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Municipal Return On Investment

A brief article discussing how form of development impacts municipal return on investment, and community's ability to fund services.

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robert voigt
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13K views5 pages

Municipal Return On Investment

A brief article discussing how form of development impacts municipal return on investment, and community's ability to fund services.

Uploaded by

robert voigt
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
Municipal World [CANADA'S MUNICIPAL MAGAZINE SINCE 1894 MAY 20S Supporting success for newcomers ‘Measuring ROI on. new development | Politics, planning, and civic engagement Challenges to reaching 100% renewable [Link] $7.95 Reframing the Discussion on New Development The critical ROI all communities need to know The physical characteristics of ‘ui enronment have Seen shown 10 mpact the indicators of ivabilty snd overall uecess of commons, incating: [Link] de \elopment waabiliy, acest, sffordailiy, and oman eat Professional ural, market st es, documentaries, boks, and public heh research fom lds a verse real esate sales, planning, nd eaiy childhood developmen ae reporting on thes kinds of iteentionships and hw our commits are designed. Ife the extensive ue of the one line tol Walkscore shows ow ur p- prevntion forthe ifuene of the ba ‘nvironmenton our lives hs become sos commoaplae. Wal ‘of lgrithns and spatial seve the Wallaby of an ae is fen ‘voted by planer nd policitn alike ineiscusions abou thei community's Futce and evolution standing of te reltionship between the buitenvionment and a even for municipalities, our owed imi an skewed "common sets." In the absence of dl, the revaling ble among municipalities tht any growth andor developmentedevelopnent that Thefinings frm recent esearch replces ole forms of development in- inthis moran aca vevea evidence heen cress wealth trough inrensed_ that could be erally impo for vemnececeneereerecsonans Property x evene forte municipal. Canaan communes One of the FocusonCostof Development circles tnd to foes onthe belie that, Misses the Mark ‘he oveal cost of propo ors make valve one ompleted) sa sign ofthe valu of weath it will eat for iy: Whataremisingare the methods pncpal findings is that cumen sus t anderanplsof analysis that examine sions abou developmen, in pli coxrain ai the impact tht various forms of evelap- planning, en economic developer sy ieee ‘ment ave on mnicipl tx everses. : This is paiuerlyimporant becnyeg—§ oper tase ofa ced 2585005 pee nds by Ra ig PR Cn vino ome forsupponing development applications. ' {Pais pagsalaew ct : Mavane —- MUNICIPALWoRLD > The scarcest resource of any municipality is its land base. Therefore, it stands to reason that it is prudent for the municipality to maximize the value or product it can generate from that area rer. ithe the community. While his could bean the tax base it“prodact"The seare- einai ure of my monicpalty sts Saad this eationsip, important characterise, when tcomes exe tothe erica aspect ofteum on in- land Bee Therefore islands to reson fms of development we are cresting, ‘estmen¢ RO) forthe municipal, it thats progent forthe municipality and fat acing and regulating ites the mark. Thies because the e-f9 maximize the vale or product itcan though and use planning and econ Sponsiblity ofthe local government to generat from tht se, ano ensure ic development itv, ate providing Dovid services and fund infasructre tht vale spor the cost ofthe nee: the necessary “density of income for ‘placement sox is ot deety ted © extaryinfascture for servicing andthe replacement eos ofthe inastu the projet valu; rue valve deter-- ‘syle replacement. Tonderstind ae they equ This ean bep us plan ined bythe property tax even the this lationship one needs lo consider for and design ournighbourheeds pro pines Efcivecapieaton tmx potviypermaand os Se tre poucive San etescnip vee benef sxeringtocstoaewopret Ths RSURS Of ROLANADIS Scvcopmens ebuild and thar vay-simporantten lows nose Touph recent sees of wok ing imposter muntipl fnaces”whichpesorforn of dvclomet shapes wit over 9 prepa fp ames imporan ducs- rel inf highes yl cere cormaien te anes ROT land basebo"aw ata and eranttheywesauinng ek aso developmen sexy the chalenge etd above Thien uling on grow smi wort byte Ube BM 52-00 Song Towne ctuding inary sagen eae in sg ERTH’s Complete Turn-key caoly more complex urban coments by LED Street Light Upgrade Last fusca joaedoepa Seeial Now partnering with more than 60 | Gondncing hs anisole Sec an improving decision making, based onthe relationships beeen devel- opment restos, forms of devel- ‘opment nd x even, >> improving Oficial Pan policies nd ing bylaws io maxis wealth twin potential fhe community, > implementing seategie nities that build onthe stents of the ‘moet valuable fons of deveop- > ientising the most srategicaly bene foms of deveopment or ‘miipaly-owned Inds, > determining mor acura long term impacts and obligations asci- ed with growth and developnent ‘te tx ase; an > developing improved commusity improvement plas nd action plans forint maximize ROL sed com mit benefits As we prepare forthe itu, eres a get ned forme efflesiveappecach- {to community planing, economic evelopment ané monica governance Toacheve this, we mist eame the work of planing for, regulting, nd an lying new eal development The terms ofreference need 6 fe nar of developmen (nt eos of constuction or “invesment): pacts on comme rity weal builing; equire ieyee Infestetce nvesimens and ther key orate of ely community de ‘ev and ploerakng Armed wih his Jen of bckgroend norton, an the bi to ein ater sights roe improved planning practies and beter ‘se oF GIS data aay, communis wil ein much beter postion o make

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