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This PUD site covers 47.6 acres and is bounded by I35W to the West, County Rd D to the north, Cleveland Avenue to the east and The City/ MNDot ponding ordinance to the south. Nearly three quarters of this Business Park PUD- 421,526 sq. ft.- has been developed in the last two years and is occupied. The undeveloped areas lie south of Lydia Avenue. The proposed Veritas project site is the southernmost section of the PUD site and is a 15.6-acre parcel south of Lydia Avenue and Centre Pointe Drive. The development status of the various development components of the Centre Point Business Park PUD sites is summarized below. Building Use Status Square footage C.P.B.P. Phase 2 Building A & B built 101,850 Ehlers and Associates built 18,425 Veritas software built 62,420 C.P.B.P. Phase 1 Building A & B built 25,749 Builders Association built 16,205 Office Building built 12,512 Fairfield Hotel built 37,739 Marriott Hotel Built 75,391 Proposed office Undeveloped 9,810 Proposed restaurant Undeveloped 6,000 Proposed Veritas Building 1 142,500 Proposed Veritas Building 2 55,500 Proposed Veritas building 3 55,500 Total Proposed Veritas 253,500 Total S.F. proposed and permitted by 619,600 the PUD PROJECT DESCRIPTION The proposed Veritas development proposal consists of three buildings totaling 253,500 sq. ft. The buildings will include one (1) five story building and two (2), two-story buildings. Veritas would solely use these towers for their professional offices. The project would meet and exceed the existing PUD development standards with a superior building design and building materials and a high quality site design that takes advantage of the parcel's distinctive natural amenities. The site has been designed so that the proposed buildings are clustered near the southern property line to offer views of the wetland areas south of the site. Access to the property is provided from Centre Pointe Drive and Cleveland Avenue. The buildings are arranged around a drop-off area that will provide a sense of arrival and announce the entrances to the buildings. Landscaped green areas are provided around the buildings to provide a naturalistic setting.