Development Concept. In the global economy of today, world-class companies require flexible, efficient workplaces built using modern construction standards and infrastructure. Our Company has a significant experience in the development of successful Free Zones and BP such as Global Park and Xxxx Xxxxxx del Este. Within them, our tenants experience an excellent administration and have greatly contributed with their feedback to the vision and conceptual development of the Coyol FZ.
Development Concept. The Phase 3 Project consists of the renovation and expansion of the historic Ice House building located at 165 S. Rock Island. The existing three-story structure will be expanded from a 27,000 square feet warehouse into a 40,000 square foot class A office and retail building, inclusive of a new 13,000 square feet, three story addition. This redevelopment and new construction will create a need for parking and site improvements to existing public and privately-owned streets, publicly and privately owned/maintained utilities, sidewalk improvements and landscaping to accommodate urban core density. These improvements will increase pedestrian activity and improve the walkability along Xxxxxxx Avenue, Rock Island Avenue and Xxxx Street. 600809.20023\DEVELOPMENT AGREEMENT-UNION STATION TIF PH 3 v.7 600809.20023\DEVELOPMENT AGREEMENT-UNION STATION TIF PH 3 v.7 Rock Island Corridor Improvements The scope of work for the Rock Island Corridor Improvements includes only the following Public Plans: Paving and Incidental Drainage Improvements to serve Ice House Rock Island 2nd Addition 000 X. Xxxx Xxxxxx, Xxxx xx Xxxxxxx, Xxxxxx Project Number 290 PPP Request No.: Date: , 20 Pursuant to the Development Agreement effective as of , 2019 (the “Agreement”) for the Union Station Redevelopment District the Project Area 3 Project Plan between the City of Wichita, Kansas and the undersigned (the “Developer”), the Developer requests a reimbursement of Tax Increment Funds and hereby states and certifies as follows to the best of its knowledge:
Development Concept. The Project consists of site and building improvements to the Grand Hotel, the Rock Island Depot Building, the Rock Island Baggage Building and the Plaza in front of the Main Terminal Building. Site improvements consist of planters, site lighting, landscaping, irrigation, and street furniture amenities. Utility upgrades will also be realized. The buildings will provide a mix of office and retail use, subject to market conditions and recognizing that uses may be modified as development and leasing progresses. That part of the XX0/0 xx Xxx. 00, X00X, X0X of the 6th P.M., Sedgwick County, Kansas, described as beginning at the northwest corner of Xxx 0, Xxxxx Xxxxxxx Xxxxxxxx, Xxxxxxx, Xxxxxxxx Xxxxxx, Xxxxxx; thence N0°05’00”W along the extended west line of said Lot 1, 114.00 feet to the North Right of way of Xxxxxxx Avenue; thence N89°56’00”E along said north right of way, 580.61 feet to the East Right of Way of Rock Island; thence S00°00’00”W, along said east Right of Way, 114.00 feet to the South Right of Way of Xxxxxxx Avenue; thence continuing S00°00’00”W, along said east Right of Way, 170.72 feet; thence S89°56’00”W, 185.00 feet; thence S00°00’00”W, 276.30 feet; thence S89°56’W, 3.22 feet; thence S00°02’21”E, 162.89 feet; thence S89°52’30”W, 17.79 feet; thence S00°00’00”W, 174.09 feet to a point of curvature of a curve to the right, said curve having a radius of 165.00 feet and an arc length of 58.13 feet; chord bearing S10°05’32”W, 57.83 feet; thence along said curve, 58.13 feet to a point of reverse curve of a curve to the left, said curve having a radius of 260.00 feet and an arc length of 49.94 feet; thence along said curve, 49.94 feet; thence S89°22’00”W, 57.02 feet; thence S68°20’30”W, 171.05 feet; thence S00°00’00”W, 253.92 feet; thence S83°50’48”W, 101.63 feet; thence N09°45’00”W, 36.96 feet; to a point of curvature of a curve to the right, said curve having a radius of 1883.87 feet and an arc length of 317.84 feet; chord bearing N04°55’00”W, 317.46 feet; thence along said curve, 317.84 feet to a point of tangency; thence N0°05’00”W, 864.61 feet to the point of beginning. That part of the XX0/0 xx Xxx. 00, X00X, X0X of the 6th P.M., Sedgwick County, Kansas, described as beginning at the northeast corner of Xxx 0, Xxxxx Xxxxxxx Xxxxxxxx, Xxxxxxx, Xxxxxxxx Xxxxxx, Xxxxxx; thence S00°00’00”W along the east line of said Lot 3, 170.72 feet; thence S89°56’00”W, 125.00 feet; thence S00°00’00”W, 138.00 feet; thence S90°00’00”W, 192.20 feet; thence N00°...
Development Concept. The Xxxxxxxx Commons PUD provides for single-family detached residential development and townhomes that protect the moderate-density and transitional character of the Xxxxxxx Street area. The Property will be subdivided into a maximum of sixty-three (63) single- family, detached dwelling units and one hundred seventy-eight (178) townhomes, with buffers that ensure the project is compatible with the surrounding, existing neighborhoods. All single- family and townhome lots will be privately owned.
Development Concept. The Petitioner intends to develop the Petitioner’s Parcels into a mixed use commercial and residential Project, to contain approximately 143 single family, detached, residential units, approximately 58 single family, attached, residential townhome units, and approximately 32,000 square feet of commercial/retail floor area, to be integrated into a mixed-use Project in accordance with the Town of La Plata Zoning Ordinance, and associated site improvements (the “Project”). The Petitioner’s Parcels shall be developed in a manner that is substantially similar to the development conceptually depicted and described on the concept plan entitled “Conceptual Plan”, prepared by Xxxxxxx, Xxxxx and Gunnill dated December, 2020, attached hereto, and made a part hereof, as Exhibit E (the “Conceptual Site Plan”). The Conceptual Site Plan, the residential unit count set forth above, and the commercial square footage area set forth above shall be the basis for a Master Site Development Plan (the “MSDP”), established for the Project in accordance with the Town of La Plata Zoning Ordinance for the mixed-use zone in which the Project is located in the event that the annexation is approved. The MSDP shall be prepared, submitted to the Town, reviewed, and processed in accordance with the Town’s Zoning Ordinance and the policies and procedures of the Town. Through the MSDP approval and/or amendment/modification process, as set forth in the Town’s Zoning Ordinance, the Petitioner and the Town shall expressly have the right to implement, clarify, amend, modify, design and finalize the Conceptual Site Plan, layout, configuration and other elements of design and implementation of the Project and the residential and commercial improvements to be built thereon, and, without limitation to the foregoing, it is intended that the MSDP shall control the aspects of design and implementation of the Project, as the Project is conceptually described in this Agreement.
Development Concept. MP intends to develop the MP Parcel into a fee simple townhome community consisting of approximately 27 townhomes and associated site improvements (the “the Project”). As and when the Petitioner proceeds with the Project, TtThe MP Parcel shall be developed in a manner that is substantially similar to the development conceptually depicted and described on The Townhomes of Potomac Square Concept Plan 14 prepared by Xxxxxx Engineering, Inc., dated October, 2013, attached hereto, and made a part hereof, as Exhibit D (the “Site Plan”).
Development Concept. Note that, in addition to the following standards, the Project will be required to meet certain sustainability requirements more fully set forth in Section 5.23.
Development Concept. The property was originally part of the Royal Oaks 2 planned development. This Development Agreement has been drafted to sever the 3 property from the Royal Oaks planned development and amend and restate the 4 entitlements for the property with a new planned development agreement known as The 5 Reserve at Victoria PD. The property shall be developed as a PD substantially in 6 accordance with the Planned Development Plan. The Planned Development Plan shall 7 govern the development of the property as a PD and shall regulate the future land use of 8 this parcel.
Development Concept. The negotiations hereunder shall be based on a development concept which shall include the development of the Property in accordance with a development concept containing specific development features, including reserved public rights, public improvements, and the design and architecture of a development project.
6.1 The Developer shall prepare, at its sole cost and expense, and submit to Conservancy for review and approval, a draft development proposal (the “Development Concept”) by , for Conservancy staff review. In the event the Developer fails to submit or resubmit the required documents to Conservancy within the time agreed upon, Conservancy may, at its option, terminate this Agreement by written notice to the Developer and neither party shall have any further rights against or liability to the other under this Agreement. Development Concept shall include the following: • Design Program • Estimated Project Sources and Uses • Development and Operating Pro Forma • Preliminary Development Schedule • Market Study(ies), as needed The primary objective of the Development Concept is to present a clearly defined, feasible development project and to present it in a form that result in the Conservancy’s understanding and approval. The Design Concept shall define the most appropriate use of the Property. The Design Concept shall establish the general scope and conceptual design of the development of the Property, illustrating the scale and relationship of the Property to the Area Plan and adjacent components. The Design Concept shall include, but not be limited to, the public plaza, City’s Greenbelt, stream environment zone protections and restoration, deed restricted public open space areas, transit stop and related amenities, planned number of residential units, a workforce housing agreement with a local employer(s), number of parking spaces, and square footage of retail space. The Design Concept documents, consistent with the standards in the Request for Proposals, shall include a site plan, building plans with elevations and sections, a perspective sketch of the elevation and a statistical summary of the design area including, but not limited to, floor areas, unit floor plans, common areas, parking areas, and unit mixes and types. Preliminary selections of major building systems and construction materials shall be set forth in the Design Concept. The Design Concept shall also note code references (seismic, UBC, City, etc.) and any significant variance theret...
Development Concept. Respondents must include a detailed narrative description of their development concept to build and operate an International Marathon Center that meets the Program Description described in Section 2, above, and clearly identifies significant benefits to the Town and its residents.
