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downzone |
Also found in: Financial | 0.02 sec. |
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| Local goverments will use downzoning and other ordinances to pressure owners into selling property at a vastly reduced price," said Kevin Spillane, spokesman for the Yes on 90 campaign. Creel says the intent is preventing local government from downzoning to say three or 50 units once plans are filed. Sillerman, chair of the land use group at Rosenman & Colin, says that while the so-called Unified Bulk Program Zoning Text Amendment does not change the floor area ratio or FAR of area, when applied, in a lot of instances, it has the same effect as a downzoning. |
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