A developer who bought about eight acres from Homer Township in 2003 flipped the property 3– months later, netting a roughly $1.3 million profit on his $91,000 investment.
Developer Robert Parsons also is a partner, according to a company employee, in Solarcrete. That firm was given a $2.5 million contract to build the adjacent Founders Crossing senior housing.
Construction of the 30-unit development was dogged by delays and setbacks, and it took three years to finish.
Parsons later gave $10,000 to Township Supervisor Andrew “Bud” Fazio’s campaign in the days before Fazio’s 2005 election to a second term.