Blue Ribbon Projects; Requires that development project meet certain requirements to qualify as blue ribbon project; authorizes development of development area in phases; requires that blue ribbon project have blue ribbon plan; requires that project receive dollar-for-dollar credits from local government; specifies that project may be located on land with any future land use designation or zoning designation; prohibits required amendment of comprehensive plan or required rezoning for approval of project; authorizes landowner to apply to local government for approval of project; requires that project that meets certain requirements receive administrative approval; authorizes applicant to appeal denial of project application to Department of Commerce; authorizes person whose substantial interests are or may be affected by approval of project to file petition with Department of Commerce requesting administrative hearing.