Posted Feb 19, 2018, 6:54 PM
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Registered User
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Join Date: Jun 2017
Posts: 4,804
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Like many SF homes along major arterials, their current zoning is low and outdated, at best. The current site is RT-2, which is essentially a glorified SF home in Van, adjacent to RS-1. I think for the co-op, going higher meant higher costs (necessity for parking and the current transformer pad are huge costs, concrete). At the current density they can get away with 1 car share and the 1 reg. stall. Also, I think the City views the exterior circulation favourably only due to being a smaller project and a co-op, which is awesome. While I agree in principle that more density should be on Main and along 41st, the public process and the process with the City for more density would have been too great, I assume. under 15 units is a development sweet spot, if you can get the costs right and get the land cheaper than most folks (have a good broker or someone on the inside before market).
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