Agenda - 06-03-2008-5b5e - Laserfiche WebLink

Browse Search

NEIG~BOIt~00D DESCRIPTION The specific neighborhood of the proposed Buckhorn Village development is the area around the Intersection of I-85/40 and Buckhorn Road (SR 1114) including the Clearview Subdivision to the east and Bushy Cook Road to the south. The property north of Old West 10 is predominantly zoned EDD, while the remainder is predominantly zoned Rural Residential One (R-1), potentially allowing further residential development in the immediate surrounding area.. Such current zoning would require lot sizes not less than 40,000 SF minimum in size, excluding road right-of--way and other subdivision approval and watershed requirements. The Petro Truck Stop immediately to the west, light industrial buildings on the north side of I-85/40,1arge undeveloped tracts to the south, east and west, small mobile home parks, and a relatively small number of single-family residences characterize the area. It is estimated that approximately 100+ residences and manufactured homes are located within one-half mile of the proposed Buckhorn Village Development. Conclusion The area around the proposed Buckhorn Village Development site was observed to be in an akeady developing part of western Orange County, which is considered consistent . with its proximity to a major east-west Interstate Highway, and is appropriate .far uses such as a major retail, service, office, residential and other mixed-use development. Using Clearview as the most recent fully developed example, there are approximately 30 Single-Family Residences that have been constructed in the general neighborhood area over the last 13+ years. These homes have sold between approximately $94,000 to $173,000 in that time frame. Most of the other homes in the area have been built prior to the Clearview Subdivision Development. Much of the remaining property to the~west, south, and east is currently undeveloped. Properties immediately to the west and north or I-85 have been experiencing significant transition to greater density and intensity for over 10 years, including light manufacturing, distribution, and warehouse uses. It is my opinion that the proposed Buckhorn Village Development is consistent with the overall Economic Development District, while incorporating appropriate development standards and guidelines for the overall project. Therefore, it is my opinion that the proposed Buckhorn Village Development (BVPD-ED/SUP) would have no negative effect (in terms of value or marketability) on the immediate surrounding properties including single-family residences and their respective nearby neighborhoods. Due to the existing non-residential development akeady in the immediate and near- immediate area, the effect of the proposed Buckhorn Village Development will be no different on the surrounding neighborhood than that which would occur if the proposed Buckliorn Village Development were not approved.