Developers Aghast At Tree Ordinance Update That Could Raise Replanting Fees By 800%
When Atlanta developer Windsor Stevens Holdings was preparing its site along the Atlanta BeltLine for The Proctor apartments, it had to shell out nearly $20K to the city of Atlanta to take down 19 trees, according to invoices shared with Bisnow.
But under a new tree ordinance under consideration by the Atlanta City Council, Windsor Stevens founder Rod Mullice estimates that removing the same trees would cost more than $155K.
“This is not helpful for housing affordability and having workforce housing in the city,” Mullice said. “For a marginal project, it would prevent it from happening.”
When Atlanta developer Windsor Stevens Holdings was preparing its site along the Atlanta BeltLine for The Proctor apartments, it had to shell out nearly $20K to the city of Atlanta to take down 19 trees, according to invoices shared with Bisnow.
But under… Read MoreBisnow News Feed
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