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Appendix "A" Vero Estate LLC's Proposed Text Amendment Future Land Use Element Policy 5.6: By 2011, Indian River County shall adopt development regulations allowing mixed use PDs, in residentially -designated areas. All mixed use PDs in residentially designated areas shall meet all of the following criteria. Development Parameters 1. The maximum project area for a mixed use PD in a residential area shall be 40 acres. Mixed use projects exceeding 40 acres shall be designed as Traditional Neighborhood Design (TND) developments and shall comply with Future Land Use Element Policies 18.1, 18.2, and 18.3. 2. Mixed use PDs shall be limited to areas designated L-1, L-2, M-1, and M-2 and shall be located along SR 60, US 1, Indian River Blvd., 58`" Avenue, CR 510 (west of the Indian River Lagoon), CR 512, or Oslo Road. Alternatively, mixed use PDs in M-1 and M-2 designated areas may be located on sites that are adjacent to C/I nodes. Mix of Uses 3. To ensure that mixed use PDs contain an appropriate mix of residential and commercial uses, commercial uses shall be allowed to constitute no more than 2=025% of a project's land area yr: L 1 a T ,, 2 desig,me ,meas andno than o 4. The vertical mixing of uses is allowed and strongly .encouraged. Where residential and/or office uses are designed and located above commercial uses, the amount of commercial area may constitute up to 2330% of the project's land area it L 1 and L 2 designated meas and up to 30,07/o' 5. For purposes of these mixed use regulations, commercial area shall include buildings, parking areas, and adjacent improvements that serve commercial uses. Open space areas and common areas/improvements that are shared with residential uses, however, shall not be treated as commercial area. 6. Commercial uses allowed in mixed-use PDs shall be limited to lodging, institutional, office, retail (including fuel salesl, personal service, and restauran t uses. 7. Within mixed use PDs, the Floor Area Ratio (FAR) for commercial uses shall be applied to the commercial area. For the commercial area, the maximum FAR shall be 0.35.