Cooley Rd - Caraway Master Planned Project - Sites

The property is located in the Caraway Master Planned Development project area, at Bend's regionally significant, northern gateway. Geographically unparalleled and strategically positioned in an area of high growth, this land is like no other in Bend and Central Oregon. Favorable location traits, including superb accessibility from the Central Oregon region, visible prominence, proximity to Gateway North, including a new Costco store, and other value add characteristics signal distinct marketplace advantages and bolstered economic prospects that underpin property development prospects.
This project can be described as an approximately 150-acre master plan community, including: 337 lots for single-unit homes; 68 lots for townhomes; a minimum of 3 lots for mixed use development that will accommodate a minimum of 192 multi-unity homes, of which at least 77 units will be affordable housing units; two lots zoned for commercial development; a minimum of 2 lots zoned for light industrial development; and multiple open space tracts.
The project may be purchased substantially in whole or in part, including non-residential lots/sites for commercial, mixed-use or light industrial development and residential acreage for production/high volume home building. Each non-residential lot is contemplated as a stand-alone phase, under the approved phased subdivision plan. Final plat must be obtained prior to closing on any phase or portion of the project area and all property will be subject to a development and cost sharing agreement, as established.
This is an outstanding opportunity for users seeking sites and developers seeking near or long term projects in Bend and Central Oregon. With the land use entitlements in place, orderly development and construction can occur with administrative receipt of final plat.

Additional information is available and may be subject to a confidentiality agreement.