On February 1, 2017, an inclusionary zoning ordinance came into effect in Portland, mandating that all new residential projects with 20 or more units dedicate a portion of the building to affordable housing. For the first year, the requirement was 8% of all units for households earning 60% of the Area Median Income or 16% of all units for households earning 80% of the AMI. I'm not sure if it was or is possible to do a blend of the two income levels. After the first year, the requirement was supposed to step up to 10% and 20% of all units, respectively. But that step up was never enacted, which had many industry analysts arguing that it was a clear signal the ordinance was not performing as intended. According to Joe Cortright of City Observatory (which is based in Portland), the new ordinance largely resulted in 3 things happening: (1) Developers rushed to get new applications in during the transition period so that they would not be subjected to the new IZ rules; (2) applications increased for projects with less than 20 units (avoid the rules by building smaller); and (3), following the initial transition surge, building permit applications, as a whole, dropped off. This last point is what usually comes up in debates around inclusionary zoning. Does the requirement to build affordable housing actually reduce overall housing supply? I've written about this before, but the math is pretty simple. Inclusionary zoning policies are a drag on revenue and a direct cost to the project. What that means is that something else will need to give in order for the numbers to balance. That could come in the form of lower costs (such as an impact fee abatement) or in higher rents on the balance of the units. But this latter approach is easier said than done. Sometimes you need to wait for the market to "catch up", which could be what some developers in Portland are doing. They're waiting for housing to get more expensive -- overall -- so they can then offset the pro forma drag from the affordable units.
Junction House won "Best Innovative Suite Design" at the 39th BILD Awards (2019) last night. A big congrats to the team. Below is the floor plan that won. It is a 2 bedroom suite from our two-storey House Collection (JH_2B_H1).
This design is fundamental to Junction House. It is why the project is called what it is. The goal was to create a suite that felt less like a condo, and more like a low-rise single-family home. Credit to Superkul Architects, and the rest of the team, for figuring it all out. There was a long list of requirements.
We wanted dedicated kitchen (+ island), dining, and living areas. (The living area is also wider than what you'd typically find.) We wanted a terrace with (standard) water and BBQ connections. We wanted the bedrooms upstairs for privacy/separation. We wanted both of them to have direct window exposure. And we wanted a master ensuite bathroom with a double vanity.
The House Collection includes some of my favorite suites in the building, which is why -- full disclosure -- I'm going to be moving into one of them. If you'd like more information about Junction House, reach out to Paul Johnston and his team at info@junctionhouse.ca or at 416-900-6076.
Today I stopped by the Exploring KING exhibit that is currently on at 134 Peter Street. It is an exhibition celebrating the design of KING Toronto.
It explains how the design came about. Note all the different unit layouts on the floor.
It includes (foam) study models that go as far back as 2015. That's four years of design iterations.
It has samples of the glass blocks that will be used on the building's facades.
Related article: Glass blocks, that staple of 1980s kitsch, are trendy again. Sorry, it's behind a paywall.
It has a VR setup that allows you to explore the building's inner courtyard. It's going to be a fun space.
And there's even a KING Toronto candle for sale. (Aromatic woods with spicy overtones.)
I thought the overall exhibition was very well done and I am thrilled to see architecture and design so front and center. It is an exciting time to be living in this city.