Rohrer in the 1950s and grew into a regional powerhouse. First Peoples was founded by South Jersey Chevrolet dealer, business leader, and longtime Haddon Township Mayor William G. The building’s latest owner also said he became inspired by the story of the man who built it. The building also would include 33 apartments defined as affordable under an existing agreement between the township and the Fair Share Housing Center. A rooftop terrace, as well as some of the apartments, would offer what he described as “spectacular” Philadelphia skyline views. Sachdev hopes to construct an 11-story, 216-unit building called 600 Cuthbert that would incorporate the existing mid-rise portion of the former bank. As post-pandemic demand remains uncertain for office space but robust for rental housing, densely populated, transit-rich New Jersey suburbs like Haddon Township are seeing adaptive residential reuse proposals for older office buildings. The conversion of older downtown office buildings to condos or apartments is an established redevelopment approach in Philadelphia and other cities. When Ravi Sachdev bought the former First Peoples Bank headquarters in 2016, he planned to refresh the fading Haddon Township landmark with new retail and office tenants.
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