The City is proposing to construct a large stormwater detention vault in the Overlake Village neighborhood near NE 20th Street and 148th Ave NE. This facility will be a regional detention facility that will detain stormwater that has been treated locally within public rights-of-way and private development areas. Once surrounding property develops in the future, park facilities would be constructed on top of the stormwater vault. In the meantime, parking use will continue by the owner of the property. The development of this park would occur in the future with other neighborhood redevelopment.