Formula for calculating maximum Two Towers height
How is the maximum allowable height calculated for the 2 proposed towers on the Trader Joe's property (at 5727 College Ave) according to recent legislation such as SB 79, SB 130 and SB 330? Albertsons/Align dba Rockridge Property Owners, LLC submitted a SB 330 vesting preliminary application.
The multiplier is applied to the unit allowance, and the unit allowance comes from the lot’s square footage, not from the height limit. Height is downstream: if a height limit would block the units a developer is entitled to, State density bonus law lets them waive it.
The planning code stipulates 1 unit per 200 sq. ft. as the maximum density for the TJ’s zoning, CN-2. Therefore, 67,201 sq. ft. divided by 200 = 336 regular dwelling units for this site.
Adding in the 20% density bonus, 1.2 x 336 = 404 regular dwelling units for this site.
They are proposing 415 units. It seems likely that the other 11 units are efficiency dwelling units such as the memory care units, which have a different multiplier.