Development Opportunity Reserve (D.O.R.) is a pre-determined development density program, whereby a City can allocate density (or increase in maximum building height, reduction in parking requirement, reduced setback requirement, etc.) to a specific project through zoning (e.g., Specific Plan) as a trade-off for community benefits provided by private investment. Projects meeting the City’s and community’s objectives may receive D.O.R. allocations in exchange for implementing identified priority public improvements (e.g. infrastructure, parks, public facilities, other).
The use of zoning incentives/allowance through a D.O.R. primarily benefits a developer/investor instead of solely rewarding passive property owners:
- Enables additional density to be managed and allowed by the investor/developer based on a proposed project, via zoning strategies
- Additional density awarded for projects that provide contributions toward, or implement infrastructure and/or community amenities, from a pre-approved list of D.O.R. projects
- Enhances the targeted objectives of a Specific Plan because it controls the amount and allocation of additional density on a project or site specific basis
- Can be used for all project types: Hotel, Retail, Office, Blended-Use, Residential
Achieves community support because additional density is allowed when a community benefits directly, and community can work collaboratively to establish a D.O.R. list of public improvements and amenities.
Kosmont Companies can help you determine if your City should be using D.O.R. as an economic development program, and/or has an area that would be enhanced by its utilization.