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107 <br /> In accordance with Section 2.2 Applications of the Unified Development Ordinance <br /> (UDO), staff began a sufficiency review of the submittal that was deemed complete and <br /> formally accepted for review on August 12, 2020. <br /> The applicant spoke generally about the project using a PowerPoint presentation. A <br /> copy of the presentation is attached hereto as Exhibit A. The applicant began by <br /> orienting the attendees to the property location, explaining the existing and proposed <br /> zoning districts and discussing the Comprehensive Plan. The applicant discussed the <br /> detailed uses permitted in each development pod identified by numbers 1-6 using the <br /> Master Plan Land Use Plan Map C2.1. The traffic impact analysis and planned road <br /> improvements, including the elimination of exit 160 per NCDOT, were discussed. The <br /> landscape plan and open space areas where also discussed. Finally, the applicant <br /> discussed job creation (especially for low barrier to entry jobs that pay a living wage), <br /> sales taxes and the ad valorem taxes expected from the planned Buc-ee's and the <br /> larger commercial development. At full build out, the project is expected to generate in <br /> excess of $2,000,000 per year in taxes. The meeting was then opened to questions <br /> from attendees which are discussed in detail below. <br /> The following summary of the proposed project is provided by Planning Staff based <br /> upon the initial project submittal as follows: <br /> 1. Project involves 104 acres (4,530,240 sq.ft.) of property; <br /> 2. The project will observe a floor area ratio of 0.65 (28,314 sq.ft. of allowable <br /> building area per acre (43,560 sq.ft.) of property) with a maximum potential of <br /> over 2,900,000 sq. Ft. of anticipated building area, although the applicant <br /> indicated that they intended to impose a limit of 500,000 sq. ft. of maximum <br /> building area; <br /> 3. There will be approximately 30 acres (30%) of open space, although applicant <br /> noted in that there would be a total of 40 acres (38%) of open space when <br /> including maintained buffer area and indicated the submittal would be updated to <br /> confirm this figure; <br /> 4. Setbacks from various property lines would be as follows: <br />