Source: What Fuels will Move Us? Barker, Bill. ITE Journal. July 2010
One Key to Directing Growth… 1. Plan & Influence Development Economics Graphic from K 2 Urban Corp
Regional Growth “Engines” 50, 000 students & employees 50, 000 + employees 15, 000 students & employees
Land Development Growth “Pioneers”
Land Development Growth “Roof-top Followers”
RMP Development Scenarios “Quality Growth Plus” (Compact / Infill) Business-as-Usual (Scattered / Linear) Quality Growth (Contiguous / USA fringe)
Long-term Operation & Maintenance Commitment Public Service Percent of Avg. Annual Cost Education…………………. . Public Safety. . ……………. Roads……………. Wastewater………………. . 40% 8% 30% 11% Fire/Rescue; Water; Parks; Solid Waste. . 11% Duncan and Associates. The Search for Efficient Urban Growth Patterns: A Study of Fiscal Impacts of Florida Development. Governor’s Task Force on Urban Growth Patterns and DCA. Tallahassee FL, 1989. Source:
Impacts on Traffic Activity Form / Location Avg. Traffic Trip Length Duncan’ 89 FDOT (335. 067, F. S. ) Weighted Avg. Business-as-Usual (Scattered / Linear) Quality Growth (Contiguous / USA fringe) “Quality Growth Plus” (Compact / Infill) 8. 3 mi 12. 1 mi 11. 2 mi 6. 4 mi 9. 6 mi 8. 8 mi 6. 8 mi 4. 9 mi 5. 4 mi
100 lot subdivision
Vehicle Miles Traveled (VMT)
Streets & Roadways Maintenance * Excluding I-10 Costs and Traffic Data Sources: City of Tallahassee Annual Budget, Leon County CIP, FDOT Historical Work Program, and FDOT Countywide VMT Estimate
Costs of Development Location (P/A, 3%, 35)
You can affect Development Location Decisions… Graphic from K 2 Urban Corp
100 lot subdivision
Land Development Pro. Forma Revenue (Sales) Costs Land Acquisition Site Infrastructure Product Cost (COGS) Transportation(Off-site infrastructure) Interest Carry (5 yrs) Subtotal Potential Margin / ROI $11, 250, 000 $ 1, 800, 000 $ 900, 000 $ 5, 000 $ 400, 000 $ 1, 200, 000 $ 9, 300, 000 $ 1, 950, 000 (20%)
Land Development Pro. Forma Revenue (Sales) $11, 250, 000 Costs … fluence in Land Acquisition you can $ 1, 800, 000 t e is wha Her Site Infrastructure $ 900, 000 Product Cost (COGS) $ 5, 000 (Off-site infrastructure) Transportation 17% $ 400, 000 Interest Carry (5 yrs) $ 1, 200, 000 Subtotal $ 9, 300, 000 Potential Margin / ROI $ 1, 950, 000 (20%)
Land Development Pro. Forma Revenue (Sales) $11, 250, 000 Costs … Carry terest Land Acquisition uce In $ 1, 800, 000 d Re Site Infrastructure $ 900, 000 Product Cost (COGS) $ 5, 000 (Off-site infrastructure) Transportation $ 400, 000 Interest Carry (5 yrs) $ 1, 200, 000 Subtotal $ 9, 300, 000 Potential Margin / ROI $ 1, 950, 000 (20%)
Land Development Pro. Forma Revenue (Sales) $11, 250, 000 Costs … t Carry Land Acquisitionduce Interes $ 1, 800, 000 Re Site Infrastructure $ 900, 000 Product Cost (COGS) $ 5, 000 (Off-site infrastructure) Transportation $ 400, 000 Interest Carry (4 yrs) $ 900, 000 Subtotal $ 9, 000 Potential Margin / ROI $ 2, 250, 000 (25%) Build There!!!
Land Development Pro. Forma. Revenue (Sales) $11, 250, 000 nce… influe an Costs you c what Land Acquisitionre is $ 1, 800, 000 He Site Infrastructure $ 900, 000 Product Cost (COGS) $ 5, 000 (Off-site infrastructure) Transportation $ 400, 000 Interest Carry (5 yrs) $ 1, 200, 000 Subtotal $ 9, 300, 000 Potential Margin / ROI $ 1, 950, 000 (20%)
Land Development Pro. Forma Revenue (Sales) $11, 250, 000 Costs ped…. el u’ve h Land Acquisitions what yo $ 1, 800, 000 ere i H Site Infrastructure $ 900, 000 Product Cost (COGS) $ 5, 000 (Off-site infrastructure) Transportation $ 40, 000 Interest Carry (5 yrs) $ 1, 200, 000 Subtotal $ 8, 940, 000 Potential Margin / ROI $ 2, 310, 000 (26%) Build There!!!
Land Development Pro. Forma Revenue (Sales) $11, 250, 000 Costs ntives… $ 1, 800, 000 Land Acquisitionect Ince Dir Site Infrastructure $ 900, 000 Product Cost (COGS) $ 5, 000 (Off-site infrastructure) Transportation $ 40, 000 Interest Carry (4 yrs) $ 900, 000 Subtotal $ 8, 640, 000 Potential Margin / ROI $ 2, 610, 000 (30%) Build There!!!
Parcel Assemblage v. Simple Purchase I know there is a market need for my product, where should I buy the land?
Parcel Assemblage v. Simple Purchase Lemme see, should I try to deal with 12 sellers and their attorneys, or just Farmer Brown?
Regional Growth Influence Areas Guiding Growth through Development Economics Proforma Category Influence / Action Revenue (Sales)……. Public Investment Costs Community Fabric; Public Transit; Active Transportation; Streetscapes; Public Education; etc. Land Acquisition…… Density / Property Yield Site Infrastructure…… n/a Product Cost (COGS) n/a Transportation…… Incentives/Disincentives Interest Carry………. Streamline Permitting
Скачать презентацию Source What Fuels will Move Us Barker Bill
9a1ff046466a90e206d0c9a5a966dba0.ppt