Results

Redevelopment Project in Stone Harbor

Stradley Ronon represented the Sisters, Servants of the Immaculate Heart of Mary (IHM) with a redevelopment project in Stone Harbor, New Jersey. A 250-bed retreat house with 4.5 acres of beachfront views owned by IHM was demolished, and a new retreat house was constructed on a smaller lot allowing for the creation of 13 beach-block residential lots and a new street within the boundary of the original property. The sale of the high-profile lots provided funding for demolishing the existing building, creating a new retreat house and establishing an endowment to support the future needs of the congregation.

The Stradley Ronon team navigated the complex town zoning board requirements, received CAFRA permitting from the state Department of Environmental Protection, negotiated with the contractor, potential developers and residential lot buyers and resolved a dispute with the Borough of Stone Harbor regarding the developability of land adjacent to dunes.

08/18/2023

Related Professionals

Related Results