Complex sentence: The Ocean Village section, which has not yet been developed, is located on Historic Decatur Road and Perry Road; it is planned as a maritime-themed area with retail and light industrial tenants as well as public access to the boat channel.
Split into simpler sentences: The Ocean Village section, which does currently not have any stores open, is located on Historic Decatur Road and Perry Road. It is planned as a maritime-themed area with retail and light industrial tenants as well as public access to the boat channel.