As previously discussed, the Urban Business overlay district modifies the underlying M-FW zoning in many ways that are more conducive to the form appropriate to an urban neighborhood. However, further modifications are appropriate to organize development around the light rail station and to promote the particular vision for this Sub-Area. Analysis of form is set forth in the chart below. There are separate volume, value and revenue estimates for each of two projections. The West Branch Alternative projection assumes 5.9 million square feet of new floor area from 2001 through 2030 for Sub-Area Four.
More floor are is for office space than any other use, followed by hotel and residential space.
The high volume of hotel space depends on the convention center and continuing expansions of the center and office uses. Sub-Area 4 will have 9.1 million square feet of new floor area from 2001 through 2030. It assumes more office and residential use than the West Branch Alternative. Rail transit is expected to activate development of the northeast quadrant, which may otherwise be the least used part of the Urban Center. The same hotel floor area volume is assumed for both projections, as hotel volume is more linked to the convention center and highway access than to transit.