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<br />l'mING CHANGE ~ST <br />al\TCERNING CXlRNER OF FAIRVrNr PARKWAY <br />and UNDElMXD KW> <br /> <br />The location and existing land uses on this property indicate that <br />its development should be in three tracts as shown on the attached plat: <br /> <br />DEVEIDHVlENI' A: <br /> <br />General commercial corner of Fainnont Parkway and Underwood. Nine <br />(9) acres with approximately 360 feet of frontage on Underwood Road and <br />approximately 600 feet of frontage on Fainnont Parkway. <br /> <br />UNDEm\UD AND FAIIM:NI' PARKWAY - MAJOR aMV1ERCIAL INI'ERCHANJE: <br />The expansion of Underwood Road to 4 lanes will create the traffic <br />flow along Underwood Road which will establish the corner of Underwood <br />and Fainnont Parkway as a major interchange. The eventual extension of <br />Underwood to the south as shown on the Houston-Galveston Regional <br />Transportation System map attached hereto further increases the <br />commercial potential of the corner. <br /> <br />RECXM\1ENI}\TIOO OF LAND PLANNER - GENERAL aMV1ERCIAL: <br />According to Architect/Land Planner Calvin Powi tzky of PBR <br />Archi teets, Inc. the highest and best use of Developnent A is for a <br />general retai I shopping center wi th an anchor tenant of a major food <br />store, drug store, or general merchandise store and smaller general <br />retai I tenants. Thus, the zoning for the tract should be General <br />Coomercial. <br /> <br />IAYUJr OF POOr08ED GENERAL RKrAIL CENTER: <br />The layout of the proposed general retail center would be in a L <br />shape located on Development A with wings of retail stores extending to <br />the west toward Underwood and to the south toward Fainnont Parkway. The <br />parking areas serving the proposed center would be located in front of <br />the retail stores. <br /> <br />EXHIBIT C <br />