Cherry Hill, N.J. -  Subaru of America, Inc. today broke ground on its future home in Camden, NJ. The company plans to develop an all-new $118 million corporate headquarters in the city, and in doing so, maintain its corporate headquarters in New Jersey as it has for approaching 50 years.
 
The automaker’s new headquarters will be located adjacent to Campbell Soup Company’s world headquarters. The Subaru of America campus will be the first new corporate headquarters in Knights Crossing, a master plan urban town center community, being developed by Brandywine Realty Trust.  
 
The ground-breaking ceremony featured a display of historic Subaru vehicles from the company’s 50 years in the Delaware Valley, as well as a unique earth moving/groundbreaking ceremony conducted by a specially-produced Subaru Outback with an attached plow.
 
Thomas J. Doll, president and chief operating officer of Subaru of America, said: “We are very excited to be moving this project forward as we seek to bring our family of employees together on one site. This signing cements the long-term future of Subaru in the Delaware Valley and we are pleased that, after almost 50 years here, we can plan to continue to be a part of the local community we have supported for so long.”

Gerard H. Sweeney, president and chief executive officer of Brandywine Realty Trust, said: “We are delighted to contribute to the revitalization of Camden and look forward to Knights Crossing becoming a significant catalyst to the renaissance taking place in Camden..."

For more information about Subaru's groundbraking and their future impact on Camden's local economy, visit the following link:http://media.subaru.com/newsrelease.do;jsessionid=5ADFEA06B5D74AB03ABCDB309DDFBE8D?&allImage=1&teaser=subaru-america-breaks-ground-new-headquarters-camden-nj&id=903&mid=117