2. SITE OVERVIEW - Property Location: 51-251-041-00 Lowe Street, Allegan, MI - Size: 2.15 acres (approx. 1304.7 sq ft) +/- - Ownership: City of Allegan - Zoning: R-3 Residential Multiple-Family Dwelling Units - Proximity: Walking distance to neighborhoods, dining, and parks - Utilities: All major utilities available at site boundaries - Probable soil contamination 3. DEVELOPMENT OBJECTIVES The City is seeking housing proposals for the Property that: - Increase housing supply for all income levels - Support a vibrant community and attract new residents 4. PREFERRED DEVELOPMENT FEATURES While the City is open to creative and market-driven proposals, ideal submissions may include: - Mixed-income housing - Medium-density design: 2–3 stories with appropriate neighborhood scale - Open space incorporated into the site plan - Integration of parking - Affordable or workforce housing units encouraged - Green building principles (LEED, Energy Star, or similar certification