SENIOR LIVING / MEMORY CARE - PERMITTED BY RIGHT This is a 5.23-acre development site where senior living and memory care are supported as a use permitted by right, removing the single largest source of pre-development risk. There is no rezoning, no use variance, and no conditional use hearing standing between site control and design. Convalescent homes, nursing homes, rest homes, homes for the aged, and group care facilities are all expressly enumerated in the PD definition of an Institutional Facility. WHY THIS SITE The ground is level, unencumbered, and shovel-ready, with all utilities at the line. The parcel is bordered on three sides by mature, owner-occupied single family neighborhoods, with commercial pad sites, a gas station, and a coffee shop immediately north. Residents' adult children live in the same trade area - a pattern that supports both occupancy and private-pay rate integrity. DEMAND FUNDAMENTALS 16,255 residents age 65 and older live within five miles today, including 6,396 age 75 and older. The 45 to 64 cohort - the adult children who most often select and fund care - numbers 34,048 within five miles at average household incomes above $203,000. Median household income for the 65 to 74 group within one mile is $111,453. Housing within one mile is 90 percent owner occupied, a meaningful indicator of the home equity available to fund care. The five mile population is projected to grow 10.8 percent by 2031, with Parker and Lone Tree delivering an estimated 3,000 to 3,500 new residences over the next two years. ALTERNATIVE USES The PD's Institutional Facility category also supports medical clinic, hospital, and related health uses. The site's neighborhood commercial character supports retail, professional office, commercial recreation, and a broad range of service businesses, excluding gas stations and auto repair. Additional concepts may be pursued through the Special Review process. This is also a turnkey, shovel ready property for a Church or religious facility - please call listing agent for details. Uses Permitted by Right 1, Commercial retail 2. Commercial services (excluding gas stations, auto service and repair facilities) 3. Commercial recreation 4. Professional offices 5. Printing and publishing offices 6. Radio and television offices 7. Public and quasi-public facilities 8. Public and private membership clubs 9. Institutional facilities 10. Common areas and elements, open space 11. Community information centers and kiosks 12. Temporary construction yards and structures 13. Accessory structures and uses 14. Signage, as provided for in this Development Guide 15. Utilities and appurtenant facilities 16. Roads and parking 17. Drainage and detention facilities Uses Permitted by Special Review 1. Commercial storage areas, screened by solid fence or wall at least six feet in height 2. Caretaker residence 3. Veterinary clinics and hospitals 4. Car care centers 5. Special community events 6. Any other uses consistent with the intent of this section and similar in character to uses permitted in this district