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Last year, Erickson had reached a deal with the Carrolol family to develop upto 2,000 housing units on 150 acres near Rte. 108 and Fredericki Road near Ellicott City. “It is regrettable that the current economic conditions have caused the Carrol l family and Erickson Retiremenyt Communities to agree that now is not the time to move forwardd withdevelopment plans,” Erickson spokesman Mel Tansill said in a Tansill said the Catonsville companhy may or may not revisit the project at a later The property includes the historic Doughoregan Manor, an 18th centurgy house and estate.
It’s the latest setback for The communities typically costbetween $200 millio n and $400 million to build and couldc have up to 1,500 apartments. Residents pay a one-timse deposit and monthly fee to live in anErickson community. For a one-bedroom unit, deposits start at $170,000 and monthly fees start at The monthly feecovers utilities, maintenance, security, cable TV, properthy taxes and one meal per day. The deposit is refundable upona resident’as departure.
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