Delco Development, LLC. has purchased a 68-acre parcel of property between Route 38 and Fostertown Road in Mount Laurel, NJ, and will begin development on a mixed-use multi-family community called Haddon Point.
The project will consist of 274 high end market rate apartments with amenities such as; a clubhouse with a full gym, pickle ball courts, a pool, grill patio, entertainment area and walking path that surrounds the community. In addition to the market rate apartments, Delco is working with Ryan Homes to develop 206 Townhomes. There will also be 120 Senior Affordable units located on a separate parcel. 10 acres of commercial is zoned along route 38 but plans have not yet been finalized.
“We have been working on this project for over 5 years and we are very excited to begin construction. We believe this will be one of the nicest projects in Burlington County once completed.” said Tom Juliano, President of Delco Development.
Delco has trademarked the name Haddon Point and desires to grow the brand through development, with a focus on customer service and amenities. Delco completed its first Haddon Point project in Pennsauken on the former Pennsauken Mart site. The community has 254 units and is 100% occupied.
Delco Development, LLC is a family-owned local development company based out of Willingboro, NJ. The company holds a diverse portfolio which includes Hotels, Commercial and Office Properties, Multi-Family Housing, and Billboards.
Please visit our website at www.delcodevelopment.com