A. Section 17.604.740, related to preservation incentives-adaptive reuse density, does not apply within the Central City SPD.
B. An applicant may elect to comply with either the density provisions of the applicable zone or the following:
1. The development project consists of the residential reuse of a nonresidential listed historic resource;
2. The adaptive reuse density applies only to that portion of the development project located within the original building envelope of the listed historic resource; and
3. The adaptive reuse density does not exceed one dwelling unit per 350 square feet of gross floor area within the original building envelope of the listed historic resource. (Ord. 2018-0013 § 8)