The Warehouse/Light Industrial Redevelopment project shall be conceived, designed, subdivided, site planned and approved by the Township as a single entity according to a comprehensive phased site development plan.

The project site plan shall include a phasing plan which shall be reviewed and approved as part of the site plan process. The phasing plan shall indicate the approximate date(s) when construction of the redevelopment project and the phases thereof will be initiated and completed.

Subdivisions within the Redevelopment Area for purposes of financing, leasing and ownership shall be permitted, and shall not create setback requirements between such interior lots.