Agenda - 08-24-1992 - Laserfiche WebLink

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if is ro in in tent with the recommendations of the Master Recreation and Parks Plan. This plan also identifies the need for two new public golf courses in the local area.) In addition, sites will be provided here for a "green box" recycling center and for a fire and rescue facility. In the village center, sites will be reserved for churches, a community center, a daycare center and other community facilities. With respect to another County goal, the provision of affordable housing, Uni- versity Station, by virtue of the fact that it will be a complete community, will provide housing across the complete spectrum of the market, including small apartments and townhouses, larger condominium elevator flats, a retirement center for elderly residents, modest houses on small lots, and larger houses on larger lots. There will be modest apartments above shops on the square, and other garage apartments and "granny flats" associated with houses in the vil- lage center. Ideally, people who work in the village will live in the village, and the needs of the residents will be largely satisfied by shops and other facilities found there, thus reducing the need for off-site auto trips and commuting. 4 4 CHANGING CONDITIONS: Density: The planning behind University Station has proceeded in the context of the 3 work done by the Rural Character Study Committee and generally, but not to- tally, satisfies the requirements projected in recent drafts of committee mate- rial. But it is important to note that the land use as illustrated in the Preliminary 4 Site Plan represents at a minimum what is realistically required to interest a de- veloper in assuming the considerable risk inherent in a large development. A higher land cost, a lower density, a processing delay or a higher projected de- velopment cost would render the project infeasible. But as now projected the project is feasible, and an investor /developer is ready to proceed upon receiv- 4 ing site approval. Timing is very important here: land options are in place, but the various land- owners will not be able to continue to commit their land to this use if the pro- ject does-not proceed now. There is a window of opportunity open just now: i the land is assembled, the planning answers current needs in the County, the investor /developer /planning/marketing team is in place. But all of these factors will not remain aligned if the project is not able to proceed with some dispatch, and the opportunity to build University Station will be lost. 9 11