Development Potential Under Evaluation

As part of the early predevelopment and due-diligence process for Norwood Studios Live & Work, applicable land-use and development standards are being evaluated to better understand the site’s potential development capacity.

This evaluation includes Floor Area Ratio (FAR) and other requirements that may influence building intensity, height, density, site configuration, and overall development potential.

The current two-story concept is preliminary and represents only one possible redevelopment approach. Nothing has been approved.

No final building height, density, unit count, site plan, development program, entitlement, permit, financing structure, or construction plan has been established.

Any future change in building height, density, unit count, or configuration will depend on professional planning and technical analysis, site constraints, financial feasibility, applicable development standards, and required governmental review.

TTC Trust is the Property Owner. TheGreen Spot LLC provides Property & Project Management, and Thipalom serves as Project Manager for TTC Trust during the current predevelopment and due-diligence stage.

No development team has been formally selected.