2020-02-26 BDHRA Minutes - Laserfiche WebLink

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commercial industrial. This is the Hilo Iron Works buildings. And so to remind you,this is the land use plan that the BDHRA had come up with after extensive reviews and community involvement. So here, the BDHRA plan calls for Commercial-Industrial in this area. The current zoning is Open. On the left map you can see a lot of this area is currently zoned Open. And then on the map on the right, you see that's land ownership, and of course this is privately owned BDHRA parcels. So it's part of the Banyan Drive Redevelopment district. Here's the LUPAG,which calls for it to be Industrial zoned under the new GP coming out. So it seems to fit in line with what the Banyan Drive had come up with already. Here's just an aerial shot of the area, showing the buildings, and then this is a map taken from the applicants, or the owners information, which you guys have gotten copies of. So I will leave it up to him to lead the discussion from here on. YAMANAKA: Thank you for having me here today. I guess I was just going to start off with maybe a background of why we're requesting a change of zone and what we are hoping the Board can help support us in this. Ultimately,we're looking for some type of, maybe a letter of support moving forward with when we put in our application. So the purpose of the rezoning has been coming up for us because we've been having issues with the property due to the Open zoning. We were given the Open zoning, little background, I believe on page three. After the tsunamis that hit the area,we were under the control of the HRA. And at that point, I believe, and I may be, if I'm wrong on this maybe the County could correct me,but we were Open zoning at that point in time and there was a 35-year term where the HRA would determine the uses allowed at the property. The time has lapsed and the Open zoning,we were reverted back to the Open zoning. So the issues we kind of face are when we're trying to fill spaces at the property,there's a big question mark on what can be done there. With the Open zoning, it's basically parks,uses like that, and so it becomes a big issue for the owners in terms of using the property to its highest and best use. And so, some of the other issues we come across is if the owners ever try to mortgage the property, it becomes a real problem for the lenders. And then that in turn affects when you try to sell the property because,because someone has to come up with cash,basically. And so,part of the reason why we,we need to do the rezoning is we need a way for us to reinvest in the property. We need a way for us to use the property to its highest and best use considering the location within the Banyan Drive boundaries,within being an entry port into Downtown Hilo. We feel like we're not able to maximize the property to its full effect. And so, so that's,that's basically the background of why we,we would like to go for the rezoning. We're choosing MC-X because we feel that is the most suitable zoning for what exists there. It's always kind of been an industrial, light industrial commercial type of use on that property throughout history. So,we feel we're in line with that. And the last General Plan actually recommends certain areas for MC-X, and the Iron Works is listed as one of the areas that they would recommend for MC- X zoning. But I'm open to questions or concerns anyone might have. GADDIS: Go ahead if anyone has any. DELIMA: I move that we approve the recommendationI move that we approve and support the application for Industrial-Commercial Mixed Use. GADDIS: Okay, I'm just gonna clarify. So do you wanna move that we draft a letter of support? DELIMA: Yeah,because we Page 2 of 7 Banyan Drive Hawaii Redevelopment Agency February 26,2020 Minutes