K&M Properties (also known as Stafford Lakes LP) owns a majority of the land on the Crow's Nest peninsula, including lots 48-1 (2,743 acres, in two pieces), 49-27 (802 acres), and 128 lots in 49D (a planned subdivision platted in 1974 and known as "Crow's Nest Harbor").

Stafford Lakes LP (also known as K&M Properties) submitted a plan in December 2004, followed by two revised plans in 2005, to develop the Crow's Nest peninsula. The first plan in December detailed the steep slopes and sensitive areas on the peninsula, and called for 646 houses on approximately one acre lots (view the December plan; may load slowly). A second revised plan was submitted in January 2005. This plan eliminated some of the topography lines detailing the slopes, and sensitive areas on the peninsula, such as active bald eagle nests (view the January plan; may load slowly). The third revised plan, submitted in April 2005, does not show any of the slopes or sensitive areas, reduced protected areas around creeks, and added additional streets and lots, bringing the total number of proposed homes to 680 (view the April plan).


In January 2006, the Planning Commission unanimously rejected the proposed plan.  In March, K&M filed an appeal of that decision.