Bureau of Development Services' proposed code amendment would help developers
As the recession continues, the Bureau of Development Services is proposing a zoning-code amendment that would extend the expiration dates of land-use reviews and pre-application conferences.
Under the current code, developers who do not obtain a building permit within three years of receiving approval of their land-use reviews must go through the process again. That process can cost $15,000 to $20,000 in city fees and more than $100,000 when added to the cost of hiring consultants and writing studies.
Douglas Hardy, who's spearheading the proposal for the BDS, said the bureau is attempting to help developers whose land-use approvals were issued between April 2006 and December 2008. [Read full article]