Riverside property sale closes

December 24, 2016

Saturday, December 24, 2016, A deal four months shy of 10 years in the making was completed Friday when Ledbetter Properties closed on the purchase of nearly 80 acres of property on the east side of Riverside Parkway.

The Rome real estate developers paid $600,000 for the property, much of which sits in the Burwell Creek wetlands. Robert H. Ledbetter Jr. said Friday that approximately eight acres, near Riverside and Turner McCall Boulevard, would be ear-marked for retail development; the remaining acreage will be protected from future development under a conservation easement with the Georgia-Alabama Land Trust.

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