914 Shady Lane Tract 2B is zoned LR-MU, with a height limitation under current neighborhood concession of 40 feet. New City ordinances allows up to 90 feet if affordability is included in the development, dramatically increasing overall yield. The property is located in a Qualified Opportunity Zone. Flood Plain modeling updated with the City of Austin and upon final site plan approval the flood plain will be contained within the engineered waterway of Boggy Creek (drainage area). NRP Group is planning 600+ workforce housing and a school on the Coy Ferrales facility next door. Opportunities to provide commercial services for the new planned development. Condo potential, office, restaurant and/or retail use is permitted.