Shackamaxon Golf and Country Club Settlement May Allow Condo Development

Sep 2 2011 in News by thestarter

Shackamaxon Plan May Add Condos: The eventual owners of Shackamaxon Golf and Country Club will be permitted to build up to 60 age-restricted luxury condos on a 12-acre parcel at the center of the property, according to a preliminary settlement reached by Shackamaxon, New Jersey Golf Group, the Township of Scotch Plains and the Scotch Plains Planning Board. In exchange for the deal, the club’s owner – almost assuredly New Jersey Golf – must pay the township $475,000 for the deal on the club, which reportedly owes millions of dollars to Valley National Bank.

This is from a story on the Scotch Plains-Fanwood Patch… Patch is doing some interesting things for local journalism.