$4.9M Bid to Turn Tanglewood Business Park into Housing Hub
A new $4.9M bid has been placed on the Tanglewood Business Park in Clemmons, adding momentum to plans that could turn the long-discussed site into housing.

Tony Green
Apr 8, 2026
Arden Homes, based in Winston-Salem, has submitted a $4.9 million bid for the 167-acre property near Tanglewood, launching a new 10-day upset bid period where other offers must top $5.39 million.
This marks the fifth bid since Forsyth County opened the site for both business and potential residential development.
The land has been marketed as a business park since 2009, but momentum has shifted as homebuilders step forward with neighborhood plans.
The current bidding kicked off with Williams Development at $4 million, followed by Keystone Homes and a series of rapid offers, propelling Arden Homes into the lead.
Arden is active throughout the Triad and currently ranks as the area’s 12th most prolific builder.
Any proposed housing would require rezoning and changes to county restrictions, with concerns raised about already strained infrastructure.






















































