- Associated Press - Friday, July 15, 2016

CAMDEN, N.J. (AP) - America’s largest publicly traded water and wastewater utility is moving its corporate headquarters to a more than 200,000 square-foot waterfront complex planned in Camden.

The Voorhees-based American Water Works Co. on Thursday confirmed its plans to move hundreds of jobs to Camden.

The project will be located between the Benjamin Franklin Bridge and the Adventure Aquarium. Plans also call for offices, shops, and homes.

American Water hopes to begin building the five-story metal-and-glass building this fall and finish construction in the second half of 2018.

It stands to receive $164 million in incentives under the Grow New Jersey program, which rewards employers who invest in struggling cities.

“The waterfront location and the business community that is being created here offers great benefits to our employees and allows us to become a more significant part of a community where we are proud to provide water and wastewater services,” company president and CEO Susan Story said.

The utility has taken over most of Camden’s water and sewer systems.

The 130-year-old utility provides water and wastewater services to about 15 million people across the country. It has more than 6,700 workers in the U.S.

The $1 billion waterfront project was first announced in September.

Camden Mayor Dana Redd said she was “truly proud to be able to deliver on decades of unfulfilled promises to develop our Waterfront into a world-class destination.”

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