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<br />5 <br /> <br />indicated a willingness to take a lead in extending the necessary utilities to serve the project consistent <br />with County and Town agreements. Their request, however, only involves two of the parcels that were <br />part of the MPD-CZ for Settlers Point as approved by the County in 2018. <br /> <br />The request currently under review does not involve the eight parcels east of Old NC Highway 86 zoned <br />MPD-CZ (i.e. District 2 of Settlers Point). Staff has assumed responsibility for addressing the zoning of <br />these parcels. This proposal was reviewed at the Planning Board’s August 5, 2020 meeting where the <br />Board voted unanimously to recommend approval to the Board of County Commissioners (BOCC). <br /> <br />If the current MPD-CZ application (i.e. RTLP) is not approved, development can move forward consistent <br />with the existing MPD-CZ (i.e. Settlers Point). If the current application under review is approved, the <br />previous proposal approved in 2018 (i.e. the Settlers Point MPD-CZ) is simply rescinded. <br /> <br />2.5 How does the RTLP project compare with the previously approved Settle rs Point MPD-CZ? <br />The following chart compares and contrasts the proposed RTLP MPD-CZ with the Settlers Point MPD-CZ, <br />approved in January 2018. In addition, the chart compares the Settlers Point MPD-CZ and the proposed <br />RTLP MPD-CZ with the initial zoning of the site, Economic Development Hillsborough Research and <br />Manufacturing (EDH-5) District. <br /> <br /> Settlers Point (Approved) RTLP (Proposed) EDH-5 Zoning <br />Project Size <br />195 acres (8,494,200 sq. ft.) as <br />follows: <br />- District 1: 149 acres (+/-) <br />- District 2: 46 acres (+/-) <br />161 acres (7,013,160 sq. ft.) of <br />property N/A <br />Floor Area Ratio (FAR) – <br />the maximum floor area <br />permitted for each <br />square foot of land area <br />- District 1: 1,248,000 sq. ft. of <br />building area – roughly 8,375 sq. <br />ft. of floor area per acre <br />- District 2: 261,800 sq. ft. of <br />building area – roughly 5,700 sq. <br />ft. of floor area per acre <br />2,250,000 sq. ft. of building area <br />proposed – roughly 14,000 sq. <br />ft. of floor area per acre <br />0.65 or 28,314 sq. ft. of <br />floor area per acre of <br />property <br /> <br />Minimum Required Open <br />Space 81.6 acres (30% of project) 1 41 acres (25% of project) <br />Minimum Open Space <br />Ratio of 0.40 or 17,424 <br />sq. ft. of open space <br />area per acre of <br />property2 <br />Minimum Required <br />Pedestrian/Landscape <br />Ratio <br />Pedestrian paths developed <br />throughout the project – <br />required landscaping part of <br />open space <br />Pedestrian paths developed <br />throughout the project – <br />required landscaping part of <br />open space <br />0.05 or 2,178 sq. ft. of <br />pedestrian access <br />and/or landscaped area <br />per acre of property <br />Maximum Allowable <br />Height 60 ft. 11 60 ft. <br />40 ft. (additional height <br />allowed with increased <br />front and side yard <br />setbacks – up to 60 ft.) <br />Stormwater <br />Project approval indicated <br />compliance with applicable <br />County standards detailed in <br />Section 6.14 of the UDO. This <br />would include compliance with <br />nutrient reduction standards <br />Applicant indicates Project will <br />comply with applicably County <br />standards detailed in Section <br />6.14 of the UDO. This would <br />include compliance with <br />nutrient reduction standards <br />Compliance with UDO <br />required <br />555