Development Opportunity Reserve (D.O.R.) is a pre-approved development density pool, whereby a City can allocate density to a specific project through the Conditional Use Permit (CUP) process. Projects meeting the City’s objectives can receive D.O.R. allocations if they are willing among other things to implement identified special projects on the D.O.R. Project List (e.g. infrastructure, parks, traffic improvements, other).
The use of zoning incentives/allowance through a D.O.R. primarily benefits a developer/buyer instead of solely rewarding the existing landowner (unless potentially, the landowner is a willing developer):
- Enables additional density to be allowed by the buyer/developer based on a proposed project, instead of giving away density to existing owners via a typical Specific Plan upgrade in zoning
- 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, Mixed-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 tool, and/or has an area that would be enhanced by the utilization of a D.O.R.