Anne Arundel County has agreed to sell a 13-acre property in Glen Burnie to a group of developers tasked with carrying out a long-anticipated overhaul of the site.

The run-down lot at 7409 Baltimore-Annapolis Blvd. will be transformed into a transit-oriented residential community dubbed the Villages at Sawmill Creek, according to the county.

Having entered into the agreement, which was effective March 11, the developers will next demolish a garage on the site and conduct soil remediation. Developers are expected to submit their concept plan to the county’s Office of Planning and Zoning in the fall or early next year.

The terms of the agreement were not clear. But a $300,000 grant from the Maryland Department of Housing and Community Development will fund building demolition and environmental remediation, according to a county news release.

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In a statement, County Executive Steuart Pittman called the project “an incredible redevelopment opportunity that delivers what Glen Burnie residents and businesses have asked for — revitalization through housing, economic activity, and environmental restoration.

“This vibrant residential hub will provide residents the ability to live, work, and play without owning a car,” the Democrat said.

Officials have long touted the Glen Burnie site as an ideal location to continue the state’s and county’s emphasis on building housing near transportation hubs, because Baltimore-Annapolis Boulevard is adjacent to the B&A Trail and a quarter-mile from the Cromwell light rail station.

County Councilwoman Allison Pickard, a Democrat who represents Glen Burnie, said she’s long championed this redevelopment.

“Transforming a long-underutilized property into the Villages at Sawmill Creek will create a beautiful new residential community while revitalizing an important part of Glen Burnie,” Pickard said in a statement. “This project reflects our commitment to smart growth, environmental restoration, and building vibrant neighborhoods connected to transit, trails, and opportunity.”

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The development is expected to include five four-story buildings with a total of 210 condominiums and 36 townhomes. Recently adopted county law means at least 10% of the units must be priced for households that make no more than 80% of the area median income, which is about $131,000, according to Fannie Mae.

Sawmill Creek runs through the property. The county plans to include environmental enhancements such as planted stream buffers, reforestation, expanded green space and woodland habitat, and improved stormwater management.

The county chose a group of developers — Koch Development Group, Reliable Real Estate Services, Chaney Development LLC and Whitehall Development LLC — to carry out the project.

Amy Gowan, president and CEO of the Anne Arundel Economic Development Corp., described the March 11 agreement as a “milestone” that “moves the project from vision to implementation” in a statement.

“We’re proud to work alongside the county and our partners to advance a redevelopment that will strengthen Glen Burnie and create lasting community benefit,” Gowan said.