This piece of land is an exceptionally unique development opportunity. The city of Buena Park has given special approval to build high density apartments on the land. There are two conceptual plans that have been drawn up and both are approved by the city. The first one is for a 40 unit building with 30 parking spaces. This project was designed with intent to be senior independent living facility although it does not have to be. The project is requesting an 20% density bonus for providing 13% of the base density number of units as very low income. The other conceptual plan is for a 62 unit complex with 33 parking spaces. The project is requesting an 80% density bonus for providing 15% of the base density number of units as very low income (6 units) and 9% of the base density number of units as moderate income (4 units).