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The proposed development contains a large commercial <br />component of 80,000 square feet of leasable retail, service, and <br />restaurant area. This volume of commercial space complements <br />the residents, visitors, and employees working and living on and <br />around the project site. <br />The 80,000 square feet of leasable commercial area is among the <br />largest commercial components proposed in recent mixed -use <br />developments. For comparison, the Elan project (1660 East First <br />Street) approved in 2018 contains 603 residential units and 20,000 <br />square feet of commercial space; the First American <br />redevelopment (114 East Fifth Street) approved in 2019 contains <br />220 residential units and 12,350 square feet of commercial space, <br />and The Heritage (2001 East Dyer Road), which is under <br />construction nearby, contains 1,221 residential units and 18,400 <br />square feet of net new commercial square footage. <br />The mixture of land uses on the project site, including residential, <br />commercial, and open space, will contribute to the formation a <br />dynamic mixed -use village. The commercial and open space <br />components will serve both residents and visitors of the project <br />site, as well as the large daytime employee population working in <br />the project site's immediate vicinity. <br />(5) Ensuring that the public benefits derived from expenditures of public <br />funds for improvements and beautification of streets and public facilities <br />shall be protected by exercise of reasonable controls over the character <br />and design of private buildings, structures and open spaces. <br />The mixed -use development will utilize existing water, sewer, and <br />drainage infrastructure and will not result in the expansion of <br />infrastructure. In addition, the Project will not result in the <br />expansion of new or altered police or fire facilities. The Project <br />will be subject to utility user tax, property taxes based on the <br />valuation of the new construction and management company <br />business taxes. The building facades and new landscaping are <br />designed to deter graffiti, existing sidewalks will be removed and <br />replaced with new sidewalks that are constructed to current City <br />standards, new street lights will be installed and the City's <br />Building Security Ordinance will be implemented which includes <br />security and crime preventing measures to help reduce City <br />expenditures on public services and maintenance. In addition, <br />the development will be subject to all required development <br />impact fees. <br />Ordinance No. NS-XXXX <br />Page 6 <br />11 D-8 <br />