ORD 2017 # 13 · Agenda item attachment · Dec 11 2017

FIRST PUBLICATION NUMBER 3457 City of Cambridge In the Year Two Thousand and Seventeen AN ORDINANCE In amendment to the Ordinance entitled "Zoning Ordinance of the City of Cambridge" In Article 13.00 of the Zoning Ordinance of the City of Cambridge by adding the following new section 13.59.11 after existing Section 13.59.10: 13.59.11 Floor Area Ratio and Gross Floor Area Exemptions for Up to 10,000 SF of Innovation Office Space. Notwithstanding anything appearing in this Section 13.59 or otherwise contained in the Zoning Ordinance to the contrary, up to 10,000 square feet of Gross Floor Area in the preserved and redeveloped building at l6l Pirst Street dedicated as Innovation Office Space (as defined in Section 13.59.11(2) below) shail not be counted as Gross Floor Area for the purposes of calculating allowable Floor Area Ratio or maximum allowable Gross Floor Area for the Final Development Plan, or the Gross Floor Area limitations otherwise contained in the Zoning Ordinance. (2) For the purposes of this Section 13.59.11, Innovation Office Space shall meet the following requirements: Duration of lease agreements (or other similar occupancy agreements) with individual business entities shall be for periods of approximately one (1) month. b. No single business entity may occupy more than 2,000 square feet of the Innovation Office Space approved under this Section 13.59.11. C. The average size of separately contracted private suites may not exceed 200 square feet of Gross Floor Area. d. Innovation Office Space shall include shared resources (i.e., co-working areas, conference space, office equipment, supplies and kitchens) available to all tenants and must occupy at least 50% of the innovation Office Space. Individual entities occupying Innovation Office Space may include small business incubators, small research laboratories, office space for investors and entrepreneurs, facilities for teaching and for theoretical, basic and applied research, product development and testing and prototype fabrication or production of experimental products. f. At least twenty-five percent (25%) of the Innovation Office Space shall be set aside as below market rate space. Guidelines for eligible tenants and for determining below market rent shall be prepared by the building owner and approved in concept by the Planning Board prior to the issuance of a Certificate of Occupancy for (or including) the Innovation Office 1

Space, subject to continuing review of Innovation Office Space marketing and leasing programs by the Community Development Department. The owner of the building where the dedicated Innovation Office Space is located may enter into a lease, license or other contract or occupancy agreement with a third party, whereby the third party provides (via subicase or other occupancy agreement), administers and manages the required Innovation Office Space without violating the requirements of Section 13.59.11, provided that such third party complies with the requirements of Section 13.59.11 as the same may be varied by the Planning Board pursuant to Section 13.59.11(4). The Planning Board may allow variations in the specific standards and characteristics set forth in this Section 13.59.11 by Minor Amendment to the approved Development Plan or otherwise, if the Planning Board finds that the Innovation Office Space, as proposed, will be consistent with the purposes of these standards and characteristics. Passed to a second reading as amended at the City Council meeting held on December 4, 2017 and on or after December 18, 2017 the question comes on passing to be ordained. ATTEST:- Donna P. Lopez City Clerk .........