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Planning Committee of the Hawaii County Council <br /> OCTOBER 5, 2004 <br /> University Terrace is the first master planned mix use community in Hilo in over 30 <br /> years. The project is designed to create a community that is pedestrian friendly with residences <br /> in close proximity of employment and services. The proposed project site conforms to the <br /> General Plan Land Use Pattern Allocation Guide (LUPAG) Map which designates the property <br /> as medium density and urban expansion area. The Urban Expansion Area designation allows for <br /> a mix of high density, medium density, low density, industrial and/or open designations in areas <br /> where new settlements may be desirable. There are presently 5 existing pazcels which are zoned <br /> RS 7.5, RS 10, Ag 1, Neighborhood commercial - 40,000 sq. ft. and Open. Under present <br /> zoning approximately 160 homes and approximately 100,000 sq. ft. of commercial space could <br /> be built. <br /> The Planning Commission at its duly held public hearing on February 6, 2004, reviewed <br /> and acted on this application recommending an approval of the application. The Planning <br /> Commission conditioned its recommendation by limiting the project district to 172 acres, a <br /> maximum number 750 residential units which includes a maximum of 150 transient <br /> accommodation (short term rental) units and a maximum of 350,000 sq. ft. of commercial space. <br /> University Terrace, the project, is planned as a mixed use community incorporating <br /> design concepts intended to promote a more livable and pedestrian friendly community that will <br /> support and enhance the growth of the educational complex centered around the University of <br /> <br /> Hawaii at Hilo. The educational complex, University of Hawaii at Hilo, University Technical <br /> 1 Comm. No. L <br /> Ref. To: Pretentsd p~i <br /> Ref. Uate (1('T S 7nnn <br /> <br />