Higher Fees Drive Developers to Outskirts

In Corpus Christi, Texas, a park development fee on inner city properties has developers crying foul, claiming it discourages development in inner cities where it should be encouraged.
March 20, 2010, 11am PDT | Tim Halbur
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Sara Foley writes, "For the past two years, apartment developers have been charged two types of fees aimed at creating park space before they could build. One fee charges them $200 per unit and the other requires them to either donate 1 acre of nearby property for every 200 units they build or pay the city a fee based on how much 1 acre of nearby land would cost."

A proposal goes before the Planning Commission and City Council next week to cap the fees at $62,500 per acre.

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Published on Wednesday, March 17, 2010 in Corpus Christi Caller-Times
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