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Page 6 February 19, 1990 The current M-1, land use designation permits up to eight dwelling units per acre. Assuming the density provisions were maximized, the current development potential of the 156 acre parcel would be 1248 units. The development potential for commercial property is not as easily determined; however, assuming development at the maximum allowed in the CG district, the site would permit a building envelope of 2,718,000 square feet (400). This maximum lot coverage would be reduced to ensure the necessary parking, loading, access, open space and drainage requirements are met. The DRI, as proposed by the DeBartolo Corporationi, includes slightly over 1.1 million square feet of commercial development. Since the subject parcel is the proposed site for a regional shopping facility and because of the scope of such a facility, a DRI review is being conducted along with the land use and rezoning amendment analysis. The DRI Application for Development Approval (ADA) and the staff review of the application will address the potential impacts of the proposed project as well as site specific issues and required improvements. Commercial Land Use Needs In analyzing the request for the land use change and rezoning, staff has focused on several key issues. One issue is regional mall land availability. The Urban Land Institute estimates that shopping centers require about 10 acres of site for each .100,000 square feet of building- area. Since regional malls are usually 750,000 square feet or larger, a regional mall would therefore require a site of at least 75 acres. Site requirements, of course, are also influenced by local land development and site plan regulations that determine the required parking, loading, circulation, open space and drainage areas needed to support this size shopping facility. Using this standard, the subject parcel would be adequate for a regional shopping facility. According to the Future Land Use Element of the Comprehensive Plan, there are 679 acres designated as commercial in 12 existing commercial nodes. Of this total, 44% (305 acres) is presently vacant. This does not include commercially designated land in the U.S. 1 Commercial/Industrial Corridor or commercial/Industrial nodes. Overall, approximately 50% of the 5363 acres in all commercial and industrial nodes is presently zoned commercial. It must be pointed out that this supply is designated for a 20 year period. General commercial land is also available in the SR 60/Kings Highway node. The subject node contains 160 acres and is zoned CL and CG. Land uses within the node are as follows: Vacant land - 58 acres; Agriculture - 40 acres; Residential --37 acres; and Commercial - 25 acres. The 40 acres devoted to citrus are unlikely to be developed commercially in the near future, since much of it has been recently planted. In addition, the residential areas are largely grouped and buffered from existing commercial uses, raising questions concerning the likelihood of their conversion to commercial uses in the near future. Furthermore, while no formal proposal has been submitted, staff has been approached concerning the option for residential development on the south side of S.R. 60, between 58th and 43rd Avenues. Thus, while this node has a relatively large amount of land capable of development, all of the land in the node is not likely to be developed commercially. Further review of commercially designated lands reveals that, other than the large commercial/industrial nodes located along the interstate, only one node contains an adequate supply of vacant land (over 75 acres) which is also in a configuration suitable 45 r BOOK �� F.1 E -13W 9 J