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,� 3/17/2006 The common open space that will be available to the public is the large pedestrian plaza located south of the hotel. This area will accommodate out door seating for the restaurant and a gathering place within the planned business park. Its location adjacent to the primary business park entrance (Twin Lakes Parkway) will enhance the vitality of the business park and create an identifiable "grand" entrance to the business park. General location of non-residential land uses: All of the proposed uses are non-residential. The attached Site Plan provides location of the hotel and restaurant. The proposed hotel Floor Area Ratio (FAR) and restaurant on the attached plan is .68. This is less than the City allowed .75 FAR. The Open space is 42,628 square feet or 35% of the site area. This is more than the 25% required by City Code. Staging Time Schedule of Development: Construction is planned to start within 4 months of Final PUD and Building permit approval. It is estimated that construction will take 12 months with a Hotel opening at the end of this period. Impact on Traffic: "The Twin Lakes AUAR traffic analysis evaluated a"worst case" scenario that included retail development east of Fairview Avenue and medical office/hospital land uses west of Fairview Avenue. Traffic generation totaling approximately 73,000 daily trips with 7,200 p.m. peak trips was used in the AUAR traffic analysis5. The approved concept with minor alignment modification in the Approved PUD " assumes Twin Lakes Parkway would be constructed as in the AUAR: "a continuous roadway connecting Cleveland Ave to Snelling Avenue". Daily volumes on the parkway would range from 7,500 to 11,200 vehicles per day. Of this traffic an estimate, 2,000 vehicles per day would be considered "through" trips using the parkway for its entirety between Snelling Ave and the Cleveland Ave"6. The new study represents a substantial decrease in traffic using Twin Lakes Parkway from the previous study. The 143-room hotel and restaurant generates about 1,560 vehicle trips per day'. The Office/ Retail/ Restaurant complex proposed in the existing PUD would generate approximately 1476 vehicle trips per days. 5 SRF Traffic Review Memorandum June 23, 2004 6 SRF Traffic Review Memorandum June 23, 2004 ' ITE Trip Generation Manual 8 ITE Trip Generation Manual 7