Bel Canto Asset Growth Fund last month celebrated the groundbreaking of Pearl Apartment Homes, a visionary new community that will bring 375 residences to Moorestown. Pictured are Jennifer A. Nevitt, CEO of Bel Canto (left to right); Mayor Quinton Law; and Thomas A. Leonard III, chairman of Bel Canto.
Representatives from Bel Canto Asset Growth Fund, a vertically integrated multifamily development company with a national footprint, celebrated the groundbreaking of Pearl Apartment Homes, a new community that will bring 375 residences to Moorestown, on Sept. 30.
The event brought together public officials, business and community leaders from across the region. The homes are conveniently situated adjacent to the shopping and dining at Moorestown Mall, minutes from downtown and only 23 miles from Philadelphia International Airport.
The first phase of completed construction includes a dedicated parking garage designed exclusively for residents. The groundbreaking underscored Bel Canto’s commitment to visionary development and long-term investment in high-value communities.
“Bel Canto’s unwavering resilience and commitment to serving the unique housing needs in and around Moorestown will result in creating a truly one-of-a-kind apartment community,” said Thomas A. Leonard III, chairman of Bel Canto.
With 32% of Moorestown residents approaching retirement age, Pearl allows longtime neighbors to stay in the community they’ve helped build. At the same time, its design, walkable location and flexible floor plans make it a choice for younger professionals and families eager to put down roots in Moorestown.
Pearl Apartment Homes will offer designed one-, two- and three-bedroom residences just steps from dining, health care, shopping and entertainment. Each home features chef-inspired kitchens with quartz countertops, sleek stainless-steel appliances, expansive closets and versatile layouts for both living and working.
Amenities include a swimming pool with sundeck and spa and a yoga studio. Social and leisure spaces feature a refined parlor with gaming tables to a podcast studio.
Mayor Quinton Law also emphasized the project’s significance to the community.
“This groundbreaking marks an exciting new chapter for Moorestown,” he observed. “Pearl will expand housing opportunities that meet the needs of our growing and changing community, while also representing a significant investment in our township’s future.”
Pearl Apartment Homes will begin pre-leasing next summer, with first move-ins anticipated for fall of 2026.
For more information, visit ApartmentsinMoorestownNJ.com.
