Description

Development opportunity in Guaynabo consisting of approximately 4,636 m² (±1.18 cuerdas), zoned R-5 (high-density residential) and located in FEMA Flood Zone X. AAA water and sewer, AEE electricity, and PRTC telecommunications are available at the site. Located in Barrio Río along the PR-834/PR-1 corridor, near the southern terminus of PR-20, with convenient access to PR-169, PR-199, Bayamón, Río Piedras, Caguas, and the greater San Juan metropolitan area. The property has an extensive prior entitlement and environmental review history, including two approved OGPe Environmental Compliance Determinations (DEA), federal reviews/clearances involving USFWS and the U.S. Army Corps of Engineers, ICP historic no-objection, DRNA Category 6 habitat certification, and municipal no-objections. Two development concepts previously cleared environmental review: a 12-story, 121-unit multifamily project with 210 parking spaces and a 5-story, 77-unit senior residence (égida). IMPORTANT: There are currently no active development permits. Prior permits/approvals were obtained, and the existing studies, determinations, and agency-reviewed documentation may help facilitate a new permitting process. Any future development remains subject to applicable agency review, permitting, and approvals.