Question: 6 Physical Feasibility - Development A broker offers you 14 acres (1 acre equals 43,560 sq ft.) of land for an apartment project. The zoning

6

6 Physical Feasibility - Development A broker
Physical Feasibility - Development A broker offers you 14 acres (1 acre equals 43,560 sq ft.) of land for an apartment project. The zoning restrictions are as follows; Zoning: "Setback requirement 25% of land. Circulation: 20% of land. Maximum units per acre: 26 apartments with a weighted average of 1,250sq. ft. Parking requirements: 1.2 spaces per unit @400 sq ft. per space. Open space, berms, landscape, support area: 1 acre per 364 units. Maximum building height: 4 stories. Suppose you would like to build a 364 apartment complex with an average apartment size of 1,250 sq. It. Estimate Net surface available for the footprint of a building giving zoning restrictions. (4 points) O 117,132 sq. ft. O 121.968 sq. ft. O 609,840 sq. It. 152,460 sq. It. 105,096 sq. ft. 291,852 sq. n

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!