The Return of TDRs

Supervisor David Sluzky has started pushing transferrable development rights (TDRs) again, Charlottesville Tomorrow reports. The Weldon Cooper Center is hosting a series of discussions about whether creating a development-rights market would be helpful in shaping growth in Albemarle County. The meetings are including stakeholders from all of the major local groups interested in the topic. Now that state law has enabled the county to do so, Sluzky has renewed his efforts to establish such a system, despite the BoS’ prior disinterest. I’m not smart enough to know if TDRs are a great idea, but I know I’ll be the first in line to sell my development rights.