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CBRE Property Listing 11 <br />ADMIN/PLANNING <br />Concept Map <br />PID(S): 063225140009 <br />Description <br />Phase one listing. This property is 14.22 acres in size, with about 6.75 acres of usable/sellable space (outlot needs to be <br />created), is located on the south side of the intersection of 167 Ave and Highway 14 and was acquired by the City for the <br />placement of a water tower. This property is ready to sell. The City recently adopted a policy guiding City involvement <br />with the future development of the 167/47 area (see attached) —there is a struggling retail node located just north of <br />this site. There is a very nice regional park located just SW of this site. The access to this park (Elmcrest Park) is located <br />just west of this site, and is planned to be shifted onto City owned property when this site is replatted. A small shed is <br />located on this site (can be demolished). <br />NOTE: a major land owner to the east has shown interest in this property for a large residential development (combine <br />with others). <br />Environmental Assessment <br />222 <br />Soil Borings <br />227 <br />Clean Title <br />This property is unrestricted and can be sold. <br />