He recognized that, either something dramatic was to be done to reverse the trend, or the annual cost to taxpayers would soon reach an astronomical $500 million a year.

Thus, the Economic Opportunity Act of 2013 was born, extending enticing tax incentives to companies willing to invest millions of dollars and certify full-time employment in Camden and four other distressed cities in the state. Specifically, the plan was designed to create new jobs, which, in turn, would generate new state revenue to offset state aid and tax credits.

Around the same time, the Urban Hope Act created new educational opportunities for students, and the city police department was replaced by a larger county-run Metro force.

The revitalization legislation exceeded expectations. Objective observers have hailed the city’s revival as a model for the transformation of a midsize urban center in the United States. The result: a $2 billion private sector business investment; thousands of new job opportunities; training for residents to fill jobs; demolition of dangerous buildings; revitalization of a dilapidated parks system; new market-rate housing; infrastructure repairs; higher educational achievements; and significantly lower crime.

The challenge for Camden today is to sustain that positive momentum in a volatile political environment fueled by Trenton turmoil. However, 30 years of failed efforts should remind us that we finally found a revitalization formula that works. Our focus must not be shifted by misguided politics, but rather remain on job training, education and safety for Camden’s residents and all of South Jersey.

If I had closed my eyes at the RCA Building that summer day in 1992, and reopened them today, I would see a thriving waterfront and improved neighborhoods. I would have to conclude that Clinton’s optimistic vision of Camden’s future came to fruition.

What I see for our future is the next president visiting some impoverished community elsewhere in America and envisioning that it could one day be a city transformed like Camden.

Jeff Nash has served as a Camden County freeholder for 27 years, first elected in 1991. He is also vice chairman of the Delaware River Port Authority, having served under five governors in that appointed position. He is an attorney who moved his law office to Camden city.

Related Articles

NAI DiLeo-Bram completes 20,000 SF in office leases in select Central Jersey market

NAI DiLeo-Bram & Co. recently completed four office leases totaling 20,000 square feet in the Middlesex County market. Helmed by Executive Vice President Robert Dinner, the deals span...

State Treasury says major revenues were down in February, citing early start on Tax Year 2025 refund processing

The state Department of the Treasury reported March 13 that February revenue collections for the major taxes totaled $3.091 billion, down $89.4 million, or...

ICON Real Estate Advisors arranges $7.95M sale of East Orange multifamily property 

ICON Real Estate Advisors has arranged the $7.95 million sale of a 58-unit garden-style multifamily property at 223 Prospect St. in East Orange. ICON represented...

JLL leases over 10K square feet in deals at Bedminster shopping center

JLL said Wednesday that it has leased 10,620 square feet of retail space at The Hills Village Center, a 101,453-square-foot shopping center anchored by Kings Food Market in Bedminster.  JLL...

Marcus & Millichap report: Retail market tightens as vacancy hits historic low

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has published its 2026 Northern...

Colliers brokers sale of vacant office building in Warren  

Colliers, a leading diversified professional services and investment management company, has arranged the sale of 45 Technology Drive, a 45,800-square-foot vacant office building in...

Latest Articles

00:01:07

Sherrill highlights N.J.’s life sciences leadership at HINJ forum

Gov. Mikie Sherrill touted New Jersey’s leadership in the life sciences industry during a forum hosted by the HealthCare Institute of New Jersey on...

Norman’s Hallmark opens 10th N.J. location in Woodbridge

Norman’s Hallmark has increased its Garden State footprint with the opening of a new store at Cloverleaf Shopping Center. The grocery-anchored retail center is located...

Appwork of Ramsey announces another $7M investment to advance multifamily maintenance solutions 

AppWork, a property technology platform helping multifamily owners and operators eliminate maintenance backlogs and improve resident satisfaction, on March 16 announced the raise of...

Schuman Cheese sees fourth-generation leadership changes

Fairfield-based Schuman Cheese, a fourth-generation family-owned company and leading importer and distributor of specialty cheeses in North America, announced several changes in its leadership...

NAI DiLeo-Bram completes 20,000 SF in office leases in select Central Jersey market

NAI DiLeo-Bram & Co. recently completed four office leases totaling 20,000 square feet in the Middlesex County market. Helmed by Executive Vice President Robert Dinner, the deals span...

Grant supports 37 postdoctoral researchers at three Rutgers schools

Rutgers University has received a $1.5 million grant from the Gordon and Betty Moore Foundation to support 37 postdoctoral researchers across 12 scientific disciplines. The...

Latest Articles

Sherrill highlights N.J.’s life sciences leadership at HINJ forum

Gov. Mikie Sherrill touted New Jersey’s leadership in the life sciences industry during a forum hosted by the HealthCare Institute of New Jersey on...

Norman’s Hallmark opens 10th N.J. location in Woodbridge

Norman’s Hallmark has increased its Garden State footprint with the opening of a new store at Cloverleaf Shopping Center. The grocery-anchored retail center is located...

Appwork of Ramsey announces another $7M investment to advance multifamily maintenance solutions 

AppWork, a property technology platform helping multifamily owners and operators eliminate maintenance backlogs and improve resident satisfaction, on March 16 announced the raise of...

Schuman Cheese sees fourth-generation leadership changes

Fairfield-based Schuman Cheese, a fourth-generation family-owned company and leading importer and distributor of specialty cheeses in North America, announced several changes in its leadership...

NAI DiLeo-Bram completes 20,000 SF in office leases in select Central Jersey market

NAI DiLeo-Bram & Co. recently completed four office leases totaling 20,000 square feet in the Middlesex County market. Helmed by Executive Vice President Robert Dinner, the deals span...