The Business Journal of the Greater Triad Area - by Justin Catanoso
"The ongoing debate over 690 acres of private land in northeast Guilford County -- whether it will become an upscale golf course community or instead more than double the size of the Haw River State Park -- could soon be resolved.
Or not.
Just last week, the state made an offer to Bluegreen Corp., of Boca Raton, Fla., which holds the options on the acreage, to purchase the tract for an amount appraised at commercial value -- even though the land is currently zoned for agriculture.
"The state has made what I consider a very reasonable offer for the entire property," says Lewis Ledford, director of the Parks and Recreation Division of the N.C. Department of Environment and Natural Resources."
Currently the complete article is behind the pay wall at The Biz Journal .
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With the State making this offer all the property owners will receive their full property compensation even if the rezoning is turned down, which at the moment appears likely. This can then be a true win/win for the Haw River State Park, protection of the Haw River corridor and the property owners. Even Bluegreen can get some points for being a good citizen and listening to the residents of Guilford and Rockingham County. Other key land is certainly available for their Patriot's Landing project.
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