Synergy Stables Owner Proposes Low-Density Development to Preserve Colts Neck Rural Character
Michael Fazio, owner of Synergy Stables, has announced a proposal for a low-density residential development on his 32-acre property in Colts Neck, New Jersey. Rejecting offers worth tens of millions of dollars that would have allowed for over 330 residential units, Fazio is instead advocating for just 13 single-family homes to protect the area's equestrian and agricultural heritage. The plan aims to balance the township's affordable housing obligations with a commitment to preserving open space and preventing the infrastructure strain associated with high-density construction. To ensure long-term preservation, Fazio has expressed willingness to implement deed restrictions that would prohibit future high-density development on the site.
Topics: affordable housing community preservation land use policy residential development