The city has advertised for bids for the purchase and development of three tax-foreclosed business lots at the corner of Walnut and Union streets in the Old Hill neighborhood. The combined lots, totaling 25,603 square feet, are across the street from the Mason Wright Retirement Community. The combined lots have an assessed value of $55,100. "We are open to anything that conforms with the zoning, and is compatible with the neighborhood," said Brian Connors, the city's deputy director of economic development. "Over the years, there has been some amount of interest in that property."