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Cherry Hill officials made a resounding commitment on Monday to preserve Holly Ravine Farm, announcing an agreement in principle to purchase and safeguard this cherished piece of land.

Holly Ravine Farm, previously home to the iconic Cowtail Bar ice cream parlor and a beloved petting zoo, holds a special place in the hearts of Cherry Hill residents, carrying with it cherished memories for generations. While the Gilmour family, the original owners of this former dairy farm, had initially aspired to preserve it, various challenges had pushed them to consider selling it, even if it meant allowing a developer to construct on the property.

However, the newly established agreement in principle positions the township to protect Holly Ravine Farm as open space for future generations.

Robert Gilmour, a member of the Gilmour family, expressed his appreciation for the sentimental value Holly Ravine Farm and the Cowtail Bar held in the community’s collective childhood memories. Having spent most of his life growing up and working on the farm, he understood its unique significance. Robert Gilmour stated, “We are thrilled that the property will be saved and remain as open space for generations to come.”

While specific financial details were not disclosed in Monday’s announcement, officials stated that the purchase price aligns with the property’s appraised value, as determined by two recent appraisals.

The agreement in principle is contingent upon approval by the Township Council.

Council President David Fleisher, who spearheaded the township’s purchase negotiations, hailed this development as “a great day for Cherry Hill.” He emphasized the enduring significance of Holly Ravine Farm in the community and pledged to safeguard it as open space for the lasting enjoyment of township residents.

Earlier this year, efforts to preserve Holly Ravine Farm faced a crucial turning point when a Texas-based developer sought to build a senior-living complex on the land. This proposal triggered a public outcry from individuals determined to protect the farm. Ultimately, the Cherry Hill Zoning Board shared these concerns and declined Caddis Healthcare Real Estate’s application during the spring.

The Gilmour family has maintained ownership of this dairy farm for multiple generations. In 1933, John C. Gilmour Jr., a dairy farmer who later became Cherry Hill’s mayor, established the Cowtail Bar. With the addition of the Moo Zoo in 1964, Holly Ravine Farm cemented its status as a beloved family destination in the region.

After the closure of the Cowtail Bar in the 1980s, the farm remained the cherished residence of John and Eva Gilmour. Following Eva’s passing in 2011, the family embarked on a mission to preserve the property. However, various obstacles thwarted their efforts, including previous refusals by the New Jersey Farm Preservation Committee and the township to protect the land, as noted by Robert Gilmour, the son of John and Eva.

Having encountered setbacks during two earlier preservation attempts, the Gilmour family opted to place the property on the market. Past potential sales had been blocked by the township due to concerns about increased traffic in the area.

Located at the intersection of Evesham and Springdale Roads, this 23-acre property has left an indelible mark on the hearts of Cherry Hill residents, and its preservation marks a significant milestone in the community’s history.