The bill would also require major cities in California to permit high-rise residential buildings.
A downtown density bill that would require 7 California cities to permit high-rise residential buildings is headed to Gov. Gavin Newsom’s desk. The bill is part of a “larger effort to increase housing density in the state to meet a goal of 2.5 million new homes by 2030,” Ryan Kushner writes for Smart Cities Dive.
“AB 2074 requires major cities with transit to establish regional transit hub districts, areas with at least one transit-oriented development stop where the city must allow residential building height limits to be set at a maximum of at least 150 feet. Residential buildings with a maximum height of at least 450 feet would have to be allowed in at least 25% all regional transit hub districts in a city,” Kushner writes.
If signed, the bill will impact cities with at least two transit stops and a population of at least 400,000 people, which includes Los Angeles, San Diego and San Francisco. The bill would also “trigger a housing construction loan and financing study by the California Housing Finance Agency,” Smart Cities Dive reports.
Read the full story: More high-rises could be coming to 7 California cities under housing density bill
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