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Effective URL: https://fayettevilleflyer.com/2024/11/01/specialized-real-estate-group-finalizes-conservation-on-markham-hill/?utm_source=news...
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Effective URL: https://fayettevilleflyer.com/2024/11/01/specialized-real-estate-group-finalizes-conservation-on-markham-hill/?utm_source=news...
Submission: On January 11 via api from BE — Scanned from US
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Skip to content Saturday, Jan 11, 2025 Submit * Newsletter * Support Us * * * MAIN NAVIGATION Search * Latest * News * Local News * City Hall * City Council Recaps * Region * State * Public Calendar * Arts & Events * Food * Features * Weekend Flyer * Movie Reviews * Flyer Q&A * Flyer Guides * Trail Tours * Recipes * Weekly Deals * Sports * Real Estate * Fayetteville Listings * Springdale Listings * Rogers Listings * Bentonville Listings * All NWA Listings * Sponsors * Advertise * Calendar -------------------------------------------------------------------------------- * Newsletter * Support Us -------------------------------------------------------------------------------- * * * -------------------------------------------------------------------------------- Local News SPECIALIZED REAL ESTATE GROUP FINALIZES CONSERVATION ON MARKHAM HILL By Todd Gill · Friday, Nov 1, 2024 737 0 (Markham Hill photo courtesy Specialized Real Estate Group) After four years and a preliminary agreement, the conservation on Markham Hill has been formally secured. Specialized Real Estate Group has finalized a conservation easement for 39 acres on Markham Hill with the Northwest Arkansas Land Trust, fulfilling a commitment initially outlined in a 2020 letter of intent. This finalized agreement, combined with 13 acres of dedicated parkland, brings the total preserved greenspace on Markham Hill to over 50 acres. SUBSCRIBE: Get our free newsletter! The completion marks the culmination of a plan that began in 2018, when Specialized sought rezoning approval with a pledge to permanently conserve portions of the property. As part of that agreement, Specialized committed to preserving 50% of the total acreage as open space, including landscapes, meadows, and trails. That promise earned the approval of the City Council, despite concerns from residents over the scale of the project and its potential impacts on traffic and the environment. At the time, Specialized officials said the phased development would resemble a sustainable, conservation-based community similar to Georgia’s Serenbe, a community that integrates homes and open spaces in a natural setting. “We are proud to see this conservation effort realized, aligning with our vision to balance development with the preservation of our region’s natural resources,” said Jeremy Hudson, CEO of Specialized, in a news release. “Preserving these 39 acres in conservation is a key step in fulfilling our pledge to preserve half of Markham Hill as greenspace. Our vision extends beyond conservation to include creating integrated communities that respect and enhance the natural environment.” Wood Stone Pizza Wood fired artisan pizza It's green envelope season at Wood Stone! Bring back the envelopes you received in December during the month of January to redeem your discount! Specialized earlier this year announced plans for a 78-room hotel with a restaurant, a members’ club, and event space. Dinner service at the restaurant began this week. Grady Spann, executive director of the Northwest Arkansas Land Trust, in the release praised the partnership with Specialized. “As our region continues to grow, the Land Trust will continue to partner with developers like SREG and diverse stakeholders to permanently protect areas of high conservation value within our cities and towns,” Spann said. A conservation easement protects land from ever being subdivided or developed. The terms of the easement stay with the property deed and are upheld in perpetuity. Specialized has described the area to be preserved as containing a variety of large oak, hickory, maple and ash trees and traces of century-old logging roads and hand-built native stone walls and culverts. Much of the land was identified by the land trust as the highest priority in its Northwest Arkansas Open Space Plan. TAGGED Markham Hill FLYER WIRE NEWSLETTER The latest from the Flyer, straight to your inbox. Email East Side Grill Local neighborhood bar & grill The best brunch in east Fayetteville is back! Join us every Sunday from 10 a.m. until 2 p.m. for all your ESG brunch favorites! Ozark Natural Foods Community-owned grocery store Thirsty? Stop in to the taproom at ONF and stay warm with a delicious coffee, tea, or local craft beer this week! OUR SPONSORS Our sponsors are what keep the Flyer flying. Please let them know you appreciate their support for our work. Want to become a sponsor? Learn more. > See all our sponsors FLYER SPONSORS SUPPORT OUR WORK There are two ways to help keep the Flyer flying. DONATE If you find our work valuable, considering making a single or recurring donation to support reliable, original coverage of our beautiful city, and help keep our work free for all. (Donate here) SUBSCRIBE Never miss a thing. Know what’s going on in and around Fayetteville by subscribing to our free email newsletter. (Subscribe here) ADVERTISE Local businesses are so important to our community. Our goal is to work with small- to medium-sized businesses rooted in the community. To achieve this, we’ve developed affordable and effective advertising options for any budget. Several of our long-term packages cost less than $15 per day, including our popular sponsorship program. To get started or for more information, call Dustin at 479-387-1002 or send us an email. Proud member: * About * Contact * Advertise * Sponsors * Legal © 2007-2025 Wonderstate Media, LLC. All rights reserved. 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