King
County Executive Ron Sims today celebrated the first successful
transfer of development credits that will preserve rural areas,
prevent sprawl and increase densities in cities. The public
private partnership involves sales of 62 “development rights”
from the 313-acres McCormick Forest to Port Blakely, the
developer of the Issaquah Highlands inside the city of Issaquah.
“To keep our rural areas rural, we have
implemented effective incentives to compensate rural land owners
who ‘trade’ their development rights to ensure it is not
developed,” Sims explained. “In turn, cities like Issaquah can
increase density within their city limits at a higher level than
is currently allowed. This innovative transaction is not only
the first success of our fledgling
Transfer of Development Credits
program, it is the first such interjurisdictional transfer in
the Northwest.”
Port Blakely paid $2.75 million for the
development rights and will be allowed to add 500,000 square
feet of commercial space in the Issaquah Highlands. They will
also contribute $1 million to Issaquah for construction of the
southern central business district bypass. King County has
acquired the remaining interest in the Mitchell Hill property
for public forestry purposes.
Sims said the King County program is
modeled after programs in Montgomery County, Maryland and
Boulder, Colorado, in which 44,0000 acres and 10,000 acres
respectively have been preserved. King County will be just as
aggressive in this groundbreaking effort as those areas, Sims
said.
“The purchase of the Mitchell Hill
property is finally a reality. After 15 years of work, it is
great to see the fruits of our collective labor finally paying
off. With the TDC program firmly in place, we have added yet
another tool to our arsenal to fight sprawl and its associated
negative impacts on our natural environment,” said Metropolitan
King County Councilmember
Larry Phillips.
“Purchase of the Mitchell Hill connector is another shining
jewel added to our stock of permanently protected open space to
be enjoyed by generations to come. I am proud to have devoted my
time and effort to this cause and look forward to seeing more
successes in the future.”
Sims added that such innovative efforts
could only be successful by outstanding working partnerships. He
recognized the Mountains to Sound Greenway, the city of
Issaquah, Port Blakely and the landowner of Mitchell Hill, the
Hooker Family Trust. Sims said the Hooker family’s patience with
the complex public process required for completion of this
transaction has resulted in “ a permanent legacy for future
generations.” He also thanked Councilmember Phillips for his
work on this project over the last 15 years.
“It is projects like this that typify
regional cooperation,” said Issaquah Mayor Ava Frisinger. “When
governments cooperate, much can be accomplished that benefit
each partner.”
Sims announced that King County would
complete an updated Forest Management Plan in partnership with
Issaquah in 2000. The plan’s top goal will be to increase
biodiversity on site and speed the natural succession process to
achieve a mature forest. The property is important for salmon
habitat as it drains into the east fork of Issaquah Creek and
Patterson Creek in the Snoqualmie River Basin. A soft surfaced
trail will also be included. Acquisition negotiations on the
adjoining 120-acre Mitchell Hill Partnership property will be
completed within the next week.
“This utilizes Forest Legacy funding
administered by the Washington State Department of Natural
Resources,” said Washington State Commissioner of Public Lands
Jennifer Belcher.
"The Forest Legacy grants have been a
tremendously valuable tool to help us purchase the development
rights on very expensive parcels of forest -- forests that are
immediately at risk of being developed," said Belcher. "We
wouldn't be able to protect key wildlife corridors, water
quality and recreation in this area of high population growth
without the Legacy program. The US Forest Service continues to
be a significant partner with us in the Greenway."
|
|
Enlarged
view
King County Executive Ron Sims
celebrates the first successful transfer of development credits
that will preserve rural areas, prevent sprawl and increase
densities in cities.
Enlarged
view
Executive Sims recognizes the
efforts of Issaquah Mayor Ava Frisinger, King County
Councilmember Larry Phillips and Washington State Commissioner
of Public Lands Jennifer Belcher in the development of the TDC
program and the purchase of the 120-acre Mitchell Hill property.
Enlarged
view
Executive Sims is pictured with
the Hooker family; King County purchased the Mitchell Hill
property from the Hooker Family Trust for public forestry
purposes.
|