Bedford-West Urban Renewal Area (Mass. R-182)
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In our eReader you can find the full English version of the book. Read Bedford-West Urban Renewal Area (Mass. R-182) Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Bedford-West Urban Renewal Area (Mass. R-182)
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Potential adverse impacts, however, may be created by the amount of vehicular traffic that may be generated by a hotel use.
(c) Institutional A tax-exempt institutional use of the site, although it may be considered compatible with the character of the surrounding area, would be fiscally undesirable from the City's point of view. Currently, over 50% of the City's taxable property is in tax-exempt institutional use. Development of this high-value downtown property for a tax-exempt institutional ...use, therefore, is both inappropriate and contrary to the expressed policy on institutional development of the Mayor. It is estimated that the potential tax-yield from the property, if fully developed for commercial use within the controls of the Urban Renewal Plan, would be approximately 1 $1 million annually.
1 Based on 400,000 square feet of retail/office Space $10 per square foot rental average; tax equals 25% of gross rental.
- 32 (d) Open Space Similarly, use of the site for open space would be economically unjustified.
What to read after Bedford-West Urban Renewal Area (Mass. R-182)?
You can find similar books in the "Read Also" column, or choose other free books by Boston Redevelopment Authority to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Potential adverse impacts, however, may be created by the amount of vehicular traffic that may be generated by a hotel use.
(c) Institutional A tax-exempt institutional use of the site, although it may be considered compatible with the character of the surrounding area, would be fiscally undesirable from the City's point of view. Currently, over 50% of the City's taxable property is in tax-exempt institutional use. Development of this high-value downtown property for a tax-exempt institutional ...use, therefore, is both inappropriate and contrary to the expressed policy on institutional development of the Mayor. It is estimated that the potential tax-yield from the property, if fully developed for commercial use within the controls of the Urban Renewal Plan, would be approximately 1 $1 million annually.
1 Based on 400,000 square feet of retail/office Space $10 per square foot rental average; tax equals 25% of gross rental.
- 32 (d) Open Space Similarly, use of the site for open space would be economically unjustified.
What to read after Bedford-West Urban Renewal Area (Mass. R-182)?
You can find similar books in the "Read Also" column, or choose other free books by Boston Redevelopment Authority to read onlineMoreLess
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