CHERRY HILL A building boom continues at Garden State Park on Haddonfield Road as construction has begun on a bank, a preschool and a 617-apartment complex.

But on the western edge of the sprawling, 240-acre former racetrack sits a vacant patch of dirt and grass, not a bulldozer in sight

. And the owners of the 18-acre parcel owe the township nearly $170,000 in property taxes.

Turnberry Cherry Hill LLC, a division of Florida-based Turnberry Associates, owns the parcel, which is assessed for tax purposes at $2.3 million. The land is northwest of The Home Depot across Garden Park Boulevard.

Turnberry also owns a half-acre property along Third Avenue off Chapel Avenue valued at $49,000. It owes a little more than $17,000 in taxes on that piece of land.

Several calls to Yamila Garayzar, Turnberrys vice president of sales and marketing, were not returned Thursday.

But Bob Dwyer, an owner representative for Turnberry in this area, said the arrears will be taken care of.

The taxes will be paid, asserted Dwyer, of Land Trust Properties in Berwyn, Pa. It must be some kind of clerical error.

If the debt is not paid by June 25, the land will be offered at a sheriffs sale, township officials said.

Dwyer did not say if there are any plans in the works for the parcel.

Read more from the original source:
$170,000 in taxes owed on Garden State Park parcel

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June 8, 2012 at 3:12 pm by Mr HomeBuilder
Category: Apartment Building Construction