Official:Amending Title 14 of the Philadelphia Code by amending Section 14-702, entitled “Floor Area, Height, and Dwelling Unit Density Bonuses” to amend provisions related to the Transit Improvements bonus and by making related changes, all under certain terms and conditions.
Sponsor: Councilmember Driscoll
Introduced: April 4, 2024
: Committee on Rules
Status: In Committee, step 2 of 4
This bill amends Philadelphia's Zoning Code to modify the Transit Improvements bonus, allowing developers to earn floor area or height bonuses for improving public transit infrastructure in certain areas.
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By approving Bill 240249, the city will incentivize developers to invest in improving public transit infrastructure in designated areas, thereby enhancing mobility and connectivity for residents. This will benefit commuters who rely on these areas, such as students, workers, and seniors, by providing faster and more reliable transit options. As a result, the city's overall transit system will be improved, contributing to reduced congestion, air pollution, and greenhouse gas emissions.
This bill gives developers a powerful incentive to prioritize their own interests over community needs, trading public benefits for significant zoning rewards. By allowing them to earn up to 400% height bonus for Transit Improvements, the bill shifts the burden of improving public transit from the city to developers, who will reap the benefits of denser, more profitable projects.
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