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Marc Stiles Real Estate Editor |
July 29, 2010
YarrowBay, a developer of master-planned communities, last week closed on its fifth and final property for the Lawson Hills project in Black Diamond. The developer spent more than $8.4 million to purchase 93 acres and this moves the project closer to construction, says YarrowBay Managing Partner Brian Ross. It also could clear the way for home builders from outside the Puget Sound area to enter this market.
One day Lawson Hills, together with The Villages development also in Black Diamond, will total some 6,000 single-family homes and 1.5 million square feet of commercial space.
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