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Consultant flags Pendleton Capital parcel and former Big Lots site as redevelopment opportunity
Summary
Ben said Pendleton Capital owns the largest contiguous parcel in the corridor and that the former Big Lots building has been vacant for years — both are focal points for potential redevelopment in the draft plan's core area.
Ben identified the core study parcel and said the property owner, Pendleton Capital, controls roughly 8.5–12 acres in the corridor and that the project team worked with the owner on conceptual massings. He noted the former Big Lots store has been vacant for a couple of years and highlighted that parcel assemblage will be central to making larger redevelopment projects feasible.
Ben emphasized that the city does not own these parcels and that any public desires would need to be negotiated with property owners and developers; he said the renderings reflect discussions with the property owner's architect and are conceptual rather than final development proposals.
