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BPalammui.do 6/23/09 COUNTY OF HAWAII PLANNING DEPARTMENT BACKGROUND REPORT PALAMANUI GLOBAL HOLDINGS LLC CHANGE OF ZONE APPLICATION (REZ 09-94) PALAMANUI GLOBAL HOLDINGS LLC has submitted an application for a Change of Zone from Project District (PD) to Industrial-Commercial Mixed 20,000 square feet (MCX- 20) for 29.92 acres of land. The property is part of the proposed Palamanui development located northeast of the Kona International Airport at Keahole, between the Queen Ka` ahumanu Highway and Makalei Estates Subdivision, Kau, North Kona, Hawaii, TMK: 7-2-5: Por. of 1. PROPOSED ACTION 1. Request: Change of Zone for approximately 29.92 acres from Project District (PD) to Industrial-Commercial Mixed 20,000 square feet (MCX-20). (Planning Department Exhibit 1 - Change of Zone Application) 2. Background: The 29.92-acre area requested for the change of zone is a portion of an approximately 70-acre area titled "Palamanui Business Park' under the Project District designation. The applicant requests the change of zone to MCX to allow for wholesaling and distribution uses which the Project District zoning does not permit. The 29.92-acre area is proposed to be subdivided into approximately 35t lots ranging in size from 20,000 to 62,000 square feet to sell or develop into uses permitted under the MCX zoning. The applicant anticipates developing distribution and wholesaling uses, as well as retail and office uses on the site. A mix of buildings from 5,000 square feet to 40,000 square feet is anticipated. The cost of the initial improvements is estimated at approximately $3 million. Individual projects on the lots will be constructed in the future at a rate of approximately $4-5 million each year. The Palamanui Business Park is anticipated to accommodate approximately 75-95 businesses. Parking will be provided on the individual lots. Palamanui, the master developer, will provide subdivision improvements including curb, gutter, sidewalks and ATTACH: Carm. 494 Bill 136