Fully Entitled Development Site in Sun Valley - RTI Delivery or Cleared Vacant Land With Alternative Redevelopment Potential (Buyers Option) - Approved 136-Unit Mixed-Use Affordable Housing Project
APPROVED AFFORDABLE HOUSING PROJECT WITH GROUND - FLOOR COMMERCIAL COMPONENT & MINISTERIAL APPROVAL S SECURED
Approved mixed-use development site for 136 residential units (including one manager’s unit) with ground-floor commercial space. Ministerial approvals have been secured through the Transit Oriented Communities (TOC) program and Executive Directive 1 (ED-1), significantly reducing entitlement risk and development timelines.
Seller will deliver Ready-to-Issue (RTI) permits at Buyer’s option, enabling immediate construction. Alternatively, the property may be acquired as cleared vacant land for alternative redevelopment (Buyer to verify).
All approved residential units are subject to a 55-year affordability covenant. Demolition of existing improvements has been completed and the site will be delivered cleared.
Fully entitled | Demolition complete — site cleared | Seller will deliver RTI permits at Buyer’s option | Alternative redevelopment potential (Buyer to verify)