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<br /> DON'T O V ERLOO :t• ;,•
<br /> BENEFITS W HEN FIGURING ti••
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<br /> fCOSTS OF •:�t:,
<br /> revenues that fx•rtefit the existing
<br /> NEW CON community, the reps[[[ finds.
<br /> "1-he study, named for project di- :'
<br /> STRUCTION
<br /> i;,,�' ',•• � _ rector Dr. !)avid Listokin, showed
<br /> that for a four-bedroom house, the '
<br /> What does
<br /> projected city operating cost is ,! •
<br /> 1 CS it new house mean I(, 334 1
<br /> ;t year. •Ibtal debt amortva-
<br /> ''t ;;. ''�;;,,:'t•;::'.•,'�' a community? It means honlcotl'n- lion for the in(i:istructure to serve•:,,,,.'.,1,4,. ::j:::,.;:;)..;:,.:,.....:.,.,..:,..,...: ers who will spend money in local this house (including a new city 'a r,�,,•
<br /> '�,•:.:- '';�' 'f•';',` shops (and more retail sales taxes hall
<br /> yy ,ti..
<br /> ; for government to police department and all ?;,
<br /> : ill ::4 g o collect), acldi- streets) will be $294, 7
<br /> y tax ,.,•
<br /> ,' ��, tional proper[ taxes and job the c Total cost n,
<br /> 'y ;f` : :. ,;';`' • j i lion. acrca- th city on an annual basis, then ; `;
<br /> is $1128. At existing tax races, the ;:;<?r.;•
<br /> � ., ,:-.1 :', annual r eve nee ft '"
<br /> ,.,.f';'••t ys,j ,t { �'i tip• I alive with evidence is orTl this house •Y• r
<br /> it•.,., , �. , i e idence of growth— the city wit! 181—producing to t. I`r:'
<br /> 0,e'r 1.:t' :6;:1',:;';.,','::'..;i : A dr t new streets, a new city Iii II, n r, Y i s , to thcit .
<br /> (; • ;'; : ':; fire stations, new schools, new a $a3 ;ulna;[) surplus to the city. (t,;i
<br /> %:'; r t,'• •„f•:-.•I :;.d ti; C 1'o1• eV 1 '•''`"'•;`�'':''.i:' :••::;.;; ;f '• 1••:-' stores and, every 1000 square feet of '
<br /> •;; t _� t yes, traffic. retail space in a medium-size :`'
<br /> ' : .i i ' • Development does T-size ,0 t•�i:f;;..'i.'.• r' ii:;., ,„.„ .f.' ,i: . .ezu develop- quire csuppottiny;cscrv_ ping center of 5U,QU0 to 100,0 0 �:
<br /> "`'•: '' ' ices. feet, the city will realize ;►
<br /> L ug-iinrctcsiderttsolr, $328. 'Thus, a 70,000- '•'
<br /> ' '-:.:r.`: . • square-foot neighborhood shop- --.
<br /> ':: .,,:�.:. ?�aents mitagate traffic community might see ping
<br /> ' only overcrowding i area will produce a $22,960 ,.r
<br /> yy and annual benefit to the city.
<br /> , '' '. • . higher taxes. But ;( new
<br /> ; Each 1000 square feet of r•e-
<br /> tie-ups. And growth studylranafyriny; I lu• costs gional office space produces an an-
<br /> .enelitc of ( toa1'th• Waal bench[ of $153. Even a Sillill
<br /> dciiv1i5 50111e Sttt prising of lice of 8000 square feet gives the
<br /> • . • returns cash to a conclusions, . . city tt benefit of n
<br /> $1229 r
<br /> ` on an an-
<br /> A Rutgers U(iivctsity mural basis, the study finds.
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<br /> study of the Chicago sub- The study also shows a develop
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<br /> city S coffees orb of Naperville, shows
<br /> [Went of 1001) housing units and a
<br /> that growth more than 70,000-scluatc'-fi>rll shopping area
<br /> pays !in its[ lf, hr tart; it will I>rochu'< a profit to the thy,
<br /> even produc'cs sin plus evert with new infrastructure.
<br /> '•. '... Do Communities Allow
<br /> How They llo It ,•Inlovative Land Development Techniques? Du I
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<br /> '; �;S3.L't/'�`rit i�'i°Fi�iil:L,`•qu�ift
<br /> R? J t:.
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<br /> :1:.';' :ra w,:?��1:.•al41Y.' ':;.,'I:�;:r;,
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<br /> ,t,...- `r4„tom-}..IIt.G 114 .tYt:3:it''d"•, ,, i • I�' •
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<br /> 1; :j ;t tti r ot40�:°t;:i'ii:i.(r. - . ; f —
<br /> l.: r: "'rifby�,��( i Sit' ` r> ! j J'
<br /> Y;wi,M f:l"(f`ai't:f��.y'r`i:
<br /> ..s J .twit Y'.F'`'•�E t�:v.'t:,�,(.�� ;' '
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<br /> ! ti 's iC Ye f• •
<br /> 4 t,. L�,1!;•;t„r'iir.4l::' s 609'0 3U
<br /> I'tltt Zera-tot
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<br /> ntatter
<br /> Source;National Association of/tome Clusters
<br /> lorue l3nilrlers serve•of file lots
<br /> California builders.
<br /> ) f 1300 Safer,r: A"n/i ti/,j .1 rsor iafinJr nj/Thrill, Builders survey of 1300 •
<br /> C:ulifbruirt huilders.
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<br /> 190/PROFESSIONAL BUILDER OCT 1088
<br /> MIIMMIIIKIElar
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