3 buildings with short-term leases in place. The total area of the existing structure(s) is approximately ±16,957 SF of total gross area. Total parcel: Approximately ±0.58 acres or ±25,120 SF. No parking minimum requirement. FAR 2.0/4.0 Base 2.0/Bonus 4.0.
Can be developed into a 100’ tall mixed-use multifamily development with 78 units. By right, it permits a 2.0 FAR, 50-foot height, and 70 units per acre—equating to 41 units on this 0.58-acre (25,120 SF) parcel. With bonuses, FAR increases to 4.0, height to 100 feet, and density to 135 units per acre, allowing up to 78 units total. Inclusionary housing requirements range from 12.5% to 17%, and no setbacks are required.