River North RiNo Overlays City of Denver Planning Board Information Item July 19 2017 Draft Schedule Consultant Feasibility Testing on Incentive Height Overlay Underway through July 2017 Plannin ID: 817119
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www.denvergov.org/38BlakeRiver North (RiNo) OverlaysCity of Denver Planning Board Information ItemJuly 19, 2017Draft ScheduleConsultant FeasibilityTesting on Incentive Height OverlayUnderway through July 2017Planning Board Info ItemJuly 19City Council Committee Info ItemEarly AugustZoning Text Amendment Language forReviewLateAugustZoning Map Amendment Boundaries for ReviewLate AugustPlanning Board Public HearingOctoberCity CouncilPublic Adoption Hearing*Decem
ber*Projects may proceed through Site D
ber*Projects may proceed through Site Development Plan approval process prior to adoption, but final approval of projects using incentives cannot occur prior to adoptionOverlay Zone DistrictsOverlay Zone DistrictsIncentive Height Overlay16â¢Capture the value of increased heightâ¢Relate to citywide linkage fee programâ¢Require multiples of citywide affordable housing fee/build alternative requirements only for stories above the base heightIncentive Height OverlayFut
ure Building Height MapAdopted by City
ure Building Height MapAdopted by City CouncilFall 2016â¢Base Height âStandard linkage feeâ¢Incentive Height -Additional requirements apply to incentive stories(note that affordable housing fee/unit requirements are never lower than citywide requirements)â¢Residentialâ¢Additional 4x citywide unit requirementâ¢No fee optionâ¢Commercialâ¢Additional 4x citywide fee or unit requirementâ¢Option to provide community-serving usesâ¢Zoning code text an
d map amendments sponsored by Council P
d map amendments sponsored by Council President Brooks38th& Blake Incentive Height OverlayOverviewâ¢Base zone district (C-MX-8, I-MX-8, etc.) allows 8 stories (sample scenario 1)â¢Scenario 1 only develops to the maximum 8-story height allowed by the base zone districtâ¢When building to the base zone district height, no special requirements apply (citywide linkage fee formulas are used)â¢Zoning overlay allows 16 story âincentive heightâ (used in s
ample scenario 2)â¢Sample scenario 2
ample scenario 2)â¢Sample scenario 2 used the incentive to develop to the maximum 16 story height allowed by the overlayâ¢Normal citywide affordable housing requirements apply to all stories â¢Additional requirements (4 times the citywide formula) apply to stories above the base height (âincentiveâ stories 9-16) 38th& Blake Height Incentive OverlaySample Scenarios (Next two slides)1.Citywide linkage fee for residential2.Square footage of the 8-story bui
lding3.Citywide linkage fee residentia
lding3.Citywide linkage fee residential âbuild alternativeâ formula (unit fractions above .5 rounded to next whole unit) 4.Citywide linkage fee for commercial 5.Citywide linkage fee commercial âbuild alternativeâ formula (unit fractions above .5 rounded to next whole unit) 38th& Blake Incentive Height OverlaySample Scenario 1: Develop to Base HeightUnit OptionCitywide Req.: 0.01683x (240,0002/1,000) = 4 unitsTotal Requirement (same as citywide) = 4 units8
Story Residential ProjectTotal floor ar
Story Residential ProjectTotal floor area (stories 1-8): 240,000sfNote: the height incentive (to develop above the 8-story base height) is not used in this scenario.Fee OptionCitywide Fee: $1.501x 240,0002= $360,000Total Fee (same as citywide): = $360,000Fee OptionCitywide Fee: $1.704x 240,0002= $408,000Total Fee: (same as citywide) = $408,500Unit OptionCitywide Req.: 0.02285x (240,0002/1,000) = 5 unitsTotal Requirement (same as citywide) = 5 unitsCo
mmunity Use OptionNo community-servi
mmunity Use OptionNo community-serving use option. Only commercial development using incentive height has option for community-serving uses (see next slide).Footnotes:8 Story Commercial ProjectTotal floor area (stories 1-8): 240,000sfNote: the height incentive (to develop above the 5-story base height) is not used in this scenario.This Scenario does not use a height incentive1.Citywide linkage fee residential âbuild alternativeâ formula 2.Square footage of t
he entire 16-story building3.Citywid
he entire 16-story building3.Citywide linkage fee residential âbuild alternativeâ formula multiplied by 4 (applied to âincentive storiesâ)4.Square footage contained in the âincentive storiesâ (stories 9-16)5.Citywide linkage fee for commercial6.Citywide linkage fee for commercial multiplied by 47.Citywide linkage fee commercial âbuild alternativeâ formula8.Citywide linkage fee commercial âbuild alternativeâ formula multiplied by four (applied to
âincentive storiesâ)9.Citywide lin
âincentive storiesâ)9.Citywide linkage fee for the entire 16-story building10.Additional fee generated by the âincentive storiesâ (stories 9-16)B. Unit OptionCitywide Req.: 0.01681x (480,0002/1,000) = 8 unitsIncentive Req.: 0.06723x (240,0004/1,000) = 16 unitsTotal Requirement (citywide + incentive) = 24 units16 Story Residential ProjectBase floor area (stories 1-8): 240,000sfâIncentiveâ floor area (stories 9-16): 240,000sfTotal floor area (
stories 1-16): 480,000sfA. Fee Optio
stories 1-16): 480,000sfA. Fee OptionNo fee option for residential development. Development using incentive height would have to built units on site or within height incentive area.16 Story Commercial ProjectBase floor area (stories 1-8): 240,000sfâIncentiveâ floor area (stories 9-16): 240,000sfTotal floor area (stories 1-16): 480,000sfA. Fee OptionCitywide Fee: $1.705x 480,0002= $816,000Incentive Fee: $6.806x 240,0004= $1,632,000Total Fee: (citywid
e + incentive) = $2,448,000B. Unit Opt
e + incentive) = $2,448,000B. Unit OptionCitywide Req.: 0.02287x (480,0002/1,000) = 11 unitsIncentive Req.: 0.09128x (240,0004/1,000) = 22 unitsTotal Requirement (citywide + incentive) = 33 unitsC. Community Use OptionPay normal $816,0009citywide fee and negotiate community benefits agreement (CBA) to provide community-serving uses in lieu of paying $1,632,00010incentive fee (CBA should provide approx. same value as waived incentive fee)Footnotes:â¢Uni
ts must be affordable to households earn
ts must be affordable to households earning below 80% Area Median Income â¢Affordable units under the âDevelop to Base Heightâ scenario must be onsite or within ¼ mile of original developmentâ¢Affordable units under the âDevelop to Incentive Heightâ scenario must be provided within the incentive height overlay areaâ¢Option to partner with another builder to provide units offsite â¢Mix and size of affordable units must match market rate unitsâ¢Plan to prov
ide affordable units can cover more than
ide affordable units can cover more than one parcel, BUT must cover specific parcels, outline the specific number of units provided, and include timeline for development of those units38th& Blake Incentive Height OverlayResidential Affordability Requirements10â¢Agreement with Denver Office of Economic Development (OED)â¢Considered as a âPilotâ Programâ¢Meets Special Incentive Requirements Onlyâ¢Can meet incentive requirements generated only by non-residenti
al uses above the base heightâ¢Citywi
al uses above the base heightâ¢Citywide affordable housing linkage fee will apply to all floors of building as it would elsewhere in the cityâ¢Voluntaryâ¢Option to pay fee or build units to meet incentive requirements insteadâ¢Meaningfulâ¢Promotes uses that meet specific community needs, such as:â¢Art studios and maker spacesâ¢Community services, such as child car or community kitchensâ¢Non-profit spaceâ¢Intended to generate community-serving uses
rather than recognize those that might
rather than recognize those that might otherwise be providedâ¢Must provide similar value to fee or units that would have otherwise been required1138th& Blake Incentive Height OverlayCommunity-serving Use Agreement1538th& Blake Incentive Height OverlayImplementation âMap Amendments (Rezoning)â¢Legislative Rezoning to Apply Overlayâ¢Will apply to all properties in the height amendment areaâ¢Proposed Legislative Rezoning to Synch Base Zone Districts to P
lan Guidance Where Neededâ¢Legislativ
lan Guidance Where Neededâ¢Legislative Rezoning Will Occur at Same Time as Text Amendments to Apply Overlayâ¢Anticipated adoption in late 20171.Existing Zoning Matches Base Height or is Tallerâ¢Ready to go (no rezoning needed)2.Existing Zoning is Lower Than Plan Base Height3.Existing Zoning is Not a Standard Height-based Districtâ¢Will propose legislative rezoning (with âopt outâ possibility)â¢Review potential use issues38th& Blake Incentive Height
OverlayImplementation âBase Zone Di
OverlayImplementation âBase Zone District StatusHeight Incentive Overlay: ImplementationOverlay Zone DistrictsRiNoDesign Overlayâ¢Sitingâ¢Build-to/Setbacksâ¢Parking Location, Access & Landscapingâ¢Design Elementsâ¢Volumetric Mass Reductionâ¢First Floor Heightâ¢Structured Parking Designâ¢Street Level Activationâ¢Transparencyâ¢Pedestrian Accessâ¢Street Level Active Usesâ¢Minimum Parking RequirementsRiNoDesign OverlayAdjusts Base Zone D
istrict Standardsâ¢Applies Only to La
istrict Standardsâ¢Applies Only to Large Zone Lotsâ¢Zone lot > 150â in width or 18,750 sfâ¢3 standard platted lotsâ¢Uses % Reductions Based on Gross Zone Lot Areaâ¢Different than an upper-story setbackâ¢% of volume must be reducedâ¢Mass Reduction Must Face Public Realmâ¢Primary or Side Streetâ¢Riverâ¢Private Open SpaceRiNoDesign OverlaySample Tool: Volumetric Mass Reductionâ¢Floors 1-8â¢10% reductionâ¢Floors 9-max.â¢30% reductio
nâ¢Open Space Alternativeâ¢Provide
nâ¢Open Space Alternativeâ¢Provide 15%-20% Private Open Space at Street Level in lieu of mass reductionâ¢Open to the publicâ¢Open to the skyâ¢Fully visible from a Primary StreetRiNoDesign OverlaySample Tool: Volumetric Mass Reductionâ¢Applies Only to Large Zone Lotsâ¢Zone lot > 150â in width or 18,750 sfâ¢3 standard platted lotsâ¢Uses Not Allowed on 50% of Primary StreetFrontageâ¢Parkingâ¢Industrialâ¢ResidentialRiNoDesign OverlaySamp
le Tool: Street Level Usesâ¢Setbacks/
le Tool: Street Level Usesâ¢Setbacks/Build-toâ¢Min. 7â setback for residentialâ¢Increased build-to rangeâ¢Street Level Heightâ¢Min. 14ââ¢Structured Parking Designâ¢Must be screened or wrapped above street levelâ¢Surface Parking Location/Designâ¢Not between building and primary or side streetâ¢Heightened landscapingâ¢Vehicular Parking Minimumsâ¢No min. parking requirement within ½ mile of transitRiNoDesign OverlayOther HighlightsQ & A