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10,000 square feet to 33,000 square feet. These 20 lots will be offered for sale at market <br /> rates. <br /> According to the applicant, the purpose for the requested PUD permit is to promote the <br /> development of a single-family residential development that is more neighborhood- <br /> friendly and consistent with the rural character prevalent throughout the Honoka`a town <br /> area. Another primary purpose for the requested PUD permit is to facilitate the design of <br /> this proposed residential community across two separate properties that are bisected by a <br /> meandering public road(Lehua Street) with unique topographic conditions that is not <br /> conducive to the typical platting of lots that you would normally find on sites with more <br /> moderate grades and not constrained by an existing road. Finally, both the downzoning <br /> from RS-10 to RS-15 and PUD will allow the applicant to defray infrastructure costs <br /> associated with typical subdivision design in order to ensure that 50% of the proposed <br /> lots would be offered at affordable rates to prospective buyers. <br /> 3. Project Timetable and Cost: If the entitlement requests are approved, the applicant <br /> plans to submit a subdivision application by the end of 2022, with anticipated completion <br /> of the subdivision for both Villages within five(5) years, by the end of 2027. The <br /> applicant anticipates the project will cost approximately$3 million to $4 million. <br /> 4. Landowners: Lehua Village Partners, LLC. <br /> 5. Supportive Information: The applicant has submitted the attached in support of the <br /> request (Planning Department Exhibit 1 & 2—Change of Zone Application & <br /> Planned Unit Development Application) <br /> STATE, COUNTY & COMMUNITY PLANS <br /> 6. State Land Use District: Urban. <br /> 7. General Plan LUPAG Map Designation: Parcel 10 (Lehua Villages 2) is split between <br /> a Low Density Urban and a Medium Density Urban designation and Parcel 136 (Lehua <br /> Villages 1) is fully designated Medium Density Urban by the General Plan LUPAG map. <br /> The Low Density Urban designation allows residential use, with ancillary community and <br /> public uses, and neighborhood and convenience-type commercial uses; overall residential <br /> -5- <br />