TDRs in Albemarle

Supervisor David Slutzy is thinking outside the box. And he wants to expand the growth-area box by 1%. It’s too late for a full analysis, so read Charlottesville Tomorrow’s excellent coverage and the Daily Progress’ as well (no longer available). I hate to admit this, but this (paraphrased) quote is from a Starbucks cup (archived: 2016) – “to be able to think outside the box, you have to know what’s inside the box.” Mr. Slutzky knows both, and this radical idea might have legs, and at least he is taking the time and effort to present solutions and options, in contrast to many stakeholders involved in the process.

What’s a TDR? – “Transfer of Development Rights.”

A TDR program for Albemarle would allow rural area landowners to voluntarily sell any unused potential housing lots as credits to landowners building in designated receiving areas.

More on how this affects the average home/landowner a bit later today, but in short, this may be a vehicle to help achieve higher density within the urban area whilst preserving the rural surrounding area.