5.12 Additional Density Factors
As an incentive to achieve public benefits or
amenities, City Council may consider providing density bonuses,
density transfers or gross floor area exclusions. Such incentives
may only be approved through a Zoning Amendment process with a
Public Hearing. Density transfers require a registered covenant on
all affected properties confirming that the transfer has occurred.
The following additional density factors may be considered:
5.12.1 Affordable and Rental Housing
Consideration
In medium and high-density areas (Levels 4 through
Town Centre), Council may approve additional floor area, density
transfers, or floor area exclusions, if there is a commitment to
provide affordable or rental housing.
5.12.2 Heritage Consideration
For the conservation of inventoried heritage
buildings in any density level, Council may approve additional
floor area, exclusion of existing floor area, or transferring
floor area to another site.
5.12.3 Adaptable Design Consideration
In medium and high-density areas (Levels 4 through
Town Centre), Council may approve additional floor area for the
construction of dwelling units that are built in accordance with
the City’s Adaptable Design Guidelines Level 2, or Level 3.
5.12.4 Community Amenity Space Consideration
For the construction of community amenity space
that is dedicated to public use within a private development,
Council may consider a density bonus, floor area exclusion or
density transfer.
5.12.5 Environmental Considerations
For the enhancement of the environment through natural habitat
enhancement/preservation or high efficiency ("green") building
designs, Council may consider a density bonus, floor area
exclusion or density transfer.