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(a) Off-street parking. The off-street parking required by article 59-E shall be provided on land which is in the I-1 zone unless provided through a joint use agreement.
(b) Development above three stories. In order to encourage planned development of employment centers, to preserve open space within such developments, and generally to enhance the environment of large employment centers, the height limit in this zone may be increased to 10 stories or 120 feet; provided, that the applicable approved and adopted master plan does not indicate that large employment centers are unsuitable for the applicable site; and provided further that the following site development standards and site plan review procedure shall be in effect. Development in accordance with this subsection shall be subject to all of the requirements of the I-1 zone except as specifically modified herein.
(1) Height limit. No building shall exceed 10 stories or 120 feet in height.
(2) Green area. In addition to the minimum green area required in section 59-C-5.32, green area shall be provided in an amount not less than 5 percent of the net lot area for each story over 3 stories. Where more than one building is constructed on a lot or tract, the amount of additional green area shall be not less than 5 percent of the net lot area multiplied by the ratio of the gross floor area (excluding the first 3 floors) to the area of the lot covered by buildings (excluding structures of 3 stories or less).
(3) Setbacks. Any building shall be set back from any lot line that adjoins a lot in a residential zone, which has not been recommended for a commercial or industrial zone on a local zoning plan duly adopted by the commission, a distance equal to one-half the height of the building.
(4) Development procedure. The procedure for site plan approval shall be as set forth in division 59-D-3.