2004-01-16 Western United Life - Laserfiche WebLink

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areas, and the Open zoned area be rezoned to a Project District. The total land area is approximately 170+ acres. The Applicant plans to develop 600 -, up to 600 single family and/or multiple residential units within the area, and I'll refer to the site map that was presented by the Applicant. This particular project is being referred to as the University Terrace project, project district. The Applicant, as I indicated, would be -, is proposing 600 multiple or single family residential units, and these lands would be in this configuration. The yellow shaded areas are areas proposed for single family residential, and the -, single family residential, and the brown shaded areas are areas proposed for multiple residential units. The Applicant also intends to provide up to 150 transient accommodation units, and that would basically consist of approximately 10 acres. Within the pink shaded or orange shaded areas, the Applicant will be providing or will be constructing approximately -, up to 350,000 office or retail commercial spaces. The Applicant will also be providing an open area, and this is the current Alenaio Stream, and if you are familiar with the -, this particular area of Hilo, there is the Alenaio Stream channel that is located in this general configuration. The proposal is to build this project over a period of 10 years. The Applicant intends to commence construction in approximately year 05 and hopefully to complete build out by year 2014. Previously, this particular property received a use permit to allow the development of an 18- a hole golf course formerly referred to as the Ponhawai Golf Course. Since the Applicant intends to do this project district, they are also -, simultaneously requested that the use permit application be nullified, and that is a separate agenda to be heard after this particular request. We have received numerous letters from surrounding property owners, and I'll refer to -. First of all, I'll point out some of the affected subdivisions. One is the Sunrise Ridge Estates Subdivision, which abuts the subject property to the -, I believe this would be the south. And these properties are developed into 10,000 square foot size lots. We had also received a number of correspondences from individuals within the Sunrise Estate Subdivision, and the Sunrise Estate Subdivision is located in this general configuration and consists of one-acre size lots. The concerns that were expressed by those that submitted the letters on this petition cited that the density of the project is great. I believe they indicated that the project would consist of six to 10 acres, 10 units per acre. The Applicant, although not cited in the application itself, did inform the public or the communities that they would be able to -, or they would construct some of the structures up to 10 stories. Some of the applicants, I mean some of the adjoining property owners in their letter expressed concern regarding the additional height being not in 3