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Old 08-29-2019, 01:25 PM
 
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Wouldn't getting rid of Floor Area Ratio requirements make sense? From my understanding, these rules reduce the density in desirable parts of town and therefore artificially inflate rents by limiting supply. Will these requirements go away anytime soon?
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Old 08-29-2019, 02:26 PM
 
Location: Atlanta, Birmingham, Charlotte, and Raleigh
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Floor area ratio requirements are flexible in Special Public Interest (SPI) zoning districts. As a matter of fact, if a development is within a transit zone it is allowed a density bonus to create more density and higher floor area ratios. The reason for requirements is to legal reasons to construct something that is not appropriate based on the size and location of a parcel.
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Old 08-29-2019, 05:51 PM
 
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Originally Posted by ahouseofgold View Post
Wouldn't getting rid of Floor Area Ratio requirements make sense? From my understanding, these rules reduce the density in desirable parts of town and therefore artificially inflate rents by limiting supply. Will these requirements go away anytime soon?
It's just a tool to control density. As both Midtown and Buckhead move closer to being built out in the future, I could see it being changed but not eliminated completely. There is still way too much developable land in both districts for FAR to have any impact on housing prices and the FAR is plenty high enough for both to become very dense neighborhoods.
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Old 08-29-2019, 06:50 PM
 
32,036 posts, read 36,893,907 times
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Originally Posted by jero23 View Post
Floor area ratio requirements are flexible in Special Public Interest (SPI) zoning districts. As a matter of fact, if a development is within a transit zone it is allowed a density bonus to create more density and higher floor area ratios.
Very true. Developers get a huge density bonus in transit districts, but they don't have to provide any funding for transit in return.


cf., "Laughing Room."
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