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<br />Mayor Piercy <br />City Councilors <br />Dennis Taylor <br /> <br />By C':"CEIVED <br />MANAGER <br />MAR '1 lOOl <br /> <br />Re: BM 37 Claim Explanations <br /> <br />Mayor Piercy & Members of the Council; <br /> <br />In support of my testimony on the claim of DMB Green for the vacant lot on West 12th <br />Avenue I wish to provide a brief explanation of our claim and an example of what we are <br />trying to accomplish. <br /> <br />We wish to develop our site located on West 12th between Chamelton and Lincoln streets <br />with a structure that would conform to the 0.65:1 floor area ratio (or FAR) that was in <br />place when we purchased the site in 1994. The current requirement is to build a building <br />with a 1: 1 FAR. <br /> <br />The lot we own is currently a parking lot, with most spaces rented by an adjacent <br />property owner. We wish to develop the site with a mixed-use building that would <br />include ground floor offices and second level housing. The building will be appropriate <br />for the small lot and will fit the character of the neighborhood. <br /> <br />The lot has 56 feet of frontage on the south side of West 12th Avenue with a depth of <br />133.6 feet, for a total size of approximately 7,482 square feet. Under the current code, <br />that lot would have to be developed with 7,482 square feet of building due to the <br />requirements of the 1: 1 FAR. A building of that size would be massive on that small lot, <br />and the structure would dominant the area. Additionally, a building of this size would <br />preclude on-site parking. Though the property is not required to provide on-site parking, <br />street parking is always full during the day and the nearest public parking is the West <br />Broadway parking structure, located four blocks north. To accommodate anyon-site <br />parking under the current 1: 1 FAR, the building would likely be elevated over ground <br />floor parking and be excessively tall. This would result in a very large, unattractive <br />structure, and higher construction costs associated with such a project would make <br />development economically impossible. <br /> <br />An example of the type of building we wish to construct is the property at 11 78 <br />Charnelton--I have included a photo. The property is an 8,000 sq ft site that was <br />developed in 1997 with ground floor offices and second level apartments, just what we <br />want to do. We wish to build to the 0.65 FAR that was in place when we purchased the <br />property, resulting in a building of over 4,800 square feet and a density 50% greater than <br />the development on the 1178 Chamelton site. A building of 4,800 square feet is a very <br />sizable building on this site compared with others in the immediate area. To my <br />knowledge, there has been no commercial in-fill in the neighborhood built to the 0.65 or <br />1.0 FAR requirements without some from of subsidies. <br />