Land use regulations are slowly evolving. Here's an overview of what you need to know from a real estate development standpoint.
In my previous blog “Today’s Commercial Real Estate is the NBA of the 1990's”, I gave a brief introduction to Form-Based Zoning Codes and promised to delve deeper into this term in a later blog. Here we go.
Form-Based Zoning: “A form-based code is a land development regulation that fosters predictable built results and a high-quality public realm by using physical form (rather than separation of uses) as the organizing principle for the code.” — formbasedcodes.org
What does this even mean?
As more and more counties adopt modern Form-Based Codes, real estate development will continue to trend towards more walk-able, mixed-use spaces.
“A form-based code is a land development regulation that fosters predictable built results and a high-quality public realm by using physical form (rather than separation of uses) as the organizing principle for the code.”
A form-based code is a set of zoning rules that encourages development by reducing regulatory uncertainty. This code is more focused on how buildings within a development relate, reinforce, and complement each other. While still important, the code is less focused on the individual use and design of each building.
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