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Submitted by Just another voice on Sun, 08/03/2008 - 8:58pm.
I very randomly stumbled across this great case study which comes to us from Canada. Thought it would be an interesting read since we have our own parcel of distillery in Tumwater whose future is still up in the air. In all, the city worked with developers to keep the historic look and feel of the buildings, which sat on a 2.7 acre parcel. The developers were given several incentives, including reduced impact fees, etc... to keep costs down. In total, over 200 units were created. The avg selling price was initially between $150 to $216K, with 95% of units sold within 3 years. Here's the document: |
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