HAGERSTOWN -- A bank is foreclosing on two parcels at Hager's Crossing, a large housing development on the city's western edge.
Last fall, the Hagerstown Planning Commission approved 147 multiplex units -- similar to apartments -- on a 16.52-acre parcel, but nothing has been built.
A community center for the development sits on an adjacent 9.34-acre parcel.
A foreclosure auction on the parcels is scheduled for May 5.
In October 2001, The Rachuba Group of Eldersburg, Md., submitted plans to build 936 residential units behind the Centre at Hagerstown as part of a planned-unit development, with a mix of uses.
Within a few months, the project had been scaled down to 728 units, including single-family homes, town houses and four-unit buildings.
Ray Rachuba, a member of The Rachuba Group, said Wednesday that about 500 units have been built at Hager's Crossing.
He said the problem with the two parcels is tied to the overall bad economic climate. The rest of the development is not affected, he said.