Quote:
Originally Posted by GoldenBoot
Once again, our faithful idiots at City Hall finally got rid of CURE zoning in an additional effort to secure more money for affordable housing. Say goodbye to dense, tall, downtown development!!?!!
http://www.bizjournals.com/austin/bl...-the-ddbp.html
I hope this can be overturned when the new, 10-1 council takes over. I'm worried about the adverse affects this is going to cause new developments in our CBD. |
DDBP is not great and it will have a chilling effect, but it's not the death knell everyone thinks. Those multi-million dollar numbers everyone keeps throwing around are the MAXIMUM the City can get under DDBP. Everything is negotiable and the City is not going to get the maximum every time. To hold fast on that would indeed put an end to dense development. That's not what the city wants.