Walton group buys 2,700 acres in Bella Vista; assures community input in future development

Walton group buys 2,700 acres in Bella Vista; assures community input in future development

May 9, 2024 | New Ventures and Investments, Outdoor and Recreation Investments

Blue Crane, the Bentonville developer, has closed a real estate deal to buy approximately 2,700 acres of undeveloped land from Cooper Communities Inc. of Rogers. Blue Crane announced the transaction on Thursday (May 9). According to a news release, the land is situated throughout Bella Vista in Benton County, with most of it on the city’s west side.

Blue Crane ventures into Bella Vista with $33.9M acquisition that includes Sugar Creek Center

Blue Crane ventures into Bella Vista with $33.9M acquisition that includes Sugar Creek Center

Mar 8, 2024 | New Ventures and Investments

Bentonville real estate developer Blue Crane completed a real estate acquisition for approximately 54 acres in Bella Vista in three separate deals totaling $33.9 million, laying the groundwork for future developments. The property acquired lies east of U.S. Highway 71 Business and includes the 9.5-acre, 48,000-square-foot Sugar Creek Shopping Center, a multi-tenant shopping center anchored by a grocery store, Allen’s Food Market. The remaining land is north and east of the shopping center.