Option 2: Full Commercial Build-Out

For Option 2, the land would be sold as a multi-mixed use development and built across roughly 40± acres, with businesses already permitted under the Declaration — no amendment required. The developer would choose a tenant mix currently allowed under the Declaration of Restrictions, such as (but not limited to): chain restaurants, discount retail stores, 24-hour fitness centers, pet supply store, a local bank, an independent pharmacy, physical therapy clinic, an eye clinic, nail salon, hair salon, massage clinic, coffee shop, and dry cleaners.

The following examples are provided solely to illustrate the types of neighborhood commercial businesses that may be considered under the current Declaration of Restrictions. This list is not intended to represent committed tenants or an exhaustive list of permitted uses.

THE HIGHLIGHTS:
The full ~40 acres developed — the land would be sold as a multi-mixed-use development of over ~100,000 square feet and built across the entire parcel, with no portion set aside as green space.

• No neighborhood approval needed — every use is already permitted under the Declaration of Restrictions, so the developer can proceed without any amendment or vote.

• 20+ separate tenants — a mix of retailers, restaurants, and service businesses rather than a single anchor.

• A rotating tenant mix — the lineup is chosen by the developer and can change over time as businesses come and go.