230.340 Height Bonuses and Parking Credits.
A. Purpose. The height bonus and parking credit options allow an increase in building height or a reduction in off-street parking requirements as an incentive for development that provides a public or community benefit.
B. Applicability. The bonus height or off-street parking credit options are available to any development meeting the criteria of this section. An option may be used to secure both a height bonus and parking credit(s) as identified in Table 230-3.
C. Height Bonus Options. A height bonus of fifteen (15) feet in addition to the base height identified in Section 230.335 is allowed as identified in Table 230-3. Only one (1) height bonus option may be used.
D. Parking Credit Options. A percentage reduction in off-street parking requirements is allowed as identified in Table 230-3. More than one (1) credit may be used; however, in no case shall the credits result in an off-street parking requirement that is less than one (1) space per dwelling unit or two (2) spaces per one thousand (1,000) square feet of nonresidential floor area.
Option | Height Bonus | Parking Credit | |
|---|---|---|---|
Residential | Nonresidential | ||
Street Level Commercial Space. A vertical mixed use development that provides housing units above a ground floor commercial space and the ground floor commercial space must occupy a minimum of 50 percent of the width of the total street frontage of the site. | 10 ft | 10% | 20% |
Small Scale Commercial Spaces. A vertical mixed use development that provides housing units above a ground floor commercial space and the ground floor commercial space must include a minimum of 3 tenant spaces that are each no greater than 800 square feet in floor area. | 10 ft | None | 20% |
Affordable Housing. A development that includes affordable housing units meeting the following standards: • 10 percent of the total number of dwelling units must be affordable to those earning no more than 60 percent of the area median family income; or • 20 percent of the total number of dwelling units in the new building or the alteration must be affordable to those earning no more than 80 percent of the area median family income; and • The property owner must execute a covenant or development agreement with the City that must ensure that the affordable dwelling units will remain affordable to households meeting the income restriction for a minimum of 30 years. The covenant or agreement must be provided prior to issuance of the building permit. | 10 ft | 20% | None |
High Quality Design. A development that incorporates design elements identified in Table 230-6 which total 5 points in addition to the points needed to meet the minimum requirement. | 10 ft | 10% | 20% |
Transit Amenities. If there is a transit stop along the site’s frontage or within 200 feet of the site, and the site provides the following amenities: • A transit shelter approved by the City and Tri-Met (if the stop is located along the site’s frontage); • A pedestrian access plaza that abuts a sidewalk on a public right-of-way. The plaza must be a minimum of 500 square feet. The plaza must include benches or seating that provides at least 10 linear feet of seats. The seating surface should be at least 15 inches deep and between 16 and 24 inches above the grade upon which the seating or bench sits. | None | 20% | 10% |
(Ord. 3-2021 § 1 (Exh. A))