14.285.040 Regulatory Incentives.
Regulatory incentives include density incentives, parking incentives, building height incentives, and permit prioritization. Each incentive is limited in scope and/or geographic area, as specified below.
A. Density Incentive. A multi-unit project meeting the applicability standards and general provisions of this chapter may be eligible for a 20 percent density incentive. Fractional units shall be rounded up to the next whole unit. All other dimensional standards in Chapter 14.210 SMC and/or applicable to the proposed development type shall be met.
B. Density Incentive for Senior Housing. A multi-unit housing development meeting the applicability standards and general provisions of this chapter for residents age 55 and older may be eligible for the density incentives contained in Table 1. Fractional units shall be rounded up to the next whole unit. All other dimensional standards in Chapter 14.210 SMC and/or applicable to the proposed development type shall be met.
Zoning District | Maximum Density With Incentive |
|---|---|
Low Density Residential (LDR) | 18 units/acre |
Medium Density Residential (MDR) | 27 units/acre |
High Density Residential (HDR) | 36 units/acre |
Commercial | 27 units/acre |
Business Park | 30 units/acre |
C. Midtown District Building Height Incentive. A multi-unit project meeting the applicability standards and general provisions of this chapter and located in the Midtown District North Overlay may be eligible for a building height increase of 10 feet above the base allowance in SMC 14.210.240, Table 1. All other dimensional standards in Chapter 14.214 SMC shall be met.
D. Open Space Reduction. A multi-unit project meeting the applicability standards and general provisions of this chapter and located within 500 feet of a designated community or neighborhood park according to the adopted Parks, Recreation, and Open Space Long-Range Plan may be eligible for a 50 percent reduction in required open space for the underlying zone as described in the dimensional standards of Chapter 14.210 SMC. Applications that propose a reduction in required open space shall not be eligible for any reduction in park impact fees.
E. Expedited Permit Review. An applicant may request an expedited review process for projects meeting the applicability standards and general provisions of this chapter. An expedited project shall be contingent upon City staffing and other resource availability, and only if such prioritization does not result in the unreasonable delay of other permit applications. Planning and Development Services will endeavor to complete review as expeditiously as time and resources allow.
F. Parking Reduction. A multifamily development providing affordable housing units may be eligible for reduced parking requirements pursuant to SMC 14.235.055. (Ord. 2480, 2024)