Camden County Freeholders To Bid On Bankrupt Woodcrest Country Club
By Pat Loeb
CHERRY HILL, N.J. (CBS) -- Woodcrest Country Club once admitted members only, but it could become public land. Camden County plans to bid on the property in a bankruptcy auction on May 20th.
Freeholder Jeff Nash acknowledges it's a big investment -- the opening bid is more than $6.5 million, but he says it's exactly what the county's Open Space fund was designed for.
"This is a beautiful piece of property in an area that cannot handle anymore congestion in terms of road traffic and other problems associated with housing or commercial development," Nash says.
The 155 acre property near Evesham Road and Route 561 also has historic value. It was created in 1929 by Jewish golfers who were barred from other country clubs. It's now owned by Sun Bank.
Nash says there's been a lot of concern about what would happen to it.
"We sat down with the municipality which is very anxious to preserve it," he says, "and we agreed to aggressively pursue the property for open space.
The auction was planned for Monday.
