https://www.santamonica.gov/builders-remedy
You can check out all of the projects here, some of them look the same funnily enough.
There are about 4,260 units proposed and of those there are 880 affordable units.
The tallest of which is 18 floors.
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However, that's all in the past now as the city of Santa Monica has agreed with WS communities (the developer who proposed a dozen or so builders remedy projects)
https://www.santamonica.gov/blog/san...its-affiliates
"The Settlement Agreement contemplates WS’s suspension of the 13 Builder’s Remedy applications. While these applications are suspended, WS may refile 13 new applications for projects with heights and floor area ratios (FARs) that comply with the City’s Zoning Code, which would allow them to be reviewed administratively by the City’s Planning staff to ensure code compliance. The City has the option to adopt an ordinance granting additional local incentives that would allow the following:
1. a 15% inclusionary requirement for the development of off-site affordable housing units, giving the owners more flexibility to pool off-site affordable housing units into one 100% affordable housing project to satisfy off-site inclusionary requirements for multiple market-rate projects,
2. the grant of state density bonus waivers and concessions for the market rate projects as if the off-site units were provided on-site, and
3. an increase in the Downtown Community Plan maximum parking requirement from 0.5 to 1.0 spaces per unit."
The only development not subject to the agreement is 1433 Euclid St.
In the agreement to drop multiple affordable and market rate units, they will drop litigation against each other regarding SM's leading ordinance and a violation of tenant protection legislation.
https://la.urbanize.city/post/santa-...emedy-projects
A powerpoint details the agreement.
In conclusion, 8 projects would conform to code. 3030 Nebaska Ave would be code conforming projects with <1 acre lots. 3 projects will be withdrawn without a refiling.
Of those 3 that are now gone are:
With the projects now subject to current FAR, they are allowed to also be subject to additonal density via the State Density Bonus Law.
Here is a chart of the potential lost units via the agreement (Via: Oren on Urbannize):
So in total, around 1k units will be lost but 3k can still remain under density bonus laws. With 3 of the 13 also being removed.
Other cities are following the same trends by finding agreements with developers. The opportunity to utilize Builders Remedy is also pretty much up. The chance for tall buildings may not come in SM ever, which may not be a bad thing depending on your view.