According to this story by Larry Carson in The Sun today, Erickson Retirement Communities has decided not to move forward with the purchase of 188 acres out of the historic properties 892 acre estate for a senior housing development. The Carroll family had hoped to use the proceeds of the land sale to finance the preservation of “the nearly 300-year-old Carroll family mansion and other historic structures once occupied by Charles Carroll of Carrolton, the only Catholic signer of the Declaration of Independence.”
“"All we can do is look at our options, as we were doing before Erickson came on the scene," said Camilla Carroll, who still lives on the estate, in an e-mail. "Of course there is no money now to restore anything, and historic buildings are falling down as we speak."
These are tough times for the financing of any large scale development project, even a unique opportunity such as Doughoregan Manor.
Interim Report, Part Two
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