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27 The proposed Watermark PUD master planned residential development is consistent with the goals and policies of the comprehensive plan in regards to resource management, land use, housing, transportation and utilities. The development upholds the City’s public values by creating a multi-functional open space greenway corridor integrated with the stormwater conveyance system, wetland management and trails. Watermark is consistent with mixed-use land and density requirements and provides a variety of market driven housing products that support life-cycle housing. Safe transportation corridors and public utilities also serve the development. (b) The proposed use is or will be compatible with present and future land uses of the area. The proposed Watermark development is compatible with the present and future land uses of the area. Existing and future land use to the west is residential. Existing and future land use to the south is commercial. This area will be accessible via pedestrian corridors to support mixed use development. Existing land use to the north is rural residential and guided post-2030 for urban reserve. (c) The proposed use conforms with all performance standards contained herein. The proposed Watermark development conforms with all PUD performance standards as outlined in Section 1007.024(2) General Requirements and Standards: 1. Ownership. Mattamy Partnership Inc. is the sole owner of the property. 2. Comprehensive Plan Consistency. The proposed PUD shall be consistent with the City Comprehensive Plan. The proposed Watermark PUD master planned residential development is consistent with the goals and policies of the comprehensive plan in regards to resource management, land use, housing, transportation and utilities. The development upholds the City’s public values by creating a multi-functional open space greenway corridor integrated with the stormwater conveyance system, wetland management and trails. Watermark is consistent with mixed-use land and density requirements and provides a variety of market driven housing products that support life-cycle housing. Safe transportation corridors and public utilities also serve the development. 3. Public or Common Open Space. Open space makes up 39% of the Watermark development with 67 acres of wetlands, lakes and storm ponds and 77 acres of parks and open space. A master plan of the 5 acre public park includes pickle ball and basketball courts, playground equipment, picnic area, open space and an overlook. An extensive park trail system is also proposed throughout the greenway corridor and along CSAH 54.