The Planning Board may modify all side and rear yard and/or setback requirements for nonresidential uses in the PO, PI, and LO Districts, except where abutting a residential district. All such uses shall conform to the buffer requirements of this chapter. In the case of a planned building development in a PI or LO District, which development is intended or designed to be served by means of an industrial service road, the Planning Board may also modify the lot area, lot width, front yard, street frontage and all setback requirements but to an extent no greater than 50% of the minimum requirements. In such instances, the following requirements shall apply:
(1) The front yard and setback depth shall be established from a street line designated as such on an approved site development plan or subdivision plat.
(2) Buildings shall be so located and arranged that all have adequate access for emergency vehicles.
(3) Restrictive covenants may be imposed on the site based on the approved site development plan or subdivision plat enforceable by all tenants, owners or lessees of such development.