1. Washington State Department of Commerce Transfer of Development Rights: A Regional Approach June 2012

2. Overview TDR in Puget Sound Regional TDR Program/Alliance Watershed Grants in Puget Sound to implement the Puget Sound Partnership’s Action Agenda

3. 3 TDR in Puget Sound Existing conservation TDR: King County (1998/2001) Redmond (1997) Issaquah (2005) Seattle (1998/2001) Bellevue (2008) Sammamish (2011) Kitsap County (2006) Bainbridge Island (1996) Pierce County (2007) Snohomish (2004/2008) Arlington (2004) Everett (1991/2006) Issaquah

4. Focus on Regional Transfers Sending areas – land designated by the counties as sending areas that are: Agricultural or forest land of long-term significance; Rural land being farmed or managed for forestry; Land whose conservation meets other state and regionally adopted priorities; and Land that is in current use as a manufactured/mobile home park. Receiving areas - incorporated cities and towns

5. Regional TDR Alliance Alliance Partners: Snohomish County, Pierce County, King County, Forterra, Puget Sound Regional Council, and Commerce to: Implement and enhance county TDR programs Build capacity in cities to receive development rights from farms, forest land and open space Provide information resources to cities and counties Interlocal Terms and Conditions Rule

6. TDR Project Grants for Cities $1 million in grants to 10 cities (*plus $ from King County): Arlington Everett Issaquah Mountlake Terrace Normandy Park* Port Orchard Puyallup* Seattle Snohomish Tacoma*

7. Watershed Protection and Restoration: Land Use and Working Lands Focus on working farm and forest lands, and vibrant cities: Skagit County and Burlington King County and Kirkland Snohomish County

8. Lessons Learned: Inter-jurisdictional issues Benefits to cities for receiving density Inclusion of sufficient receiving areas and not too much sending area Relationship to existing density bonus menus

9. Lessons Learned: TDR Success Factors Essential For Success Demand for bonus development Customized receiving areas Extremely Important Strict sending-area regulations Few alternatives to TDR in receiving areas Market incentives Source: “What Makes TDRs Work?”, Pruetz and Standridge, JAPA, Winter 2009

10. Information on TDR and other related topics are on our web site at: www.commerce.wa.gov/tdr Or contact heather.ballash@commerce.wa.gov (360) 725-3044 www.commerce.wa.gov/tdr heather.ballash@commerce.wa.gov