Development Opportunity Reserve (graph)

Development Opportunity Reserve (D.O.R.)® is a service provided by Kosmont Companies that enables a City / County to create a “density bank” which 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 / County 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 based on a Specific Plan / General Plan allocation:

  • Enables additional density to be utilized by the investor / developer based on a proposed project who can apply to the DOR bank for an allocation of pre-approved density
  • Additional density is awarded to projects that provide contributions toward, or implement infrastructure and / or community amenities, from a pre-approved list of D.O.R.® amenity / infrastructure projects (or as negotiated)
  • 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
  • D.O.R.® can be used for all project types: Hotel, Retail, Office, Blended-Use, Residential

Achieves community support because additional density is allocated 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.