Blue River Development, LLC, a prominent real estate developer, has successfully sold a 37-acre property on Glen Road in unincorporated Rockdale County to Smith Douglas Homes for $3.6 million. This strategic transaction paves the way for the development of a 139-townhome community.
Situated at the intersection of Glen Road NE and Old Covington Road NE, off Sigman Road and North Salem, the property stands out for its prime location in a highly desirable submarket. It is just one mile west of Earl O’Neil Park, near Olde Town Conyers, Costley Mill Park, Georgia International Horse Park and the Arabia Mountain National Heritage Area. The development’s proposed amenities include a clubhouse and pool, reflecting the community-oriented vision of Smith Douglas Homes.
“This sale represents a tremendous effort from our team, handling everything from entitlements and rezoning to engineering and due diligence processes,” said Michael Meshkaty, a strategic partner with Blue River Development. “Our comprehensive approach enabled us to efficiently prepare this site for development, overcoming unique challenges such as working with a seller doing missionary work in Honduras.”
Previously zoned as R-1, the property was rezoned to R-M following Blue River Development’s submission for rezoning in June 2022, with final approval received in December 2022. The team’s dedication to finding innovative solutions, such as working on a sewer solution and pursuing necessary easements, highlights its commitment to adding value and facilitating innovative development in the region.
Jim Van Kirk, EVP of Sales & Marketing at Smith Douglas Homes, expressed excitement about the project, “The Glen Road development is perfectly aligned with our mission to build quality homes in desirable areas. Thanks to Blue River Development’s diligent work, we are excited to move forward with creating a vibrant community in this exceptional location.”
This transaction demonstrates Blue River Development’s expertise in preparing land for development and solidifies its reputation as a key player in the growth of Georgia’s residential spaces. For more information about this development and other projects, please contact www.BlueRiverDevelopment.com.