https://www.inquirer.com/real-estate...-20240404.html
Quote:
Driscoll introduced a package of legislation Thursday that would offer an array of incentives to developers who want to build near public transit stations — with some provisions specifically targeting the Allegheny, Tioga, and Erie-Torresdale stops on the elevated train line.
He also expanded the controversial Mixed Income Neighborhoods (MIN) law, which requires that new developments of more than 10 housing units devote a fifth of their homes to below-market-rate homes. The overlay already covers the other side of the train line in Councilmember Quetcy Lozada’s district.
Another bill would broaden the definitions in the city’s existing transit improvement bonus and potentially allow developers to build taller and more densely close to the subway or elevated train stations.
The transit improvement bonus bill also further reduces the amount of parking that developers will need to build near transit, and if they are required to include affordable housing under the MIN law, they would not have to build any parking.
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Hopefully the broad upzoning would to of apply to all stations, not just his district, but I can't tell from the wording. The BSL is still hugely underutilized. On the other hand, the MIN has not been working, so hopefully they can strike a working balance of incentives
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