Medical Korea is reviewing the plan to ease floor area ratio
regulations when medical institutions build or remodel lodging facilities in hospitals for foreign medical tourists and provide them with financial support or loans through a tourism promotion fund.
Despite the suggested decrease in maximum building height, the recommendation allows for the same floor area ratio
and residential units, by increasing the height of other parts of the development, specifically residential townhouses which are four stories tall in the Toll Brothers' plan, said architect John Hatheway, who discussed the borough president's recommendation at today's hearing.
Situated on Broadway between Leonard and Franklin Streets, the combined lots total 10,956 s/f and have a floor area ratio
But Two Trees' request for a total floor area ratio
of 9 -- which would require both a zoning map change and text amendment -- would set a bad precedent for development along 11th Avenue, Levin said.
Floor Area Ratio
(FAR): The ratio of the total floor area of a building to the total area of the site.
Councillors say that the new directives will have no effect till an increase in the floor area ratio
( FAR) is allowed.
The site is zoned R6B, giving the property a floor area ratio
(FAR) of 2.
The planned development results - based only on the residential building - a floor area ratio
What raised the hackles of the builders is a clause that asks them to reserve 35 per cent of houses or 15 per cent floor area ratio
for the economically disadvantaged sections of the society.
Zoned C2-4/R7A, the site has a maximum floor area ratio
(FAR) of 4.
There are also reports that the Government is presenting adequate quantity of land at "cheaper" rate with high Floor Area Ratio
(FAR) for extension and ultra-modern infrastructure.