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HomeMy WebLinkAboutLetter from Christopher Penland THORNTON OLIVER KELLER COMMERCIAL REAL ESTATE £Xpe"i&16e R:t:!~/h. RECEIVED JAN :ì ] 2006 January 16,2006 Meridian City Cmmcil 33 East Idaho Avenue Meridian, Idaho 83642 City of Meridian City Clerk Office RE: Northeast Corner of Us tick & Linder Roads: Meridian Comprehensive Plan Amendment To Whom It May Concern: This letter is in support of an amendment to Meridian's Comprehensive Plan for the conversion of medium density residential zoning to mixed use community at the northeast comer of U stick and Linder Roads. As a broker for Thornton Oliver Keller Commercial Real Estate, I have worked extensively on both small and large scale developments in Meridian and throughout the Treasure Valley. This site has generated significantly more interest than any other project I am involved with by far. Surprisingly, the most common inquiry was not fi:om tenants, but rather, citizens asking what types of businesses are going to open. These questions were almost always followed by a request for a restaurant, ice cream shop, or some other use that would provide solutions to the local neighborhood without having to fight Eagle Road. This high interest level is truly fascinating in the context of other projects in the area. The Treasure Valley Marketplace, a 100 acre site in Nampa with tenants such as Costco and Target, has not generated even one-half of the inquiries of the intersection of Us tick and Linder Roads. People are intrigued with the potential development and desire the amenities and convenience afforded by the conversion to mixed use community zoning. Functionally, the site will be challenged as a residential location regardless of density. A buffer of mixed use community will benefit North Meridian inhabitants by insulating residential areas and people from the traffic and noise ofthe intersection. Thank you very much for your time and consideration. Sincerely THORNTON OLNER KELLER ~QM Christopher Penland Brokerage Services Brokerage - Management 250 South Fifth Street, Second Floor Boise, Idaho 83702 Phone 208-3784600 Fax 208~947~O869 www.tokre.com ~ ..-....... IREM . ~ ~ A ChainLinks, O:mpanv ~"'~,_. . w Individual Members Individual Mcmbcrs