Transfer of Development Rights (TDR)
In September 2017, City Council directed staff and a consultant (Forterra) to restart work on developing a transfer of development rights (TDR) program, a project that was previously being developed in 2011/2012 as part of the Cultivating Puyallup project. At that time, there were a number of concerns raised by some members of the community that led City Council to terminate the project prior to its completion. City Council has now directed staff to reengage with the original consultant team to develop a framework for a TDR program that meets the community priorities for conservation and growth.
What is TDR?
TDR is a voluntary, market-based land use tool for helping implement a jurisdiction’s growth policies while conserving natural resource and open space lands. Through individual transactions, development rights are transferred from privately owned farmland, forest land, and natural areas (known as sending sites) to areas that can accommodate additional growth (known as receiving sites). Landowners in sending areas receive compensation for giving up their right to develop, while developers in receiving areas pay for the right to develop at greater densities or heights than would otherwise be allowed, under base zoning.