The offered property is a portion of Phase 2 and all of Phases 4 & 6 of the Dutton Meadows master planned project. As approved the appropriately 2-4 acres of Phase 2 is medium/low density residential (2 to 13 DU/AC). Phase 4 is approximately 74,000 SF retail and Phase 6 is 2.4 acres medium density residential (8 to 18 DU/AC). Phase 5 of the project has been built out as apartments. Phase 1 and the portion of Phase 2 not included in this offering are being re-entitled for a higher density residential multi-family development. Phase 3 has been purchased by the city and will be developed as a fire station and a library. The city has indicated a willingness to amend the approvals for Phase 4 to significantly reduce the retail component and add high density residential units.