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Updated about 4 years ago on . Most recent reply

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Rob Bergeron
  • Real Estate Agent
  • Louisville, KY
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Potential Major POSITIVE Zoning Changes in Louisville!

Rob Bergeron
  • Real Estate Agent
  • Louisville, KY
Posted

https://www.courier-journal.co... of the things here seem pretty significant! I've talked about this quite a bit on See You at Noon. Look to Oregon to see how big this is! ►Allow property owners to build an accessory dwelling unit, including an accessory apartment, without getting a conditional-use permit.
►Permit duplexes outright on properties that are zoned multi-family to increase housing options and affordability. Currently, density restrictions can prevent duplexes from being built.
►Eliminate floor area ratio regulations, which determine what size a building can be on its lot.
►Increase zones where multiplex dwellings, such as triplexes and fourplexes, are permitted.
►Identify obstacles to tiny home development and create amendments to address those issues.
►Identify areas appropriate for higher density residential use, where more units can be built per acre, such as areas within walking distance of public transport.►Review overall organization of land development code to improve function and usability.

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Rob Bergeron
  • Real Estate Agent
  • Louisville, KY
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Rob Bergeron
  • Real Estate Agent
  • Louisville, KY
Replied
Originally posted by @Doniel Winter:

@ Rob Bergen: what are property developers and builders thinking the likely impact will be? Asheville adopted something similar in 2017, with similar goals, any it didn't move the needle at all on small developments, largely due to fairly onerous building/development requirements (fire safety/open space/tree save/parking) once you exceeded a certain number of units. With the little land available for development here close to the city center, the returns on high end luxury SFR are far greater than small multi-family, unfortunately. I think allowing short term rentals in accessory units might have an impact but our city won't allow it.

We allow owner occupied airbnbs and they won't be able to get rid of them anytime soon due to everyone renting out their homes for Derby. I think it will give us more affordable housing and allow people to add mother in law suites for rentals and airbnb. They can also add these on basically any single family homes. I expect this to have a major positive effect. Currently 1,016 single family homes on the market...compared to seven years ago, when I started as a realtor, we had 5,000.

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