Reso 2015-2405 - Laserfiche WebLink

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ZONING (Continued) The total cost of obtaining bonuses vary from site to site and are based on the amount of participation units the developer is willing to contribute. According to a representative with the Building and Zoning Department, Claudia Hasbun, all proposed projects, within the B-1/BD zoning district, are entitled to purchase bonuses up to .823, thereby, increasing the total FAR to 2.823, prior to the purchase of TDR's. In comparison to project costs the purchase price for bonuses are nominal. To qualify for TDR's all required bonuses must be purchased. The purchase of TDR's can increase the FAR by a maximum of 30% or a maximum density of 85 units per acre. According to Ordinance No. 2002-147 the City of Sunny Isles Beach will allow the transfer of development rights from lands acquired by the city, currently utilized as public open space, parks, recreational facilities,community facilities and cultural facilities,to proposed development sites within the various districts. As such, a receiver will be allowed to obtain these TDR's, thereby, increasing the density and FAR of the development site. However, in no case, shall the density or intensity be increased by more than 30% of the maximum permitted by the land use category. Summary The subject property is well suited for any of the allowable uses under the existing zoning code. STREET IMPROVEMENTS/ACCESS Access to the subject property is via the west side of Collins Avenue, a four lane with middle turn lane, asphalt paved, roadway. The dedicated right of way is 100 feet and the street improvements include a concrete median, concrete sidewalks, gutters and utility poles. The property can also be accessed via the two lane Atlantic Boulevard. The right-of-way is 70 feet. 14