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r 1 Despite attempts to find a landowner with both sufficient property in one of the large nodes adjacent to the interstate and interest in developing an industrial park, that effort has been unsuccessful. The Council of 100's Industrial Park subcommittee, however, has identified a landowner with property adjacent to the I-95/S.R. 60 commercial/industrial node and within the urban service area. Although the referenced property is currently designated M-1, Medium -Density Residential, on the county's future land use map, the property owner is interested in developing the land for an industrial park. Because of the county comprehensive plan's significant overallocation of commercial/industrial land, property located outside of a commercial/industrial node would generally be considered unsuitable for development of an industrial park. It is, however, possible to expand a node to include property adjacent to the node, if an amount of land equal to that being added to the node is removed from a node. In that way, there will be no overall increase in the amount of commercial/industrial designated land in the county.. Recent events provide an opportunity to remove 36.21 acres from the Oslo Road/74th Avenue node. By reducing the size of that node, a comparable -amount of acreage would be available to expand the I- 95/S.R. 60 node to accommodate the proposed industrial park property. The Oslo Road/74th Avenue node property that could be removed from the node is the Streetman property that was recently acquired by the county. That property is depicted on the attached map. Because that land was purchased for expansion of the landfill, the Streetman property, like the remainder of the landfill property, should be redesignated public on the county's future land use map. As such, the property would then be removed from the node. With this reduction in the size of the Oslo Road/74th Avenue node, the opportunity would then exist to expand the I-95/S.R. 60 node by a comparable amount. To initiate this process, the Board of County Commissioners, as the owner of the Streetman property, must authorize staff to submit a comprehensive plan amendment for the subject property. As part of the amendment to redesignate the county property, the Board may also authorize staff to include redesignation of the proposed industrial park property. In doing so, the Board would ensure that the property owner of the industrial park property would not incur any comprehensive plan amendment review fee costs. ANALYSIS For the county to meet its economic development objectives, it is necessary to establish an industrial park in the county. While OEDP policy 2.2 commits the county to work with a developer to establish an industrial park, there are limited, low cost actions which county government can take to get a park built. With recent utility line extensions, the county has provided necessary infrastructure to accommodate industrial development. Now the opportunity exists for the county to make land use plan changes to assist a landowner in developing an industrial park. JANUARY 24, 1995 44 Bou 94 P,�,UJ75