
Air rights over the transitway/LRT
Councilor Katherine Hobbs is in the news for asking the City to examine developing the air rights over the west side part of the transitway/LRT line. I have a bunch of mutually contradictory thoughts on this. 1. The City should sell air rights to help pay for the transitway. Taxpayers are forking out a bundle of money for a transit line, we can recoup some of that expenditure by selling prime access to the most-accessible locations in the city. Otherwise, many of the development benefits go to the builders on adjacent lands. In some cases, these are private developers; in the case … Continue reading Air rights over the transitway/LRT