Planning Board - 110420 Attachment 1

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6 NELSON MULLINS RILEY & SCARBOROUGH LLP For informational purposes only. Past success does not indicate the likelihood of success in any future legal representation. below). This acreage, combined with the required land use buffers as illustrated on Sheet C6.0 Landscape Buffer Plan, equals a total open space of 40.88 acres (or 38% of the total site area). Significant new internal roads, pedestrian improvements, and off-site traffic improvements are proposed to serve the new development activities and support/improve mobility and assure appropriate access management. These new roadway improvements will ensure acceptable levels of service in the area, redirect traffic, eliminate high speed weaving maneuvers by cars entering and exiting westbound I-40, re- route overhead transmission lines along the Project’s I-40/85 frontage, and provide much needed connectivity from Mt. Willing Road/Turner Road by way of a new street through the Project to connect with the I-85 Connector/US Highway 70, among other improvements. The Project will introduce a regionally significant job creating development to an area of Orange County whose economic potential has been previously underutilized, and which has been identified in the Comprehensive Plan and Efland-Mebane Small Area Plan for creation of job opportunities to area residents. Phase I will include the Buc-ee’s Travel Center, which will generate quality jobs and have the potential to attract valuable interstate commerce to an area that is naturally, and perfectly, situated for interstate commerce, with incredible in and out access to major transportation corridors of I-40/85, while preserving the overall character of the area. The location of the Project, its planned mix of uses consistent with the Comprehensive Plan and the Efland-Mebane Small Area Plan, and the planned transportation/infrastructure improvements offer a unique opportunity to Orange County. Initially, the Buc-ee’s Travel Center constructed in Phase I of the Project will create at least 175 jobs for area residents. These are jobs which will provide a living wage and above, health benefits, and access to a 401(k) plan to an underserved portion of Orange County. Area residents who become part of the Buc- ee’s team don’t require special skills or training. Much more significant than those labels, the folks who become the very core of Buc-ee’s success just need to be friendly, hard-working, and conscientious. Secondly, the direct ad valorem and sale tax revenues generated by the Buc-ee’s alone during Phase I are estimated to exceed $1,000,000.00 per year. Future phases will include a mix of uses such as the light industrial/office flex, a hotel, retail, and restaurant uses. These businesses will create additional jobs for area residents in various fields: opportunities for skilled jobs in the light industrial/office flex settings and management jobs in support of planned hotel, medical, banking, retail and restaurant uses, along with mid-level and entry level positions in these same establishments. These businesses will also generate ad valorem and sales tax revenue. Once fully built- out the Project is estimated to provide annual ad valorem and sale tax revenues of $2,000,000.00, to support delivery of governmental services to citizens of the Efland area and Orange County. We view this Project, and the Conditional Zoning process, as a thoughtful collaboration with local officials to promote purposeful development. A project designed to achieve the goals enumerated within and in a manner consistent with the Comprehensive Plan and Efland-Mebane Small Area Plan while providing economic development opportunities for area residents and at the same time maintaining the character of the overall area and protections to quality of life for nearby residents. SECTION 1-2 EXISTING ZONING, PROJECT SIZE AND LOCATION: Existing Zoning. The Property intended for the development of the Project is currently zoned O/RM (Office/Research and Manufacturing) as generally depicted below. 10