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As a result, two separate areas are currently feasible for redevelopment in the study area. The <br /> first is located on the southwest side of Highway 10 on the southeast quadrant of Silver Lake <br /> Road and Highway 10, and the second is located on the northwest corner of Eastwood Road and <br /> Highway 10. <br /> In regard to the former, it is our opinion that this large contiguous land area can be divided into <br /> three different sections because of its physical characteristics and the TJB Homebuilders <br /> structure. The first is a large parcel of land which stretches from the southeast corner of Silver <br /> Lake Road and Highway 10 to the edge of the wetland area and the TJB Homebuilders property. <br /> The second is the wetland area itself, and the third is the small site fronting Highway 10 which is <br /> directly southeast of TJB Homebuilders. (See the land area breakdown and the 65Subject Area <br /> Vacant Land Sites - Suggested" chart on pages 18 and 19.) <br /> From all of the above information and analyses, and considering the physical, political, <br /> environmental and socioeconomic factors affecting the subject area, it is evident the larger tract <br /> of land in the southeast corner of Silver Lake Road and Highway 10 has a highest and best use <br /> which is oriented for some type of mixed-use development that may include one or more of the <br /> following: 1) some type of more intensive commercial development, located in <br /> southeast corner of Silver Lake Road and Highway 10, maximizing the exposure and excellent <br /> access to this site; 2) a low-rise office and/or medical/professional building that would be <br /> oriented for either a single tenant or multiple tenants; 3) some type of destination-cider d: <br /> commercial service facility (or facilities) such as light auto repair, a mortuary, a bank, enc.; and <br /> 4) a higher density residential project or partially- or fully-assisted senior housing complex. Not <br /> all of these uses could be built on this property because the site isn't large enough, but a <br /> combination of two or three is definitely possible. We need to stress the most piece of <br /> undeveloped land in the entire study area is the immediate southeast corner of Silver Lake Road <br /> and Highway 10. This part of the subject site should be oriented for commercial business that <br /> relies on "impulse" traffic, rather than destination-oriented traffic. <br /> Due to the inability to build on or around the wetland area, we suggest this part of the subject <br /> property to be some type of public park or be incorporated into a private development as an <br /> amenity feature. We also suggest making walking trails around this area a;.d creatin <br /> park or picnic area which would benefit the existing senior housing facility and the surrounding <br /> residential property on the west side of the subject area. <br /> The third vacant site on the southwest side of Highway 10 is found on the southeast side of the <br /> TJB Homebuilders property. We have been told this site does have buildable soils, and a portion <br /> of the wetland area could be used as green space and setback area for any development of this <br /> small parcel. However, the uses of this site are limited because of its smaller size. While many <br /> traffic-intensive commercial sites (such as a fast food restaurant or a gas station) do not need a <br /> very large structure, other site requirements such as parking or drive-through facilities dictate the <br /> need for a larger site size than this parcel offers. As a result, this small site is best suited for a <br /> smaller office building like the TJB Homebuilders structure next door, or a light auto repair <br /> facility that creates much less traffic and requires much less parking. Access to this parcel is also <br /> an issue, and it would most likely have to come directly off Highway 10 from the southbound • <br /> lanes only. <br />