22 C20-2024-010 - UNO Update - LDC Amendment - Staff Report Part 2 — original pdf

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Transit Core Subdistrict • High-density residential development • Locates greatest density near the University of Texas campus and the planned light rail along Guadalupe Street • Incorporates parts of the previous Dobie, Guadalupe, and Inner West subdistricts 23 23 22 C20-2024-010 - UNO Update - LDC Amendment95 of 110Inner West Subdistrict • High-density residential • Next closest subdistrict to the campus area • Expands Inner West and increases building height • Falls generally within the campus shuttle routes 24 24 22 C20-2024-010 - UNO Update - LDC Amendment96 of 110Transit Core & Inner West Site Development Standards Height Bonus Impervious Cover Uses Proposed Transit Core Proposed Inner West Existing Inner West 540’ (600’ Max) 360’ (420’ Max) 175’ - 300’ Max 100% 100% 100% Residential, Local, Hotel/Motel (with Limitations) Residential, Local Residential, Local, Hotel/Motel (with Limitations) Above-Ground Parking Max. 3 Stories Community Benefits Choice of 1 3 Stories Choice of 1 Tower Spacing 20’ Stepback at a Height of 120’ 20’ Stepback at a Height of 120’ None None None 25 22 C20-2024-010 - UNO Update - LDC Amendment97 of 110Transit Core & Inner West Gatekeeper Community Benefits Options ▪ Pedestrian-Oriented Commercial ▪ On-site Water Reuse System – 75% of frontage must contain pedestrian-oriented commercial uses – Projects would be ineligible for Fee-In- Lieu allowed under 25-9-414 (C) ▪ Grocery Store Use – Must contain min. 2,500 sf ▪ Transit-Supportive Infrastructure – Ex: 5,200 sf of space for a Traction Powered Substation (TPSS) – Only available in the Transit Core ▪ Green Roof – Must contain min. 4,000 sf and meet ECM performance standards ▪ Properties that provide more than 50% of bedrooms or units as affordable are exempt from community benefit requirements 26 22 C20-2024-010 - UNO Update - LDC Amendment98 of 110Tower Spacing - Example 27 22 C20-2024-010 - UNO Update - LDC Amendment99 of 110Tower Spacing ▪ 40ft step-back above 120ft in height from existing building of 120ft in height or greater; OR 20ft from a parcel with a maximum allowed building height greater than 120ft ▪ If the lot frontage is under 100ft then the maximum building coverage for portions of a building above 120ft is 65% 28 22 C20-2024-010 - UNO Update - LDC Amendment100 of 110Outer West Subdistrict • More residential in character • Mid-rise development pattern • 15 to 20-minute walk to campus and with access to transit options • Provides a balance between the denser subdistricts close to the university and the lower-density neighborhoods to the west 29 22 C20-2024-010 - UNO Update - LDC Amendment101 of 110Outer West Site Development Standards Proposed Outer West Existing Outer West Height Bonus 30’ (90’ Max) 50’ – 145’ Max Impervious Cover 90% or Base Zoning 90% or Base Zoning Uses Residential, Local Residential, Local Above-Ground Parking Max. 2 Stories Community Benefits Not Applicable None None 30 22 C20-2024-010 - UNO Update - LDC Amendment102 of 110Compatibility ▪ Citywide compatibility standards will impact properties within 75’ of a triggering property ▪ No triggering properties currently within the UNO district 31 22 C20-2024-010 - UNO Update - LDC Amendment103 of 110Affordability Requirements Rent Limits by the Bedroom Rent Limits by the Unit Rent limits are the maximum rents that can be charged for a unit or bedroom counted as affordable based on the MFI limit stipulated in the program. Housing Department updates rental rates annually based on HUD’s current income limits. 32 MFI LimitSingle OccupancyDouble OccupancyProposed50%$882$485/person50%$882$485/person60%$1,181$649/personExistingMFI Limit1-Bedroom2-Bedroom3-Bedroom4-Bedroom5-BedroomProposed50%$1,102$1,260$1,417$1,575$1,70150%$882*60%$1,181**Existing program requirements for properties electing to rent by the unit sets a maximum rental price regardless of the number of bedrooms within the unit. Existing22 C20-2024-010 - UNO Update - LDC Amendment104 of 110Proposed Affordability Requirements ▪ All affordable bedrooms or units are required at the 50% MFI level ▪ A tiered system allows property owners to choose a height allowance that best fits their development while maximizing the affordability within each tier ▪ Developments leasing by the unit provide a lower proportion due to the increased rent differential of each affordable unit ▪ Fee-in-lieu calibrated to be of equivalent cost of providing on- site units Additional Height Tier One Tier Two Transit Core Subdistrict +240’ (300’ Max) Bedroom: 20% Unit: 10% +300’ (600’ Max) Inner West Subdistrict +240’ (300’ Max) Bedroom: 20% Unit: 10% +120’ (420’ Max) Outer West Subdistrict Bedroom: 20% Unit: 10% AND Bedroom: 10% or Fee Unit: 5% Bedroom: 20% Unit: 10% AND Bedroom: 10% or Fee Unit: 5% +30’ (90’ Max) Bedroom: 20% Unit: 10% Existing program similarly has two Tiers of affordability requirements with varying heights across subdistricts and was the base for consultant modeling and calibration 33 22 C20-2024-010 - UNO Update - LDC Amendment105 of 110Likely Development Outcomes Transit Core Inner West Outer West High-rise residential (30-50 stories) with ground-floor activation High-rise residential (15-40 stories) with ground-floor activation Mid-rise residential (5-8 stories) with ground-floor activation Typical of Rainey St. & UNO (since 2019) Typical of NBG & UNO (since 2019) Typical of Mueller, UNO (Outer West), VMU, or TOD districts 34 22 C20-2024-010 - UNO Update - LDC Amendment106 of 110Engagement and Timeline 22 C20-2024-010 - UNO Update - LDC Amendment107 of 110Public Engagement Summary ▪ Small group/individual meetings ▪ Survey to hear feedback on the priorities for the area – Sent to over 6,000 individuals or groups with 300+ responses received with stakeholders – University Area Partners – University of Texas at Austin – Central Austin Neighborhood Planning Advisory Committee – CapMetro – College Houses – University Tenants’ Union – Judge’s Hill Neighborhood Association – On the Moov UT – SafeHorns – Real Estate Council of Austin – AIA Austin 36 22 C20-2024-010 - UNO Update - LDC Amendment108 of 110Timeline Public Engagement Survey and Meetings - February through March Codes and Ordinances Joint Committee – March 19 Open House– UT – Texas Union April 3 6-8pm Planning Commission Briefing – April 8 Planning Commission Public Hearing – May 13 City Council Public Hearing – June 5 37 22 C20-2024-010 - UNO Update - LDC Amendment109 of 110Thank You 22 C20-2024-010 - UNO Update - LDC Amendment110 of 110