Agenda - 08-24-1992 - Laserfiche WebLink

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• a wide variety of housing types - from large single - family homes, to an elderly center, to apartments, • a park site to be donated to Orange County • a future light rail depot site. The community (as currently planned) would contain 1,110 housing units and 216 apartment /condominium units for a total of 1,326 housing units. The community would have an overall density of 2.11 units per gross acre - roughly the equivalent of R -2 zoning in density. At buildout - projected to occur in or around the year 2003 - the population of the community could be projected to range from 2,500 persons to 3,200 persons. While the "neo- traditional" community proposed by the applicants is new to Orange County, there are other similar projects both nationally and in this state. Perhaps the best known project in the Triangle of this type is Fearrington Village, a planned community in northern Chatham County. Other similar communities are Lake Park Village, in Indian Trail just east of Charlotte; and a community in suburban Washington - The Rentlands in suburban Maryland. The following chart compares the density and open space of these communities to the proposed University Station project. COWWNITY' ::: '? .: '; (; MN:SITT: . 0J? SpACS RRIN(71SDN.'': :: 1.45 25% Llil'PARiC:. 1.96 To Be charloCtei NC ::::::::. Provided 4.51 To Be Gaithersburg Provided UNIVERSITY 2.14 548 STATION Orange Co:;: 3. A "Hi har- Dennit " Alternative. If the amendment for "Ten -Year Transition" is approved, the property could. be developed for residential purposes in a manner other than the applicant's current proposal. The applicants have stated emphatically that they do not intend to present any alternative plans to this end. Different residential zoning categories from two to 13 units per acre can be requested by the applicant or future applicants within "Ten -Year Transition". While R--13 zoning could be requested for the 13