3. PROPERTY TYPES IN LORETO BAY

SECTION 3 – PROPERTY TYPES IN LORETO BAY

3.1 Village Home Properties

Village Home lots are in Founders and Agua Viva neighborhoods and were originally designated to have a specific model "Village Home" built on them. These home models include residential use and mixed-use models, such as the “Altas" and “Tiendas del Artes".

Owners of properties without a finished structure may apply for:

a. Approval to build the Village Home model originally planned and contracted for the site.

b. Approval to build a Village Home model originally planned for this site, with modifications to the plans or elevations.

c. Approval to build a Village Home model other than the one originally planned for the site or a custom home design. This application will be reviewed as a Custom Home, although some exceptions to site coverage will be considered. Review of the proposed project must include full consideration of the original intent for the structure on the site and the impact of the proposed changes on the privacy and spatial openness of neighboring homeowners.

d. Approval to build a single home on two adjacent Village Home lots. Such an application will be reviewed as an application to build a Custom Home. Review of the proposed project must include full consideration of the original intent for the structures on the two sites and the impact of the proposed changes on the privacy and spatial openness of neighboring homeowners.

3.2 Custom Home Properties

Custom Home lots are properties in Founders and Agua Viva neighborhoods that were originally designated to have Custom Homes designed and built on them. These properties will have homes that are designed to address the specific issues of the site. Homes in these areas must be varied in plan, exterior appearance, and material use. “Village Home” plans are not permitted unless modified to meet the requirements of these Design Guidelines.

3.3 Village and Custom Home Properties on Canal Lots

Village and Custom homes on Canal lots are found in Agua Viva. These properties will have homes that are designed to address the specific issues of the site. Homes in these areas may be varied in plan subject to structural requirements to accommodate the proposed footprint.

3.4 Multiple Unit, Multiple Use, and Commercial Properties

There are several properties within the Founders and Agua Viva neighborhood that had been designated for condominium, multi-use or commercial development. All structures and landscaping in these areas must be designed to meet the general principles and spirit of these Guidelines.

3.5 Common Areas

Common Areas are owned in common by the property owners and administered by the Master Condominium and Sub-Condominium Regimes. They include all streets, plazas and common courtyards, as well as amenity areas such as swimming pools and washrooms. All structures and landscaping in these areas must be designed to meet the general principles and spirit of these Design Guidelines.