Quote:
Originally Posted by logan5
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I can't think of a single example of where they've successfully done that - it's always a negotiation with an owner that allows them greater density (potentially transferred off site) in exchange for the protection of heritage.
If you read
the Charter, the City can temporarily protect heritage buildings, but any attempt to limit an owners rights to development must be compensated. That's not going to be feasible - it'll be a negotiation My guess would be that Concord will agree to protect the exterior of some of the heritage building - the Burrard St frontage, obviously.
Here's what they can theoretically build now:
◾Site Area: 292,235 SF, or 6.7 acres
◾Existing Zoning: DD – Downtown District (Sub Area G)
◾Permitted Density: 6.0 FSR (office not to exceed 5.0 FSR), or 1,753,410 SF (under current zoning)
◾Allowable Height: 300 ft (with discretionary increase to 450 ft)
◾View Cones: View cone C1 (Laurel Landbridge to the Lions) bisects the site and likely limits much of the site to at or near the 300 ft. limit (30-storeys for residential).
So a bonus of 250,000 sq. ft. to preserve the facades could see them get to 2 million sq ft, or about 6.8 FSR, without trying to break through the viewcone.