A Bend development group wants to build a 20-lot subdivision southeast of Central Oregon Community College, reviving another developer’s proposal that stalled when the economy tanked in 2008.

The new group, Green Intentions LLC, filed a subdivision application with the city in mid-March, detailing a plan to convert 5.4 acres of vacant land off Northwest College Way into 20 single-family home lots connected by a new street and two new cul-de-sacs.

The property starts on the east side of College Way, between Saginaw Avenue and Portland Avenue, extending nearly to Quincy Avenue.

Green Intentions development partner Jim Guild declined on Monday to comment on specifics, saying the group could announce its plans this summer.

“We’re still trying to formulate our marketing strategy,” Guild said.

But the plan is making its way through the city development process. Blueprints filed by the developers show a new road on the south side of Saginaw across from Cascade View Drive. It ends in two cul-de-sacs, before reaching Portland Avenue, according to the plans.

And a public comment period for neighborhood residents runs through Monday, Bend Senior Planner Aaron Henson said. City planners could give the project the go-ahead shortly after.

The proposal “is nearly identical to an application that was filed (in 2006),” Henson said. “There shouldn’t be too many, if any, surprises.”

The previous owner planned to turn the land into a subdivision, city planning documents show, getting as far as preliminary grading on the new road and installing sewage infrastructure, before the real estate market crashed in 2008 and the developer’s plan approval lapsed.

That group, CHC Development LLC, paid $1 million for the parcel in 2005, Deschutes County property records show. The group sued the city in 2008 over stormwater flooding issues.The case was closed in 2009, and the group lost the land to foreclosure in 2010, state and county records show.

The Green Intentions group bought it out of foreclosure last year for $825,000.

Four dry wells that are already installed along one of the proposed cul-de-sacs are designed to catch stormwater and prevent the site from flooding during heavy rain, planning documents show.

The company’s project is one of several in the last year that could change the landscape on College Way south of COCC in the coming years. Bend developer John Gilbert in November bought a partially developed, 3-acre site just across College Way from the Green Intentions land.