Quote:
Originally Posted by BVictor1
A proposed residential planned development submitted by LG Development Group, LLC, for the property generally located at 57-61 W. Erie Street. The proposed planned development would be comprised of two sub-areas. Sub-Area A would be the site of a proposed 12-story, 10 unit building which includes lobby space and parking for 10 vehicles on the ground floor. Sub-Area B is currently improved with a three-story residential building which would remain on site with no changes proposed. The applicant is seeking an increase from the base 5.0 FAR to a 6.0 FAR by utilizing the Neighborhood Opportunity Bonus. The Applicant is proposing to rezone the property from the current DX-5 (Downtown Mixed-Use District) to a Residential Planned Development. (42nd Ward)
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I keep seeing this process wherein property owners are seeking additional FAR via the Opportunity bonus but still proceeding with a full-on PD anyway. Is this a requirement? Or could one simply by the bonus FAR and call it a day?