The offering includes an existing commercial building that was previously approved for demolition, though those approvals have since expired. Prior plans submitted an 8-story, 235-unit multifamily residential development, creating a repositioning opportunity for a new development consistent with current land use policy and zoning allowances. Given its prime boulevard frontage, established development momentum, and adjacency to key regional destinations, the property represents a compelling opportunity to deliver new residential product within a rapidly transforming urban environment.