CLEMENTON — The 30-acre former Acme and Grants shopping center site, with its sprawling parking lot along the White Horse Pike, will see a $50 million mixed-use redevelopment project, Camden County officials announced Tuesday.

Leewood Real Estate Group/NJ plans to develop 205 residential dwellings around greenway promenades and walking/jogging trails that will provide access to an on-site pond. Seven acres of the site will be reserved for commercial development, according to the Camden County Freeholder Board, the Borough of Clementon and the Camden County Improvement Authority (CCIA).

“The county is committed to assisting municipalities to identify redevelopment projects that will revitalize a community and generate new ratables,” said Freeholder Director Louis Cappelli Jr., liaison to economic development. “The CCIA’s previous demolition of the 200,000-square-foot dilapidated structure that had sat vacant for decades is now providing Clementon with the potential to generate over $1 million in new revenue with this project.”

To see photos of the former buildings, click here.

Leewood Village at Rowand Pond will be constructed in phases, the first of which will feature 49 units ranging from $169,990 to $199,990.

“The redevelopment of this key parcel of land will transform the borough’s commercial district along the White Horse Pike,” Cappelli said. “The project will also revitalize the area by featuring access to Rowand Pond and the Camden County Greenway adjacent to the property.”

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Greg Adomaitis may be reached at gadomaitis@southjerseymedia.com. Follow him on Twitter @GregAdomaitis. Find the South Jersey Times on Facebook.