The Chestnut Ridge Country Club in the Falls Rd Corridor closed its’ doors last year, and now the property has reportedly been sold to a developer, bringing the question as to what may go into the 232 acres the club inhabited.
The Falls Rd Community Association says in a post on their website that the property has been purchased by a company owned by Armando Cignarale, who runs Cignal Corp, which has developed projects such as Lighthouse Landing, Northshore, and the Moorings in Downtown Baltimore‘s Canton area, according to Cignal Corp’s site, as well as part of the Hunt Valley Station community, Chapelgate in Timonium, the Fields at Seminary and Seminary Springs in Lutherville.
The Chestnut Ridge Country Club property is currently zoned RC5, which would allow for the potential of 155 houses being built on the site.
Councilwoman Vicki Almond has raised the issue of the property’s zoning and its’ possible impact on the streams, ponds, and the Jones Falls watershed. It is possible that the zoning would be changed to RC6, rural conservation and residential, cutting down on the potential number of homes that could be placed onsite. Changing the zoning to RC6 would mean a minmum of 1 acre sites, and .2 lot per acre, which would reduce the number of homes by a significant amount, especially since there would be conservancy areas required as well.
It will be interesting to see what happens in the Falls Road Corridor over the next few months and years. To find out the value of your Falls Rd Corridor home, feel free to contact me!