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Milton sees first Transfer of Development Rights transaction

Jun 26, 2015

Left to right:  Seller Robbie Brannon and buyer David Vickers at the Taylor Rd. property.


Yesterday, the first private Transfer of Development (TDR) transaction to preserve green space in Milton occurred at City Hall.

 

Milton landowner, Robbie Brannon, sold 5 acres of development rights from his Taylor Rd. property to Developer David Vickers. Brannon's property will now have a permanent land easement of 5 acres held by the Georgia-Alabama Land Trustto protect the land from future development while allowing strategic growth and density in areas defined by the community. Vickers will transfer the acquired TDR to create Brickmont Assisted Living on Webb Road, a denser site than zoning originally allowed.

 

"Yesterday's transaction is the product of more than five years of work to create the vision and framework for smart development fitting the community's architectural ideals and protection of precious green space," said Kathy Field, director of Community Development.

 

An award-winning TDR ordinance is already in place in Crabapple (click here for more information), and the city's main commercial corridor on Ga. 9 and Deerfield Parkway (click here for more information).

 

 

Left to right: Mayor Joe Lockwood, Alex Robertson representing 
the Georgia-Alabama Land Trust, buyer David Vickers and seller Robbie Brannon