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Planning and Zoning Commission Minutes <br />December 18, 1997 <br /> <br />Page 16 <br /> <br />Roads. It has bccn shown in their detail how they propose to <br />landscape that buffer where there is no existing vegetation. Mr. <br />Rankin he would Hke to-note in closing is that having eight <br />property owners who are willing to work together to offer 500 <br />acres as a unified development rather than as a hodgepodge is a <br />window of opportunity that is seldom open and will close if this <br />opportunity is not taken advantage of. This plan and this location <br />are all things that will allow Mr. Ewing to market to the most <br />desirable users who can come to our community and contribute to <br />our tax base and community. This is the type of plan they put <br />together and that is the rational behind it. <br /> <br />Mr. Starnes asked Mr. Rankin how he proposes to handle the traffic <br />for a development like this? <br /> <br />Mr. Rankin said there a couple of things regarding the traffic. <br />International Business Park was first started in 1984, currently <br />phase I is developed, Sysco has come in and taken a large portion <br />that was phase II. There are about 250 acres left, that was from <br />1984 to 1997, that is a fairly slow incremental pace of development. <br />He said he thinks you could expect the same type of pace of this <br />property. 1) the impact from developing this industrially will be <br />felt over a much longer period of time allowing the road network <br />around it to respond and be upgraded to what it needs to be prior <br />to this being built out. 2) the number of 55,000 trips a day has been <br />tossed around. That 55,000 trips a day is based on 55 lots being <br />developed at 100,000 square feet buildings on every lot. Mr. <br />Rankin said we are talking about a long period of time. He said <br />the traffic is going to come regardless of how this is developed, it <br />will be developed regardless of whether this is rezoned or not <br />there will be traffic to deal with on Derita and Poplar Tent Road. <br />Mr. Rankin said if this is rezoned to industrial, he feels like that <br />impact will occur over a longer period of time because it will take <br />longer to build this out industrially than it would residentially. <br /> <br />Mr. Curtis Beal, a Vice President of First Union National Bank, <br />addressed the Board stating First Union is serving in a fiduciary <br />capacity. First Union was the executor of the William Van Avery <br />Estate, he is now deceased, and presently they are serving as <br /> <br /> <br />