The Charlotte Planning Department late last week released a revised draft of its proposed Transit-Oriented Development (TOD) Ordinance, ahead of a March 18th public hearing.
REBIC is in the process of reviewing the ordinance, which is available for download HERE. We strongly encourage any developers considering projects in the City’s transit corridors to look through the draft and provide us with any feedback you may have.
Some of the changes in the new draft include:
Additional Bonus Menu Options: More incentives for the inclusion of affordable housing units, including a horizontal density bonus through open space reductions and building length, and the addition of several environmental items.
Open Space Changes: Calculations regarding open space are revised and include an easier calculation of the amount required and revised standards to when public open space is required.
Public Realm Standards: Provides clarification on language regarding streetscape and future back of curb measurements, based on varying street types and a planned citywide street map.
Revised Townhome Language: Clarifies that townhomes are not subject to the ordinance’s aesthetic requirements, reduces open space requirement.
City Council will receive a briefing on the TOD at their regular meeting on February 25th. REBIC will continue to engage on this critical issue issue through meetings with staff and Council members in the coming weeks.