Florida Gulf Coast University Charlotte Campus

Transfer of Development Units Ordinance

Home
Why the need for a satellite campus?
Attraction of Charlotte County
The FGCU Plan
Pros and Cons of Proposed Sites
The Decision Timeline
VIP's
TDU
Environmental Concerns
Decreasing Animal Habitats Due to Construction and Buildout
Charlotte County Watershed
Possible Sources of Pollution in Charlotte County
Some Environmental Solutions
Environmental References
Conclusion

What is a TDU Ordinance?

 
A TDU ordinance is a law set up to limit the population density of land deemed: Historic, Archeologically Important, Agriculturally Viable, or Environmentally Sensitive.
 
TDU's allow a developer (or private individual) to give up their right to build a residential unit by transferring it to another party in exchange for money.
 
How does it work?
 

First, a land developer purchases the rights to build on a lot from private owners or from the county at Fair Market Value (currently estimated at $10,000 per unit).

 

Then, the developer can redistribute the population density for an area without a net change in county-wide density numbers.

 

This allows for a build-up of population in a focused region where infrastructure can be cheaper and more easily managed.

 

The downside to all of this is that the transfer fees associated with the project become astronomical, which in turn stymies civic development.

 

For more information as well as for the complete text of the ordinance please follow the link below.

 

Charlotte county's TDU ordinance in all its glory.