Located within the Walnut Creek Downtown Specific Plan area, the property is currently zoned for Commercial Mixed-Use (MU-C). This zoning allows for a mixed-use residential development up to 85 feet in height, with a maximum density of 111 residential units considering the state density bonus of 75%. LCA Architects has provided the included yield studies and renderings, illustrating the potential to develop a 110-unit apartment complex with Type III construction providing 118 on-site, above-grade parking spaces. Situated in the heart of Downtown Walnut Creek, the property is directly across from Civic Park and the Walnut Creek Library, and is just two blocks from the Lesher Center for the Arts. The site, located at the prominent intersection of N. Broadway and N. Civic Drive, boasts ±300 feet of frontage on Civic Drive, overlooking Civic Park—a beautiful setting that hosts events like the annual Holiday Ice Rink and Memorial Day celebrations, to name a few. Additionally, the property features ±200 feet of frontage on N. Broadway. 1700 N. Broadway is within a short walk (0.6 miles) to BART and just four blocks, or an 11-minute walk through the historic downtown core, to Broadway Plaza, Walnut Creek’s renowned shopping and arts scene. In addition, the property is located just 1.5 miles from John Muir Medical Center and 0.9 miles from Kaiser Hospital. Walnut Creek, California, with a median income in 2024 exceeding $134,925, ranks among the top 10 richest retirement towns in America. It has been voted the best shopping destination in San Francisco’s East Bay, featuring more than 200 boutiques and classic retail stores.