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When it comes to satisfying the requirements for Option 1, what does the "total buildable land" take into account? And the "total building area"?

“Total buildable land” represents all land within the ¼-mile radius that can be built on. This does not include streets, sidewalks, or any area that is not available for development.

“Total building area” would account for all types of buildings and homes within the ¼ -mile radius, if the project is pursuing combined density. Note that parking garages are excluded from this.

Question: 

When it comes to satisfying the requirements for Option 1, what does the "total buildable land" take into account? And the "total building area"?