. In 2014, Bancroft announced that it would build a new campus in Mount Laurel and moved there in 2017.Following the furor over the proposed rehab facility, the borough itself bought the Bancroft site for $12.9 million in 2016. O’Neill retained an option to buy back 8.2 of those acres, and in 2019 he and the borough entered into an agreement in which his development firm was to build 80 market-rate townhouses as well as the 10 affordable townhouses there.
The developer also is seeking the court’s permission to build either a treatment facility or a townhouse development with as few as 90 or as many as 400 units on the site. The statement goes on to say that the borough “remains committed to complying with its constitutional obligation to provide affordable housing while the litigation progresses.”
Fair Share also is “happy that Haddonfield was able to find a new way to meet its Mount Laurel obligation” using the scattered-site approach, she said.