Plans Aired for Upscale Rio Townhomes
Cape May County Herald
COURT HOUSE – Middle Township’s use of state rehabilitation and redevelopment land-use statutes may soon result in active development of long-dormant sites adjacent to township business districts.
The municipality recently entered into exclusive negotiations with a potential developer of a large tract off of Indian Trail Road.
Mayor Timothy Donohue also reported during his recent State of the Township address that preliminary discussions were had concerning a potential hotel development near Exit 10 of the Garden State Parkway.
Yet another site was the subject of discussion April 15 when Tom Juliano of Delco Development made a presentation at a township committee work session concerning conceptual plans for a townhome and high-end apartment complex on the 22-acre site of the former concrete plant in Rio Grande.
Delco Development is the company that owns the Rio Grande Shopping Center complex which houses a number of national retail stores, including the recently expanded Walmart. The property Delco is considering for the residential complex lies behind the south end of the shopping center abutting Route 47 and running along Railroad Avenue near the site of the soon-to-be-built Rio Grande Park.
Juliano said that market analysis led the company to believe that a high amenity apartment complex would flourish in the area. Juliano pointed to Delco’s success with a similar development in Pennsauken, the Haddon Point Luxury Apartment Complex, which is situated on the site of the former Pennsauken Mart.
Read more about this Rio Grande residential community project by Delco Development at capemaycountyherald.com.