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Reso 2026-3963
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Reso 2026-3963
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Last modified
3/17/2026 12:18:57 PM
Creation date
3/17/2026 12:14:40 PM
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Template:
CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2026-3963
Date (mm/dd/yyyy)
02/19/2026
Description
Approve Purchase & Assignment of TDRs amount 120,972.18 Sq. ft. of FAR & (48) Dwelling units from City's Public TDR Bank to MB RE Investments, LLC.
Supplemental fields
Comment
Heard with Companion Zoning Reso 26-Z-221; Item 5A.
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25% upon a written finding by Development Services Director that opposing building walls of the adjacent <br />buildings are offset, angled or have minimal window openings such that residential views from within the <br />towers are not adversely impacted by proximate and direct facing relationships of the buildings. <br />Notwithstanding the foregoing, an elevated bridge is permitted within the building separation as set forth <br />in Subsection D(4)(c)[3]. <br />(6) Maximum building width. In order to preserve views of the ocean for properties west of <br />Collins Avenue: <br />(a) For parcels 200 feet or more in width, the maximum building width, as measured parallel <br />to Collins Avenue, of any single structure or exceeding 20 feet in height above grade shall <br />be 250 feet. The elevated bridge permitted under Subsection D(4)(c)[3] shall not be <br />counted for the calculation of building width for parcels described herein. <br />(b) For parcels under 200 feet in width, existing as of the date of the passage of this chapter, <br />the maximum building width, as measured parallel to Collins Avenue, of any single <br />structure or'exceeding 20 feet in height above grade shall be 60% of the lot width <br />provided, in no event shall the balconies encroach into the setback of the side yard. The <br />elevated bridge permitted under Subsection D(4)(c)[3] shall not be counted for the <br />calculation of building width for parcels described herein. <br />(c) When there are two or more buildings on the same property, two feet of building width <br />may be added for each one foot of building separation exceeding 100 feet. <br />(7) Maximum building height. Maximum building height shall be controlled by § 265-35.D(2) <br />regarding maximum height, § 265-35.D(4), regarding setbacks and view corridors, and § 265- <br />35.1)(9), regarding floor area ratio. <br />(8) <br />614 <br />
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