Trader Joe's, the gourmet, discount grocer, will be the 14th in New Jersey.
A gourmet discount grocer with a near cult following is coming to Cherry Hill.
Trader Joe's -- with products ranging from shrimp gyozas to crunch dried honey crisp apples to salted caramel-flavored hot cocoa mix -- is coming to Towne Place at Garden State Park.
The iconic grocer joins several other big-box retailers including Home Goods and T.J. Maxx in an expansion of an already bustling retail mecca of mixed use on more than 600 acres formed from a former horse racing track.
A proposal delivered to the township planning board in March included renderings of the new offerings as retail development continues to outpace residential on the crossroads property along Route 70, a strip that stretches connects the Jersey Shore with Philadelphia.
The development is already billed as "560,000 square feet of who's who large-box national retailers and restaurants" by its owners Jack Morris and Joe Marino of Piscataway-based M+M Reality Partners. Just doors down is a Wegman's.
Trader Joe's is just the latest in crowning achievements for the signature property. A Costco is also scheduled to spring up and M+M sued a gaming company partnership which controls Freehold Raceway last month for a shot at opening a sports betting facility on the property, one of only five outside of Atlantic City cut in on a sports betting industry that could overtake Las Vegas within the next decade, analysts have said.
Meanwhile, the plans submitted in March and approved in April by the township planning board call for the Trader Joe's to rise along Garden State Park Boulevard, a thoroughfare that runs along a sprawling Home Depot and will also lead to the new Costco.
Local officials are giddy about what happens next.
"We are thrilled at the news of these new retailers coming to Cherry Hill," township Mayor Chuck Cahn said Tuesday. "They are a great complement to the existing line of retail offerings at the Garden State Park and along the entire stretch of Haddonfield Road."
Malls are dying, but not this one. It's opening 7 new stores
A Whole Foods Market opened in Cherry Hill in 2014 less than two miles away from the new Trader Joe's location. The health-conscience chains are often located near each other and share the same shoppers.
A request for comment from Trader Joe's was not immediately returned Tuesday. An opening date for the new Cherry Hill store has not been announced.
This will be the 14th Trader Joe's in New Jersey and will join more than 400 nationwide. It will be the third in this region along with locations in the Marlton section of Evesham, less than seven miles away, and Center City Philadelphia.
Bill Duhart may be reached at bduhart@njadvancemedia.com. Follow him on Twitter @bduhart. Find NJ.com on Facebook. Have a tip? Tell us. nj.com/tips