PZ - Narrative The City of Meridian would like to include the subject 17.81 acre McFadden property located at
the northwest corner of Cherry Lane and Meridian Road within an Urban Renewal District. To
qualify for the district the subject property needs to be annexed into the City of Meridian.
Kobe LLC is requesting annexation into the City of Meridian. The subject property is requesting
annexation and applying for a CG zone designation with a Development Agreement. Kobe LLC is
proposing a future mixed use neighborhood with commercial out pads located on the arterials
and a combination of residential, office and commercial uses on the interior. It is envisioned that
future individual buildings will be required to submit a detailed development agreement to be
approved by the City prior to construction.