A planned development is permitted as of right in accordance with the requirements of Subsection 16-15.5 on lands designated as Lots 1, 1.03, 34, 36 and 40 in Block 23 pursuant to a developer's agreement, and the Greenwich Township Fair Share Plan, as submitted to the Council on Affordable Housing. The purpose of this development is to implement the fair share plan and for the Township to accommodate its obligation to provide a realistic opportunity for the creation of low- and moderate-income housing. The development is permitted in the area indicated on the Greenwich Township Zoning Map as the "Planned Development Zone." The PDZ consists of the Affordable Housing District and that portion of the B-2 District designated as within the PDZ on the Greenwich Township Zoning Map.