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5. Project Timetable anti Cost: The applicant intends to proceed with the preparation of <br /> detazled plans within one year. Bxause of the need to address drainage and access issues <br /> and the time to prepare and obtain approval of the plans, construction is estunated at over <br /> $5 mrllion and is anticipated to begin during the latter part of 2001. Partial occupancy <br /> will be possible in early 2002, with an anticipated buildout by 2005. <br /> 6. Supportive Information: (See Ezhibit A -Change of Zone Applicatlon) <br /> STATE AND COUNTY PLANS <br /> 7. SLU: Urban. <br /> 8. GP Consistenry: Economic, Land Use and Commercial elements goals, policies and <br /> courses of action. <br /> 9. GP LUPAG Map: High Density Urban. This designation includes commercial, <br /> multiple residential and related services (general and office commercial; multiple <br /> residential - up to 87 units per acre). <br /> 10. Hilo Community Development Plan (CDP): The Hilo CDP adopted by Resolution in <br /> 1975 by the Planning Commission recommended that the area be maintained as RS-10. <br /> 11. County Zoning: Single Family Residential (RS-10). <br /> 12. SMA: The property is not situated within the Special Management Area. <br /> <br /> p . CArPTrON OF c rnra:CT PROPERTY ivD c AO IN - RFs <br /> 13. Property: The subject properties are located on the southeastern corner of the Pusinako <br /> Street/Kanoelehua Avenue intersection, Puna-side of the Prince Kuhio Shopping Center. <br /> Parcel 14 consists of 3.815 acres, and Parce169 consists of 2.825 acres. Portion of the <br /> site is in a depression, and there is an exrsting dwelling on the site. The dwelling will be <br /> demolished. The majority of the property is overgrown with abandoned sugar cane, <br /> guava trees, gunpowder trees and introduced grass and vines. <br /> 14. Surrounding Zonins/Laed Uses: Surrounding lands are caned RS-10, CN-10, Open <br /> and CG-20. There are residences to the east (Hawaiian Home Lands) and south of the <br /> parcels, with Blockbuster Video and the Prince Kuhio Mall (zoned CG-20) to the <br /> northeast across Pusinako Street and KTA Super Stores and Pizza Hut (zoned CN-10) <br /> across Kanoelehua Avenue to the west. The Hilo Kingdom Hall of Jehovah's Witness on <br /> -2- <br /> <br />