468 N Memorial Drive - Patko Parcel

Property is zoned Campus and ready for development depending on location and size. Ability to create your own sized parcel. Current zoning is Campus with Master plan under review due to pending City Park department project estimated at $30,000,000 for state of the art athletic sports facility and park on 248 acres adjacent. Hwy 49 & Burlington Beach is a fully lighted intersection and in the path of the next growth spurt. Medical facility is immediately West and same owner has additional 31.48 acres available and 42.18 further South in the same corridor that is available under separate listings. Memorial Drive is being extended along the entire East property line to create direct access to Vale Park Road,the entry to Lakes of Valparaiso eliminating the need to go back to Hwy 49. The South end has frontage along Hwy 49 & Vale Park Rd. A roundabout on Vale Park Rd allows another access point to Hwy 49 and you can continue South to Evans Avenue for a 3rd connecting East / West street to the City of Valparaiso. This corridor is poised to be the center of development for the next several years as the City project will change the scope of the Hwy 49 corridor and benefit all of NW IN. Subject to approval we have the ability to create the size parcel needed. There is proposed medical expansion at the existing medical facility and with the completion of the remaining infrastructure and Memorial Extension this property will be an actively growing development. For more information on the City Park project the following link has an article from October 2022:
https://www.nwitimes.com/news/local/porter/valparaiso/valparaiso-unveils-plans-for-30-million-sports-and-recreation-campus/article_04579664-b50e-561b-899f-f52e39cb6b11.html
Please see 2 separate listings for the 31.48 acre site and the 42.18 acre site for a total of up to 80+ acres