Interesting update that could change the fundamentals of the “missing middle”-building market in this area: last week, GoRaleigh board meeting featured a presentation on the draft New Bern BRT land use plan with this surprising slide. It implies that the City intends to initiate rezoning along the New Bern/Edenton corridor later this year to enable denser residential and mixed-use developments.
If the city initiates the rezoning process, it makes it cheaper (or at least, quicker and easier) for developers to build non-SFH houses since developers won’t have to waste time making the case for rezoning places when the city implies that it wants that anyways. This map from the BRT thread shows the parcels that the study recommends to be rezoned:
The transit-oriented district (TOD) overlay will also encourage developers to include affordable units by giving them a density bonus (i.e. the right to build taller) in return. Here are the overlay locations and their height limits:
