Tax revenue-per-acre figures for big box developments are only slightly higher than residential developments, and not as high as mixed use project, according to this column from Mary Newsom.
"Sarasota County Director of Smart Growth Peter Katz, speaking to a meeting of Citistates Associates here late last month, described a recent analysis of the county's property tax revenue per acre. He pointed first to residential areas. Not surprisingly, when you work the numbers on a per-acre basis, residential property inside the county's municipalities offered the biggest revenue per acre - a little more than $8,200 per acre for single family houses within the city of Sarasota. This makes sense, as in-town land values tend to be higher.
Next, Katz showed the results from retail properties. Here comes surprise No. 1.: Big box stores such as WalMart and Sam's Club, when analyzed for county property tax revenue per acre, produce barely more than a single family house; maybe $150 to $200 more a year, Katz said."
These findings challenge conventional wisdom, according to Newsom. More surprising is that mixed use developments produce even higher tax revenue-per-acre.
FULL STORY: Multi-Use Downtown Development Puts Standard Malls’ Tax Yield to Shame
Big Box Retail Owners Ask For Stacked Housing
The two owners of a traditional 8-acre strip, big box retail center in San Francisco have asked for an amendment to the neighborhood plan (undergoing revision) to allow them to add housing on top of their stores, thus doubling the height limit.
Downtown Los Angeles Gears Up for Growth
A new report highlights Downtown L.A.’s ongoing revival through major housing projects, adaptive reuse, hospitality growth, and preparations for global events in the years ahead.
The Simple Legislative Tool Transforming Vacant Downtowns
In California, Michigan and Georgia, an easy win is bringing dollars — and delight — back to city centers.
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
In Urban Planning, AI Prompting Could be the New Design Thinking
Creativity has long been key to great urban design. What if we see AI as our new creative partner?
King County Supportive Housing Program Offers Hope for Unhoused Residents
The county is taking a ‘Housing First’ approach that prioritizes getting people into housing, then offering wraparound supportive services.
Researchers Use AI to Get Clearer Picture of US Housing
Analysts are using artificial intelligence to supercharge their research by allowing them to comb through data faster. Though these AI tools can be error prone, they save time and housing researchers are optimistic about the future.
Making Shared Micromobility More Inclusive
Cities and shared mobility system operators can do more to include people with disabilities in planning and operations, per a new report.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
planning NEXT
Appalachian Highlands Housing Partners
Mpact (founded as Rail~Volution)
City of Camden Redevelopment Agency
City of Astoria
City of Portland
City of Laramie