The Franklin Reporter & Advocate Eight Villages, One Community
A grand opening celebration was held May 21 for Voorhees Station, the first redevelopment project targeted for Route 27.
The mixed income, mixed-use project was built by RPM Development, and represents the latest in the township’s efforts to transform the area from industrial to residential and retail.
The three-building project features 76 rental units – 12 one-bedroom, 45 two-bedroom and 19 three-bedroom – and about 10,000 square feet of retail space.
This is the third redevelopment project in the Churchill Millstone Redevelopment Area, said RPM’s Brendan McBride.
The rental units are divided into 80 percent low- and moderate-income and 20 percent market rate, he said. McBride said that about 94 percent of the units have been rented, and all but one of the retail spaces have been leased.
“We have a Hallal meat shop and food shop, a dollar store, a salon and we’re about to sign up a photography studio,” he said.
The $20 million project was financed through Low-Income Housing Tax Credits through the state Housing Mortgage and Finance Agency, township Affordable Housing Trust money and funding through the Home Loan Bank of New York and PNC Bank, McBride said.
