MEDIA ADVISORY, July 14, 2005 (PRIMEZONE) --
EVENT: Official groundbreaking of The Riverwalk At Penns
Grove, a mixed-use retail, entertainment, dining,
office and lodging complex in Penns Grove, Salem County,
New Jersey.
WHEN: Tuesday, July 19, 2005, 2:00 p.m. to 3:00 p.m.
WHERE: Main Street (State Route 48) at the Delaware River in
Penns Grove
PROJECT DESCRIPTION:
The Riverwalk at Penns Grove 195,500 square-foot mixed-use
waterfront development and part of a $65 million overall improvement
initiative for Penns Grove. The groundbreaking culminates a
five-year planning process to develop the 26-acre tract. The
maritime-themed project will include a riverside promenade, a
40,000 square foot entertainment, banquet and conference center,
a 4,500 square foot Italian restaurant, a 10,000 square foot
seafood restaurant, a 60-room hotel, approximately 40 retail
shops, office space, a microbrewery and a food court. A 900-foot
pier will be reconstructed to provide dramatic views of the
Delaware Memorial Bridge and will lead to an island and floating
breakwater that will be used for a variety of public events.
EVENT DESCRIPTION:
Geroge Kearns, Managing Director of Fenwick Commons, LLC, and John
Washington, Mayor of Penns Grove, will host the groundbreaking and
dedication. They have invited local and regional government leaders
to take part, along with military and veterans' leaders from
southern New Jersey and Delaware, and business leaders from Salem
County and the Boroughs of Penns Grove and Carney's Point.
PROJECT BACKGROUND:
Fenwick Commons, LLC, purchased the Riverwalk property in 2000 and
worked with the Boroughs of Penns Grove and Carney's Point, Salem
County and the States of New Jersey and Delaware to obtain the
necessary permits, approvals and financing. The groundbreaking on
July 19 will mark the commencement of construction on The
Riverwalk's promenade and seawall, which is being constructed by
the Borough of Penns Grove. Groundbreaking and construction of
the retail, lodging and restaurant facilities will follow shortly
thereafter. The public grand opening is scheduled for mid-2006.
The Riverwalk at Penns Grove pays homage to the rich historical
heritage of the area and is inspired by French's Hotel and picnic
grounds, which stood on the site a century ago.
FOR MORE INFORMATION AND DIRECTIONS, CONTACT:
Tracey Wiser, The Wiser Agency, 609-652-6612.
Advance and at-event interviews can be arranged with developer
George Kearns.
Visit www.pennsgroveriverwalk.com for project details and
downloadable images and logo.
The Riverwalk at Penns Grove logo is available at:http://www.primezone.com/newsroom/prs/?pkgid=1714