A group of Big Canoe property owners are negotiating to purchase more than 700 acres of land in an effort to ensure the property will not be developed in a matter that could change the neighborhood's character. According to a statement released Jan. 20, Big Canoe's property owners association announced an agreement to purchase 730 acres inside the gated community from Big Canoe Company. The agreement includes 51 parcels of land, several of which are designated for high density or commercial development.