The Blake Whitney Thompson Company LLC agreed to acquire 500 acres at Lake Wilborn near Hoover from United States Steel Corp. (NYSE:X) on January 13, 2016. In a related deal, Blake Whitney also agreed to acquire lots at Lake Cyrus. The total cost of acquisition of both the properties is $15 million. The deal is projected to close by the end of February. The Blake Whitney Thompson Company LLC cancelled the acquisition of 500 acres at Lake Wilborn near Hoover from United States Steel Corp. (NYSE:X) on January 13, 2017.