1.03 million sq. ft. of Industrial Use Proposed on 123 Acres to Meet Demand

1.03 million sq. ft. of industrial use called Princeton Oaks might be coming to a 123 acre vacant parcel including wetland, zoned Residential Low Intensity generally north of W.D. Judge Road, west of N. John Young Parkway and south of W. New Hampshire Street might be coming if Jim Hall of VHB's (Website) application to assign the Industrial future land use designation, amend the existing Planned Development zoning and a detailed master plan application for both phases is approved at the August 18th Municipal Planning Board hearing.

VHB determined that additional industrial land is needed in this submarket to meet demands:
  1. Industrial vacancy rate in this submarket is 7% and continuing to drop
  2. City inventory is 42.1 million square feet of industrial use in 2013
  3. Projected demand in the next 25 years in the City is 11.7 million additional square feet of industrial use for a total of 53.8 million square thereby justifying the need for additional industrial land.
  4. Industrial properties in this area of town average 19 years in age

Wetlands are found on the property, but they're crappy:
  1. Onsite wetlands are of low quality due to the history of onsite and regional hydrologic impacts.
  2. Through logging and/or hydrologic changes (draining from ditches onsite and the nearby Fairvilla Canal), the areas of Cypress sloughs and/or domes have transitioned into a mix of hardwood species with occasional cypress. 
  3. Many snags and dead/dying trees were observed along the margins of these communities due to the receding hydrologic regime on the property. 
Hardly any animals to find either:
  1. Two Potentially Occupied gopher tortoise burrow on the property
  2. No indications of bald eagle activity (including nests or preferential nesting trees) 
  3. No other protected wildlife species concerns were observed 
Approximately half of the upland is either devoid of tree cover or has sporadic canopy. Patches of saw palmetto were also scattered throughout. This area was primarily utilized as improved pasture (as a result of the interior ditching and Fairvilla Canal along the property boundaries).
The Zoning District for this parcel is PD/W (Planned Development/Wekiva Overlay) and No City Zoning. Future Land Use Classification – Residential Low Intensity.

The proposed project consists of a two phase industrial park:
  1. Phase I is programmed for 61.6 acres with approximately 481,000 square feet 
  2. Phase II programmed for 61.6 acres with approximately 548,000 square feet. 
The proposed site also includes dedication of Right of Way to the City for the extension of Brengle Road to the west of the Property.

The property was annexed into the City in 2005 from Orange County. At the time, the property’s Orange County Future Land Use category was Industrial and this area had a conceptual City Future Land Use as Industrial.

In 2005, along with the annexation, the City designated the property Residential Low Intensity. In 2006, the City approved the rezoning of the property from Orange County Industrial to City Planned Development.

This GMP Future Land Use Map Amendment application request is to change from Residential Low to Industrial and amend the existing Planned Development to allow a two phase industrial park as described above.