Downtown Mixed Use Generates More Than 30 Times The Tax Revenue of Malls

Sarasota County, Florida finds that one mixed use building generates 36 times the property taxes per acre as the region's largest high end mall. Mary Newsom reports that "evidence is piling up to show the benefits of compact, in-town development."

1 minute read

July 15, 2010, 2:00 PM PDT

By George Haugh


"From a fiscal standpoint, this really puts hair on your chest," said Sarasota County Director of Smart Growth Peter Katz. His team analyzed other revenue data, and worked out the payback times for big infrastructure costs involved with new developments. "The payback time for a mixed-use condominium building in the heart of downtown was three years," compared with 42 for a multi use project at a highway interchange.

Sunday, July 11, 2010 in Citiwire

Large blank mall building with only two cars in large parking lot.

Pennsylvania Mall Conversion Bill Passes House

If passed, the bill would promote the adaptive reuse of defunct commercial buildings.

April 18, 2024 - Central Penn Business Journal

Rendering of wildlife crossing over 101 freeway in Los Angeles County.

World's Largest Wildlife Overpass In the Works in Los Angeles County

Caltrans will soon close half of the 101 Freeway in order to continue construction of the Wallis Annenberg Wildlife Crossing near Agoura Hills in Los Angeles County.

April 15, 2024 - LAist

Workers putting down asphalt on road.

U.S. Supreme Court: California's Impact Fees May Violate Takings Clause

A California property owner took El Dorado County to state court after paying a traffic impact fee he felt was exorbitant. He lost in trial court, appellate court, and the California Supreme Court denied review. Then the U.S. Supreme Court acted.

April 18, 2024 - Los Angeles Times

Pedestrians crossing a busy crosswalk on New York City street with tall buildings in background

New York’s Deadliest Neighborhoods for Pedestrians

Pedestrian deaths rose last year, but remain below pre-2020 levels.

50 minutes ago - PIX 11

View of downtown Seattle with Space Needle and mountains in background

Eviction Looms for Low-Income Tenants as Rent Debt Rises

Nonprofit housing operators across the country face almost $10 billion in rent debt.

April 23 - The Seattle Times

Rendering of Brightline West train passing through Southern California desert

Brightline West Breaks Ground

The high-speed rail line will link Las Vegas and the Los Angeles area.

April 23 - KTLA

News from HUD User

HUD's Office of Policy Development and Research

Call for Speakers

Mpact Transit + Community

New Updates on PD&R Edge

HUD's Office of Policy Development and Research

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.