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Planning director: about 700 transferable development rights identified earlier; too soon to assess program change impact
Summary
Director of Planning and Zoning Paul Connor told the council that roughly 700 transferable development rights (TDRs) were identified in a 2019 evaluation, with about 40% historically held by land‑trust interests; Connor said it is too soon to measure the effect of recent changes to the TDR program on market uptake.
South Burlington — The City’s director of planning and zoning updated the City Council on the transferable development rights (TDR) program and said a fuller assessment of recent changes is premature.
Paul Connor said a 2019 evaluation identified about 700 TDRs and that about 40% of those were held by Vermont Land…
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