The Capital Boulevard Corridor Study (CBCS) is an area plan companion to the Comprehensive Plan. The CBCS specifies the Historic Glenwood/Brooklyn Neighborhood (HGBN) and recommends heights in the study area ranging from three stories at the neighborhood edge, up to twelve stories in areas well separated from neighborhoods. Councilor Silver campaigned on keeping development consistent with our Plans.
The tower proposal violates 4 city plans, 47 city policies and 2 city tables. One ex. is Policy LU 8.3 Conserving, Enhancing, and Revitalizing Neighborhoods: Recognize the importance of balancing the need to increase the housing supply and expand neighborhood commerce with the parallel need to protect neighborhood character, preserve historic resources, and restore the environment.
This rezoning would set a dangerous precedent that would affect ALL neighborhoods. It violates height guidance, 4 plans, 47 policies, and 2 tables. There is not one single city policy or plan that supports more than 12 stories at this location.
If a 30 story tower is approved at this location in a designated Downtown Transition Area, then ALL the other neighborhoods noted here and currently protected by Downtown Transition Areas are at risk. This is a dangerous precedent to set.
Highlights from Council’s Planning Retreat
I have experience valuing homes that are next to duplexes, fourplexes and apartment buildings; I see what’s happening in these neighborhoods. Once zoning is changed from single-family to multi-family, developers move in and start competing against families for older homes. Unfortunately, the builder always wins because they have more money and are willing to pay cash. Homes, perfect for a starter family or in need of being rehabbed will be purchased by a developer who will tear the house down to make way for a new multi-unit building on a small 5,000-square-foot site. (It’s called the highest and best use of the land). The moment construction starts, the value of a nice condition single-family home next door goes down; the appraisal term is called external obsolescence. Welcome to capitalism in America.