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Phase II <br /> Phase II would expand development centered around the University Village Town <br /> Center and construction would commence within two years of receipt of all <br /> necessary development permits and be completed within five years of the <br /> commencement date. <br /> • Up to 200 residential units, <br /> • 10 acres of unimproved public park conveyed to the County, <br /> • Extension of Road 2 (University Drive) from about 1,000 feet mauka and <br /> 1,500 feet makai of Road 3A(Ane Keohokalole Highway). <br /> Phase III <br /> Phase III would mainly be constructed between Queen Ka`ahumanu Highway and <br /> Road 3A/Main Street(Ane Keohokalole Highway). Upon completion of Phase <br /> III, the public will be able to drive from Queen Ka`ahumanu Highway to the <br /> UHWH campus through the Palamanui property. Construction would commence <br /> upon completion of Phase II, or possibly earlier depending on market conditions, <br /> and be completed within five years of the commencement date. <br /> • Business Park, <br /> • Up to 50 residential units (for a total of 500 residential units at the end of <br /> Phase III), <br /> • Up to 30,000 square feet of commercial space in the University Village <br /> Town Center, <br /> • Up to 60 hotel rooms (for a total of 120 hotel rooms at the end of Phase <br /> 111), <br /> • A second wastewater treatment plant, <br /> • Signalized intersection at Queen Kaahumanu Highway and Road 2 <br /> (University Drive), <br /> • Signalized intersection at Ka`iminani Drive and Road 3A(Ane <br /> Keohokalole Highway). <br /> -4- <br />