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Does Minneapolis give bonus density for “green” developments?
Here’s an excerpt from an article about how Arlington Virginia rewards developers that create environmentally-friendly buildings. It sounds right up Minneapolis’ alley. “In exchange for building more innovative -- and generally more costly -- buildings in Arlington, developers get more than a pat on the back for making the world a better place. They get something that, in the real estate world, is almost as good as cold cash: more space. For each square foot in a new or renovated building that meets green specifications, for example, a developer could receive as much as a quarter-square-foot more, known as bonus density… Thanks in part to green design, the Navy League of the United States, for example, received county approval to build a new headquarters in the Courthouse neighborhood with bonus space that amounts to almost half an extra floor than zoning regulations otherwise would have allowed, according to its architects.” The complete article can be found at: http://www.washingtonpost.com/wp-dyn/articles/A192-2002Oct9.html
John Rocker Calhoun
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