Parcel to Parcel Linkage Program, Interim Report: Project 1, Kingston/bedford Parcel 18. (Draft) Draft 3

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The concept of linking development rights for prime downtown properties to publicly owned neighborhood parcels of land is an innovative program designed to accomplish the objectives outlined in the previous section of this report. The development concept describes proposed development options for each site that contribute to the objectives of the parcel to parcel linkage program. It must be clear that at this time there are no preferred development options.
This section explains the analysis of
... options for implementing the first project in the parcel to parcel linkage program. Uses and densities for each site are evaluated based upon their contribution to achieving program objectives.
Determining the appropriate financial techniques to implement the development options occurred concurrently with the analysis of uses. These techniques include specific mechanisms for transferring economic value from Kingston- Bedford to Parcel 18, as well as options to reduce up-front capital costs on both sites.


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