How Bill's Hotel Room Saved Some Trees

8 February 2010 - 10:00am

Bill Fulton was prepping for a panel on transferable development rights programs for last weekend's New Partners for Smart Growth conference in Seattle when he realized the hotel he was in was the beneficiary of just such a program.

Fulton writes, "I bring this up not just because it's kind of a fun thing to write about, but because it goes to one of the central questions about TDRs raised during the panel: how do you get developers, cities, and people in the receiving areas to accept additional density?

It's definitely a variation on the old notion of "what's in it for me?" Why should anybody in a receiving area be willing to accept additional density in order to preserve land a long way away?"

Source: California Planning & Development Report, February 7, 2010
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Even if the report overestimates the costs by a factor of two and underestimates the tax-benefit by a similar amount, the conclusion would be pretty much the same: destination resorts cost local government and taxpayers money.