Proposed Denver Zoning Code Text & Map Amendment

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Proposed Denver Zoning Code Text & Map Amendment 38 th and Blake/River North Overlay Zone Districts August 26, 2017 1

This Presentation Includes: Sponsor, Community Partners and Process Project Scope and Objectives Overview of Project Components Proposed Incentive Overlay Text Amendment Proposed Design Overlay Text Amendment Proposed Map Amendments to Apply Overlay What s Next 38 th and Blake/RiNo Overlay Zone Districts Table of Contents 2

38 th and Blake/RiNo Overlay Zone Districts Sponsor & Community Partners Zoning code text and map amendments to be sponsored by Council President Albus Brooks Developed in consultation with RiNo Art District and community stakeholders Community open houses Stakeholder meetings (6x+) 3

38 th and Blake/RiNo Overlay Zone Districts Text & Map Amendment Process (all dates tentative) City Council Committee Info Item August 8 Consultant Feasibility Testing on Incentive Height Overlay INC ZAP Presentation August 26 Map Amendment Application Both Overlays: Public Review Map Amendments: Public Review Public Open House Planning Board Public Hearing City Council Public Adoption Hearing* Underway through early September 2017 Mid September Mid September Mid September Late September Early November Early January *Projects may proceed through Site Development Plan approval process prior to adoption, but final approval of projects using incentives cannot occur prior to adoption 4

38 th and Blake/RiNo Overlay Zone Districts Project Scope & Objectives Implement Adopted 38 th and Blake Station Area Plan Height Amendments Promote taller building height to support transit Promote greater design quality Establish the river as an amenity Integrate affordable housing Capture the Value of Increased Development Potential to Provide Community Benefits 5

38 th and Blake/RiNo Overlay Zone Districts Overview of Project Components 38 th & Blake Incentive Overlay 6

Overlay Zone Districts 7

Proposed 38 th & Blake Station Area Incentive Overlay Text Amendment 8

Incentive Overlay Text Amendment Adopted Building Height Policy Future Building Height Map Adopted by City Council Fall 2016 9

Incentive Overlay Text Amendment Overview Base Height Standard linkage fee Incentive Height - Additional requirements apply to incentive stories (note that affordable housing fee/unit requirements are never lower than citywide requirements) Residential Additional 4x citywide unit requirement No fee option Commercial Additional 4x citywide fee or unit requirement Option to provide community-serving uses 10

Incentive Overlay Text Amendment Sample Scenario 1: Develop to Base Height Fee Option Unit Option Fee Option Unit Option Community Use Option 8 Story Residential Project Total floor area (stories 1-8): 240,000sf Note: the height incentive (to develop above the 8-story base height) is not used in this scenario. Citywide Fee: $1.50 1 x 240,000 2 = $360,000 Total Fee (same as citywide): = $360,000 Citywide Req.: 0.0168 3 x (240,000 2 /1,000) = 4 units Total Requirement (same as citywide) = 4 units Citywide Fee: $1.70 4 x 240,000 2 = $408,000 Total Fee: (same as citywide) = $408,500 8 Story Commercial Project Total floor area (stories 1-8): 240,000sf Note: the height incentive (to develop above the 5-story base height) is not used in this scenario. Citywide Req.: 0.0228 5 x (240,000 2 /1,000) = 5 units Total Requirement (same as citywide) = 5 units This Scenario does not use a height incentive Footnotes: No community-serving use option. Only commercial development using incentive height has option for community-serving uses (see next slide). 1. Citywide linkage fee for residential 2. Square footage of the 8-story building 3. Citywide linkage fee residential build alternative formula (unit fractions above.5 rounded to next whole unit) 4. Citywide linkage fee for commercial 5. Citywide linkage fee commercial build alternative formula (unit fractions above.5 rounded to next whole unit) 11

Incentive Overlay Text Amendment Sample Scenario 2: Develop to Incentive Height A. Fee Option B. Unit Option A. Fee Option B. Unit Option C. Community Use Option 16 Story Residential Project Base floor area (stories 1-8): 240,000sf Incentive floor area (stories 9-16): 240,000sf Total floor area (stories 1-16): 480,000sf No fee option for residential development. Development using incentive height would have to built units on site or within height incentive area. Citywide Req.: 0.0168 1 x (480,000 2 /1,000) = 8 units Incentive Req.: 0.0672 3 x (240,000 4 /1,000) = 16 units Total Requirement (citywide + incentive) = 24 units Footnotes: 16 Story Commercial Project Base floor area (stories 1-8): 240,000sf Incentive floor area (stories 9-16): 240,000sf Total floor area (stories 1-16): 480,000sf 1. Citywide linkage fee residential build alternative formula 2. Square footage of the entire 16-story building 3. Citywide linkage fee residential build alternative formula multiplied by 4 (applied to incentive stories ) 4. Square footage contained in the incentive stories (stories 9-16) 5. Citywide linkage fee for commercial Citywide Fee: $1.70 5 x 480,000 2 = $816,000 Incentive Fee: $6.80 6 x 240,000 4 = $1,632,000 Total Fee: (citywide + incentive) = $2,448,000 Citywide Req.: 0.0228 7 x (480,000 2 /1,000) = 11 units Incentive Req.: 0.0912 8 x (240,000 4 /1,000) = 22 units Total Requirement (citywide + incentive) = 33 units Pay normal $816,000 9 citywide fee and negotiate community benefits agreement (CBA) to provide community-serving uses in lieu of paying $1,632,000 10 incentive fee (CBA should provide approx. same value as waived incentive fee) 6. Citywide linkage fee for commercial multiplied by 4 7. Citywide linkage fee commercial build alternative formula 8. Citywide linkage fee commercial build alternative formula multiplied by four (applied to incentive stories ) 9. Citywide linkage fee for the entire 16-story building 10. Additional fee generated by the incentive stories (stories 12 9-16)

Incentive Overlay Text Amendment Community-serving Use Agreement Voluntary Agreement with Denver Office of Economic Development Can Meet Special Incentive Requirements Only Incentive requirements generated only by nonresidential uses above the base height Citywide affordable housing linkage fee will apply to all floors of building as it would elsewhere in the city Value of Fee Translated to Provision of Community Serving Uses, Such As: Art studios and maker spaces Community services, such as child car or community kitchens Non-profit space 13

Proposed River North Design Overlay Text Amendment 14

Design Overlay Text Amendment Adjusts Base Zone District Standards Siting Build-to/Setbacks Parking Location, Access & Landscaping Design Elements Volumetric Mass Reduction First Floor Height Structured Parking Design Street Level Activation Transparency Pedestrian Access Street Level Active Uses Minimum Parking Requirements 15

Design Overlay Text Amendment Key Impacts Greater Impact on Projects in I-MX Districts No use of Industrial building form Higher build-to % Higher transparency %, especially on side streets Greater Impacts on Large Projects Zone lot > 150 in width or 18,750 sf Volumetric mass reduction Street level active use 16

Design Overlay Text Amendment Sample Tool: Volumetric Mass Reduction Applies Only to Large Zone Lots Zone lot > 150 in width or 18,750 sf 3 standard platted lots Uses Max. Square Footage Based on Gross Zone Lot Area Greater reductions as gets taller Unbuilt Floor Area Must Face Public Realm Primary or Side Street River Private Open Space 17

Design Overlay Text Amendment Sample Tool: Volumetric Mass Reduction Stories 2-5 10% reduction in floor area Stories 6-8 15% reduction Stories 9-12 20% reduction Stories 13-16 30% reduction Open Space Alternative Provide 5%-20% Private Open Space at Street Level Open to the public Fully visible from a Primary Street 18

Applies Only to Large Zone Lots Zone lot > 150 in width or 18,750 sf (3 standard platted lots) Buildings > 3 stories Uses Not Allowed in area of building meeting 70% of Primary Street build-to Parking Industrial Residential Design Overlay Text Amendment Sample Tool: Street Level Uses 19

Design Overlay Text Amendment Other Highlights Setbacks/Build-to Min. 7 setback for residential Increased build-to range Street Level Height Min. 14 Structured Parking Design wrapped above street level Surface Parking Location/Design Not between building and primary or side street Heightened landscaping Vehicular Parking Minimums No min. parking requirement within ½ mile of transit 20

Proposed Map Amendments to Apply Overlays 21

Map Amendments to Apply Overlay Overview 1. Map Amendment to Apply 38 th and Blake Incentive Overlay Area closest to the rail station 2. Map Amendment to Adjust Base Zoning to Use Height Incentive Where existing base zoning does not match plan 3. Map Amendment to Apply River North Design Overlay All areas within incentive overlay and all of the RiNo Art District Legislative Map Amendments to be Sponsored by Council President Brooks 22

Height Incentive Overlay: Implementation 23

What s Next? 24

38 th and Blake/RiNo Overlay Zone Districts Tentative Dates 9/12: Property Owner Meeting on Map Amendments 9/18: Public Review Drafts Posted www.denvergov.org/38blake Late September: Map Amendment Application 9/28: Community Open House Early October: Office Hours for Public Comment 11/01: Planning Board Public Hearing Early 2018: City Council Adoption Hearing 25

38 th and Blake/RiNo Overlay Zone Districts For More Information www.denvergov.org/38blake Additional Questions & Comments abe.barge@denvergov.org andrew.webb@denvergov.org 26