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Originally Posted by RED_PDXer
A big 'NO' to the 300% increase in parks fees for commercial developments. We need more jobs in the city, not less. This just adds to the reasons why a developer would choose to build office space in the burbs than the central city.
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That's an interesting point, although it is worth noting that the suburban jurisdictions charge SDCs too. For instance, Wacom is taking up 56,000 sq ft in Pearl West with plans to bring 300 employees there. Were the developer charged under the 2015 methodology they'd pay 56,000 x $2.37 = $132,720. If they were in the Tualatin Valley Parks & Rec district they'd
pay $167 per employee, or $50,100. I'm not in commercial real estate, so I don't know if that represents a tipping point. Given that the difference is probably less than the total compensation one employee receives in a year, my guess is that's not. (And if I'm recalling correctly Tualatin Valley Water District charges SDCs that are eye wateringly large compared to the ones the Portland Water Bureau charges).
Quote:
Originally Posted by RED_PDXer
Given that we're unlikely to see new parks in the central city, this makes absolutely no sense.
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Parks has the following capital projects planned in the
Central City SDC sub area: Ross Island Bridge Park; remaining South Waterfront greenway gaps between SW River Parkway and Gibbs, SW Gaines and Bancroft, and at Benz Springs; Buckman Community Center; Park Block 112 (in front of the new PNCA); and the Conway Park at NW 20th & Pettygrove.