SC-3, allows for both commercial and multifamily uses. Under the future land use map, this site is Waterfront / Downtown Business District, providing additional density based on the land use. Downtown continues to experience strong redevelopment and new, large-scale multi family projects are added along Lake Monroe. The SC-3 district is intended to provide a planning and management framework for promoting development and redevelopment within the core of the Downtown Commercial Area, the central business district, including the Lake Monroe waterfront, the historic downtown commercial area, and its environs as designated on the Future Land Use Map Series. As such, the parking standards of Schedule H shall not apply to existing buildings in this district as of the date of adoption of these revisions to the land development regulations. II-4 Ord. 4337 03/23/2015 In the SC-3 district, the maximum intensity of development measured as a floor area ratio is 2.0 east of U.S. 17/92 and .35 west of U.S. 17/92 for commercial development. The maximum density of residential development is 50 units per acre.