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<br />o Historic turnover with the in-line tenants <br />e Limited interest in redevelopment on a large scale by the existing ownerships <br /> <br />Development Issues: <br /> <br />e Aging retail center makes it an interesting candidate for mixed use, with ample <br />room for retail, residential, and other civic/commercial uses (which may require a <br />zoning change) <br />e Difficult to accomplish without land assemblage of all of the property owners <br />o Walgreen's is looking to relocate and may vacate the existing store <br />e The City has requested a store upgrade from Safeway for the past three years <br />e Safeway is considering a minor upgrade to the store (interior and exterior) and the <br />addition of fuel on site <br />o If they do decide to proceed, Safeway will request substantial assistance to <br />consider the. upgrades to the existing center <br />o Should Safeway choose to expand or reinvest in their building, it could <br />create additional stability for the remainder of the center <br />o Should Safeway close the store, recruiting another grocery store is highly <br />unlikely due to the ownership clause (by Safeway) restricting grocery <br />sales <br /> <br />3 <br />