Overview of COG Proposal (December 11, 2019)
Friday, December 13, 2019
Proposal to have the State financially incentivize communities that choose to rezone underperforming office, industrial and commercial sites into new housing developments
The nature of retail sales has changed significantly in the past decade as more and more businesses are selling their goods and services online instead of utilizing “brick and mortar” stores. As a result, property owners and communities have been faced with the challenge of finding suitable tenants to replace former commercial uses.
At the same time, the State, facing a crisis in the development of housing, has become more assertive with local governments on mandating the development of additiona...