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4 <br /> <br />• 10 parcels of property, <br />• 195 acres of land south of Interstate 40, <br />• FUTURE LAND USE DESIGNATION: Economic Development Transition, <br />• GROWTH MANAGEMENT SYSTEM: Urban Designated <br />Orange County / Town of Hillsborough Joint Planning Land Use Plan Designates the area: <br />• Employment: Light / general industrial, office, research/development, support services <br />uses including restaurants, retail, etc. <br />• Neighborhood: Retail (goods and services), high density residential, etc. <br />• Suburban Office: Office / employment (do not necessarily rely on walk-in customers), <br />etc. <br /> <br />DEVELOPMENT DISTRICT(S): <br />• District 1 - Industrial/Manufacturing and Research, <br />• Located west of Old NC 86 and south of Interstate 40 , <br />• Accessed via an existing road named Service Road <br />• Intended to provide for light industrial/manufacturing and research operations. <br />• Properties comprising district are Located in an Economic Development Transition land <br />use category. <br />• District 2 - Commercial, <br />• Located east of Old NC Highway 86 and south of Interstate 40, <br />• Accessed via Old NC Highway 86, <br />• Intended to provide for light office, retail, service operations (i.e. hotel, restaurant, etc.) <br />• Properties comprising district are located in an Economic Development Transition land <br />use category. <br /> <br />Conditions: <br />• Applicant has recommended the imposition of several conditions controlling development <br />within project; <br />• Must be mutually agreed to by Applicant and Elected officials (as previously detailed). <br />• Staff and Planning Board have recommended imposition of additional conditions on the <br />project. <br />o NOTE: Applicant has agreed to majority of conditions. Has identified <br />some concerns and requested modification. Refer to Attachment 5. <br /> <br />Conditions – Examples: <br />• Approval of the Project does not constitute a guarantee utility services (i.e. water and <br />sewer) shall be provided and/or extended by the Town of Hillsborough. <br />• UTILITIES: <br />o Comply with Section 6.20 of the UDO, <br />o Development within the Project shall only be served by public water and <br />sewer, <br />o Utility connection(s) shall comply with applicable Town of Hillsborough <br />standards. <br />o Extension of utilities to District 2 shall be reviewed and approved by the <br />Town of Hillsborough prior to development. <br />• Site Plan(s) <br />o Site Plan Review per Section 2.5 of the UDO required for all projects, <br />o All submittals will require completion of an Environmental Assessment and <br />a Transportation Impact Analysis (TIA), <br />o All submittals required to document existing and proposed impervious <br />surface area as well as building/open space ratios within the Project. <br />o Documentation denoting anticipated daily water and sewer needs for <br />proposed land uses. <br />35