09-1: SWC Density Bonus Program Presentation — original pdf

Backup

South Central Waterfront Combining District & Density Bonus Program Parks and Recreation Board March 25, 2024 South Central Waterfront Vision Framework Plan Adopted June 6, 2016 2 City Council Resolution 20220915-090 ▪ Increased development only available through the Density Bonus Program. ▪ Maximize community benefits and infrastructure investments. ▪ Create a Density Bonus Program “akin” to Downtown and that supports Project Connect. ▪ Allow entitlements for required infrastructure and community benefits. ▪ Ensure entitlements meet market demand. ▪ Create enhanced environmental standards and protections. ▪ Program to be re-evaluated/updated at least every five years. 3 District Boundary New parcels added that are affected by Project Connect light rail alignment. Project Connect Rail Alignment 4 Combining District Components ▪ General Provisions (Policies, procedures, and who can participate) ▪ Land Use Standards (Permitted and conditional land uses) ▪ Development Standards (What can be built and where) ▪ Design Standards (How it will look) ▪ Definitions 5 Density Bonus Components ▪ Procedures/Requirements ▪ “Gate Keeper” Requirements – Affordable Housing – Environmental Protection – Improved Streetscape and Built Environment ▪ In-Lieu Fees and Dedications ▪ Onsite Community Benefits Eligible for Bonus Area 6 Streets and Light Rail 7 Subdistricts Council approval is required to exceed FAR maximums Project Connect Rail Alignment 8 Critical Water Quality Zones 9 Permitted land uses support: Land Uses – Transit – Pedestrian use – Mixed-use – Creative Enterprise – Recreation and Entertainment Activity 10 Parks & Open Space ▪ Required publicly accessible Open Space (5% of site) ▪ Parkland dedication may be credited towards Parks Fee-in-Lieu amount ▪ Buildout of parks amenities is a community benefit available for bonus area ▪ Both parkland dedication and buildout must meet PARD criteria and be accepted by the PARD Director 11 *For artistic rendering purposes only 12 Bonus Program Structure First Then (For Additional FAR Beyond Base) Gate Keeper Requirements Onsite Affordable Housing (Fee for Non-Residential) Enhanced Environmental Protections Streetscape & Built Environment (To Reach Up to FAR Subdistrict Maximums) 70% In-Lieu Fees & Dedications Affordable Housing Parks Infrastructure 30% On-Site Community Benefits Open Space Universal Design Child / Adult Care Park Buildout Cultural Uses Music Venues Grocery Store Transit- Supportive Infrastructure 13 Existing PUDs, PDAs, and Planned Development Areas 15 Timeline b e F r a M r p A y a M n u J Public Comment Period Feb. 20 – Mar. 20 E n g a g e me n t 2/28 3/18 3/20 Boards & Commissions Feb. - April Feedback Integration (Analyze feedback) Mar - April PC & Council Review / Adoption April - May Today 16 Tell Us What You Think! ▪ Head to the Survey Station! ▪ Speak Up Page for South Central Waterfront (SpeakUpAustin.org/SouthCentralWaterfront) contains: Link to South Central Waterfront website – – Draft Combining District & Density Bonus Program with draft fees and bonus schedule Engagement activities Link to Survey to provide feedback – – ▪ Questions? Reference South Central Waterfront – Phone: 512-974-7220 & Email: LDCupdates@austintexas.gov 17 Thank You History Combining District Density Bonus Program - Bonus Program Opt-in Requirements - Fees-in-Lieu - Additional On-Site Community Benefits Timeline & Ways to Provide Feedback 6:15 PM Overview of SCW Combining District & Density Bonus Progam 6:35 to 8 PM - Breakouts / Open Discussions by Topic Area - How it Works: Density Bonus and Community Benefits - Environmental / Watershed - Infrastructure - Affordable Housing - Parks / Open Space - Transit (Project Connect), Design and Development 6 to 8PM - Survey Station 8PM - Close