Toll had originally proposed an 800-unit project on more than 250 acres, but that plan ran afoul of the New Jersey Department of Environmental Protection, which deemed the site usage as being too dense. Final DEP approval of the revamped proposal is still pending relating to compliance with the state's Coastal Area Facility Review Act (CAFRA), although that's expected to be a formality because Toll's latest proposal was scripted to CAFRA requirements.
With final approvals, Toll officials say they plan to break ground in the first half of next year and deliver the first-phase units in the spring of 2005. Company officials have declined to disclose the total cost of the project.
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