A developer is finalizing plans for a potential residential project on nearly 30 acres of land he recently bought for in Bethlehem Township. The buyer, River Hills Estates LLC, is affiliated with Cahill Properties LLC, which developed North Park Apartments, which opened in 2017 in Bethlehem Township.
Robert Cahill, managing partner for Cahill Properties LLC of Easton, said he bought the 30 acres because he likes the marketplace, area and location. He declined to disclose the sale price. Northampton County property records show the property sold for $1 million.
The property is vacant land along a residential street off Freemansburg Avenue, near Route 33 and Interstate 78.
Cahill Properties is finalizing its plans and anticipating some development, he added. The company may appear before the planning commission by next month, he said.
The site’s zoning as medium density residential allows for multiple uses. According to Cahill’s website, he would like to build more than 70 twin homes, single-family homes and townhouses.
Kelly Berfield and Ryan Dietrick of Colliers International’s Upper Macungie Township office facilitated the sale of the 29.5 acres and represented both the buyer and the seller, Joann Turocy.
The sale closed Jan. 4.