Maximum Development Residential Units definition
Examples of Maximum Development Residential Units in a sentence
Affordable housing shall not be counted against the Maximum Development Residential Units within the Project.
Holdings may allocate the Maximum Development Residential Units among any Subdivision or any Commercial Site Plan within the Project and may develop such Parcel(s) at a density that exceeds the Average Density so long as the density, does not to exceed 20 units/acre unless otherwise approved by the City, allowed under the MDA, calculated in accordance with the provisions of this MDA, is not exceeded for the Property as a whole, notwithstanding the maximum gross density permitted under the Zone.
Except as may be otherwise augmented hereinafter, Property Owners shall be entitled to and are vested with the right to develop and construct the Maximum Development Residential Units on the Property and to the other Intended Uses specified in the Zoning Ordinance, and the Master Plan (collectively, the “Entitlements”).
Holdings may allocate the Maximum Development Residential Units among any Subdivision or any Commercial Site Plan within the Project and may develop such Parcel(s) at a density that exceeds the Average Density so long as the maximum density allowed under the MDA, calculated in accordance with the provisions of this MDA, is not exceeded for the Property as a whole, notwithstanding the maximum gross density permitted under the Zone.
The new Capital Facilities Plan shall in no way limit or reduce the Maximum Development Residential Units authorized under this MDA; change any land uses or permitted uses of the Project; limit or control the rate, timing, phasing or sequencing of the approval, development or construction of all or any part of the Project in any manner so long as all applicable requirements of this MDA and relevant sections of the Zoning Ordinance are satisfied.