- 14 - Table 2 Buildable Area Maximum Permitted Sq. Footage Net Floor Area Covenant Gross Net Sq. Footage Library Tower Parcel 69,277 55,600 1,300,000 Garage Plaza Parcel 75,000 75,000 6,0001 Grand Place Tower 60,550 52,500 1,200,000 Parcel One Bunker Hill Parcel 30,384 30,400 240,000 Central Library Parcel 147,211 147,211 361,000 1With a building footprint up to 3,000 square feet. E. The Library Tower and Grand Place Tower Variations MTP’s obligations under the OPA were conditioned on issuance by CRA to MTP of variations under section 437 of the CBD Plan permitting the Library Tower and Grand Place Tower buildings to be built. Section 437 of the CBD Plan provides that no variation issued by CRA is effective until any necessary zoning changes have been obtained. The Library Tower and Grand Place Tower variations issued by CRA to MTP were not effective until the MTP Designated Building Site Application had been approved by the City. On June 17, 1985, CRA adopted resolution No. 3548 to permit MTP to exceed FAR limitations in developing the Library Tower building, the Garage Plaza underground parking garage, and the garden plaza. In conjunction with Ordinance No. 159802 and the MTP Designated Building Site, this variation increased allowable floor area by 413,900 square feet, permitted MTP to develop the Library Tower building with floor area up to 1.3 million squarePage: Previous 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Next
Last modified: May 25, 2011