Wood Village Apartment/Commercial Property-Halsey/I-84 area
Dev. Project: 61 Doors Plus Office Possible/ Take advantage of housing credits to build on this lot!
Marketing description
OPPORTUNITY ZONE! Commercial/Multifamily land, zoned Commercial Misc. See Ticor Title’s developer’s packet in the DD Vault for detailed info. Commercial and Residential Uses are discussed in the zoning. Status: Permits ready to issue when permit fees paid; Urban renewal credits available for permit and SDC costs. City has agreed to defer SDC payments to completion of project.
Note: There is an option available to reduce the apartment count to 55 which would enhance project returns via adoption of new parking code that would eliminate lower parking level.
Investment highlights
OPPORTUNITY ZONE! Commercial/Multifamily land, zoned Commercial Misc. See Ticor Title’s developer’s packet in the DD Vault for detailed info. Commercial and Residential Uses are discussed in the zoning. Status: Permits ready to issue when permit fees paid; Urban renewal credits available for permit and SDC costs. City has agreed to defer SDC payments to completion of project.
Note: There is an option available to reduce the apartment count to 55 which would enhance project returns via adoption of new parking code that would eliminate lower parking level.
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