The Wolfe family has owned and operated business and properties in Park City since the early 1970s, we currently own the Sports Authority building and are partners in other properties in the Bonanza Park. In total we have approximately 10 acres or 10 percent of the proposed area of change.
Form Based Code seeks to turn a suburban area into an urban area. Is that the right idea for a suburban historic ski resort town?
The planners are pushing the benefits of FBC but when queried do not offer disadvantages to such a plan. I would like to point out the following that developers in other cities have told me about:It is confiningIt curtails public debate and inputIt is expensive to produceDoes not address non-urban development plans adequatelyIt is incomplete and uses unnecessary jargonTries to much – not always limited to contextIt will take many years before any of the supposed benefits will be realizedIt will hurt property values in the short runIt will cause rents to increase in the long runIt will be a burden on the city to maintain the roads and plow snow, 25 percent of the land is new roadsIt breaks up large parcels severely limiting the type of developmentIt will leave the city open to lawsuits by existing property ownersIt will increase the current density when built out by 100 percentIt can cause lenders to withdraw or increase ratesContaminated soils will be disturbedUnderground parking and structured parking is expensiveBecause of the expense affordable housing will not become available
The Form Based Code vision for Bonanza Park includes the following which already exist:Bonanza Park is a vibrant neighborhoodLocal businesses are encouraged and thrive (Due primarily to low rent)There are already opportunities in the district for a range of housing typesIt is already a multi-generational neighborhood
Several other of the vision items can be achieved without FBCConnectivity of the streets and pathwaysIncreased transit opportunityGuidelines that improve aesthetics
The city should be an advocate for those people who own property in Bonanza Park, I don’t know of any current property owner that is in favor of this change. The property owners feel it is not broken why fix it?