This Week: TDR Changes and Commission Vacancies
9/10/2010 - Andrew J. Junius, John Kevlin
Transferable of Development Rights (TDR) Changes in the Works
Next Monday, the Board of Supervisors Land Use and Economic Development Committee will hold a hearing on a proposed ordinance that would make some substantial changes to the way TDR sales are treated.
TDRs were created when the Downtown Plan was enacted in 1985. A survey done in conjunction with the plan rated buildings in the downtown area from I to V, based on their historic importance. Buildings rated “significant” or “contributory” had significant development restrictions placed on them. In exchange, owners of these properties were granted TDRs, measured in the…
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New Energy Reporting Requirements Likely For San Francisco Commercial Buildings
8/23/2010 - Kevin Rose, Lindsay Petrone
Mayor Gavin Newsom and Supervisor Bevan Dufty recently proposed an energy efficiency ordinance which would impact “nonresidential” buildings in San Francisco. While the City has already established high environmental performance standards for new construction, it has yet to do the same for existing buildings. According to the ordinance, building energy use accounts for 63% of the City’s carbon dioxide emissions. The ordinance purports to reduce citywide carbon dioxide emissions by more than 70,800 tons within the first five years after its adoption while also providing the private sector with a net present value exceeding $600 million dollars. Most significantly, the…
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