The subject property offers a developer the ability to capitalize on the fast-growing success of Happy Valley. With a broadly flexible MUE zoning designation, various uses could be appropriate for the site to complement the surrounding educational and recreation uses.
The property totals approximately 9.76 gross acres. Allowed uses include general retail, office, restaurant, low density multifamily (24 units/net acre max) and senior housing.
A future public street extension of SE Parklane Drive is anticipated to be required by the City. Infrastructure is readily available to the site. A wetland determination has been performed which has resulted in approximately 1.22 acre of the eastern portion of the property undevelopable (Buyer to confirm).