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Old Posted Jan 11, 2017, 5:58 PM
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Jdawgboy Jdawgboy is offline
Representing the ATX!!!
Join Date: Jan 2003
Location: Austin
Posts: 4,606
Wouldn't it be better (in this particular instance) to have the extra density? Affordable housing is very important but in some ways the developers are taking a loss. No, it shouldn't be about how much money they will ultimately make when it comes affordable housing but if the community demands more affordable housing, which is badly needed, then the developers have to offset that need with added density/square footage for office and retail or the project will become less viable. Or and I totally off?

I'm not well versed in how these sorts of deals are made and I may be missing out on other aspects such as incentives given for adding affordable housing but I figured someone here could annswer my questions.
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