Bart Bauer is developing The Treetops in southeast Fayetteville. The subdivision, originally platted as The Paddocks in 2009, went into foreclosure in 2010. Bauer is also developing Abshier Heights, formerly a foreclosure, in central Fayetteville.
Frozen in time, stuck in court, bank owned, or stranded without full utilities, nearly two dozen subdivisions in Benton and Washington counties not only languished during the Great Recession, but sat dormant for years afterward.
Large and small, urban and rural, at least 22 subdivisions still do not have a single home. While many developments sprouted back to life with the return of consumer confidence, some, from Centerton to Goshen and points in between, are just now climbing out of the long shadow cast by the real estate collapse. Still others show no signs of renewal, and remain overgrown relics of a bygone era.
In terms of renewal, Fayetteville is seeing the most action. Five subdivisions have been replatted and renamed and are finally ready for construction. For places like Hughmount... [ MORE ]