Development Opportunity including Development Rights and Plans

Investment Overview

Vacant parcel at the "Y" intersection including development rights; Parcel already has an approved flexible design format project by the City of SLT and TRPA for a mixed-used building or builder can design their own project, current plans include 7,604 sf total (Retail/restaurant 1st floor; Office 2nd floor; deluxe apartments 3rd floor); Additionally a small accent building housing and art studio and a loft apartment; Building is general purpose and designed for a certified Green Building. Property has TVAP CFA coverage = 6,170 sf with bonus of 1,434 banked CFA. As well as 1212 sf of Offsite Coverage

Investment Highlights

• Located in the Tahoe Valley Area Plan
• Developer able to use current plans or design their own
• Approved flexible design format project
• 1,434 sf banked CFA
• 6,170 sf bonus CFA
• 18,633 sf of Coverage (Banked and Paid for, no TRPA new Coverage fees)
• 45’ Height Restriction
• TRPA Class 7 land rating
• Grandfathered Caltrans Encroachement