"Transfer of development rights agreements" (so-called TDRs), which can
be used to compensate owners for the development potential of their
open land, have emerged as a promising tool for controlling suburban
sprawl.Transfer of development rights agreements are being implemented,
in various ways, all across the country.However, there are many
unanswered questions concerning the goals and consequences of these
mechanisms; among them, how markets are created for transferred
development rights and how higher densities in receiving areas can be
accomplished. These issues were the focus of a conference, convened in
1998, that brought together land use professionals, developers and
public officials who have designed and utilized these systems in the
New York Metro area and elsewhere in the country.This final report
summarizes the research and important lessons learned from this effort.
Transfer of Development Rights for Balanced Development (PDF 400 kb)
Transfer of Development Rights for Balanced Development (PDF 400 kb)
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