The subject property (Tract 2 of 2) consists of 1.215 acres of undeveloped land located near the NWC of Pearland Parkway and Magnolia Parkway, at the main entrance of Pearland Park Estates, a development consisting of 135 single-family homes. The sites are surrounded by multiple high density single-family developments. Pearland has experienced a development boom and is surrounded by major retailers, restaurants, grocers, and national and local businesses. Pearland Parkway is a major thoroughfare of Pearland touting roughly 18,000 to 33,000 cars per day in areas. The intersection of Pearland Parkway and Broadway St. has become a major retail and business corridor in recent years. *NEW* CITY OF PEARLAND CAPS TREE MITIGATION AT 4% OF DEVELOPMENT COSTS.