Quote:
Originally Posted by Ahoi
Fine, and what does FAR mean in general? What does it mean?
Are there already activities on site?
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FAR = Floor Area Ratio, which means you can build to the size of the lot multiple times, depending on the FAR. That means if your lot is 10,000 sf, and your FAR is 15, you can build to 150,000 sf (10,000 x 15). Current residential FAR in the city (minus the new Midtown South districts) is 12. Which is why most of these residential developments include some type of commercial space at varying sizes. (Hotel, retail, etc.)
How it works out for this proposal:
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