Property Highlights – Location: Southwest corner of 27th and Highland (first major intersection entering Redmond from the west on Hwy 126/Highland Ave) – Zoning: R5 (allows high-density residential) – Original approvals: plan for mixed-use buildings with commercial on the first floor and two floors of multifamily – Current approvals: three single-floor commercial buildings totaling 12,000 sq ft; one building includes a drive-through – Future pad: approved building pad for an additional 4,000 sq ft – Parking: plan includes 76 parking spaces – Site condition: flat, shovel-ready lot with utilities on site – Nearby: West Redmond Area Plan (WRAP), a 440-acre planned commercial and residential development on Highland