Quote:
Originally Posted by Randomguy34
Yeah, it seems silly having to apply for downtown zoning for each individual development, rather than apply that level of zoning to the whole expanded area. I guess these areas weren't automatically upzoned because there would be a lot of push back from the NIMBYs about the plan, since they would no longer have a say in developments that have become right of way. I do not believe they have to pay into the Opportunity Fund unless they want an upzone that is greater than what was recommended.
Also, it appears they would have to apply instead for a DX-5 zoning, not a DX-3 zoning like I mentioned earlier, since Cabrini Green was recommended to have that level of zoning: http://www.cityofchicago.org/content...2016_06_01.pdf
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I'm not sure why they didn't globally change everything to a D zone with matching bulk and density of the underlying zoning. They limited the new downtown to areas with a -3 or above which would have translated directly and allowed the new buy-a-bonus system in the entire area.
My reading of the ordinance shows a different path.
An as of right project would continue being a B-C-M without any change and have no access to the new bonus.
Any project that applies for a zoning change has the application automatically changed to a D and has access to the bonus that applies to the new bulk and density .
But the act of applying for the change triggers the ARO requirement and you can't get at the bonus until you apply for the change.