94-08 Special Floor Area Bonus Provisions

In Areas A, C, D, E and F, any development on a zoning lot with an area of at least 20,000 square feet within the Special District shall be eligible for a floor area bonus as set forth in this Section.

In areas A and E, for any development, the floor area bonus earned under the provisions of this Section may be used either for residential use on the same zoning lot or may be transferred to a receiving lot within the Special District, pursuant to Section 94-093 (Transfer of development rights from granting lots).

In Area C, for any development, the floor area bonus earned under the provisions of this Section may be used either for commercial use on the same zoning lot or may be transferred to a receiving lot within the Special District, pursuant to Section 94-093.

In Area D, for any development, the floor area bonus earned under the provisions of this Section may be used only for the purposes of transfer to a receiving lot within the Special District, pursuant to Section 94-093.

In Area F, for any development, the floor area bonus earned under the provisions of this Section may be used only for residential use on the same zoning lot.

In no event shall the aggregate bonus floor area, permitted under the provisions of this Section, exceed the basic floor area ratio permitted for residential use by Section 94-09 (Special Bulk Regulations) by more than 60 percent in Areas A, C, D or E, or by more than 20 percent in Area F.

Any floor area bonus received according to the provisions of this Section shall require certification by the City Planning Commission, pursuant to Section 94-13.

In Areas A, C, D, E and F, any development on a zoning lot which provides and maintains a plaza for public use shall be eligible for a floor area bonus, in accordance with the following provisions:

In Areas C, D or E, any development on a zoning lot with a minimum area of 20,000 square feet shall be eligible for a floor area bonus at the rate of one square foot of floor area for every square foot of accessory commercial parking space above the minimum amount required by the underlying district regulations and made available for daily long-term parking.

To be eligible for a floor area bonus under the provisions of this Section, there shall be at least five additional parking spaces provided and the size of each parking space shall be at least 300 square feet. In no event shall the dimension of any parking stall be less than 18 feet long and 8 feet, 6 inches wide.