ROCKY MOUNT -- The Franklin County Board of Supervisors voted 5-2 Tuesday to approve rezoning and permits for Penhook Village, a 484-acre mixed-use development on Smith Mountain Lake.

The concept plan for Penhook Village includes 816 residential units as well as a health club, spa, restaurant, golf course and 24 boat slips on property that borders Pittsylvania County.

Though reduced in scope from an original proposal floated in the early summer, the now-approved Penhook Village still is the largest development in Franklin County's history.

While construction has boomed around the Westlake and Moneta areas, Penhook Village is one of several new projects on the lake's south shore, where open land and a perceived dearth of commercial business has started to draw developers looking to tap into a different market.

The board's decision allows Smith Mountain Holdings, the development group behind the project, to rezone its land from agricultural to residential planned development and to build private roads, a boat and RV storage facility, a water and central sewer system and a spa, health club and restaurant.

The votes came on motions from Union Hall Supervisor Charles Poindexter, whose district includes Penhook, and seconds from Rocky Mount Supervisor Charles Wagner.

Boone Supervisor David Hurt and Gills Creek Supervisor Russell Johnson voted against the project.

Last month supervisors tabled the application from Smith Mountain Holdings until its officials could clear up some lingering questions about the project.

In particular, the board wanted more information on who could use the development's 24 boat slips, details on architectural design and what kinds of restrictions would be enforced by the homeowners' association.

On Tuesday Smith Mountain Holdings returned with answers, providing architectural standards, language that tightened conditions regarding wetlands conservation and a proffer stating that no more than one boat could use each slip during a half-day period.

"It's good development -- I think we all recognize that," Poindexter said. "It's filled all the squares, and the questions have been answered. ... They may not be perfect but I think it's time to move on."

Hurt and Johnson disagreed, saying the developers should have provided more detail, particularly on traffic control and buffering for streams.

"Anything of this size is going to have a significant impact on the community, and I don't think enough of those impacts were mitigated in the plan," Hurt said.

The vote marked the end of a long process for Smith Mountain Holdings. More than a year ago, the group purchased 680 acres in Franklin and Pittsylvania counties from Carl Simpson for $5.7 million. In June the Smith Mountain Lake Association sponsored a meeting for the developers to pitch their plans, which at that time included 1,000 residential units and 120 boat slips.

After receiving a recommendation for approval from the planning commission, the developers suddenly pulled their plans from the application process, only to return with a stripped-down version that reduced the number of boat slips and removed a piece of property that had contained shoreline condominiums.

Fred Gumbinner, a principal behind Smith Mountain Holdings, said there will be more proposals coming in the future. Penhook Village occupies only a portion of the land purchased last year by Smith Mountain Holdings.

The group also owns acreage along Virginia 40 that might be developed for commercial purposes, as well as about 70 acres in Pittsylvania County. Neither portion was included in this zoning petition.

The county wants a 30-acre park in the Penhook area. That idea had originally been included in proffers for Penhook Village, but Gumbinner said the developers decided to hold off until a future proposal for commercial property closer to Virginia 40. That will allow access to more county residents and not just residents of Penhook Village, he said.