Blue Crane Closes Deal On 2,700 Acres Of Undeveloped Land In Bella Vista

On Friday, real estate development group Blue Crane met with members of the Bella Vista community to announce the purchase of 2,700 acres from Cooper Communities Inc.

• The Blues Brothers: Blue Crane is the real estate arm of Runway Group, a holding company that primarily invests in outdoor recreation and hospitality initiatives. The group is led by Steuart Walton and Tom Walton, the grandsons of Walmart founder Sam Walton.

• Bike-tirement Community: No plans have been revealed for what’s to come, but Blue Crane assures community input will be considered. According to Talk Business & Politics, Tom Walton hinted at pushing Bella Vista to the forefront of Northwest Arkansas’s mountain biking conversation and the city's evolution from “a retirement haven [to] a full-fledged outdoor recreation destination.”

You can follow along with updates on Blue Crane’s dedicated page for this development HERE.