Tuesday, 01 November 2011 08:00
A TDR, Transferable Development Right, is a development right that may be transferred from a “Sending Site” to lands that are designated as suitable for development (“Receiver Site”).
A Sending Site is a lot/parcel of land from which development rights are severed and transferred. The Sending Site is deed restricted against further development. Sending Sites include:
* Any legally created lot/parcel within the Rural/Remote (R/R) or Transitional Residential (TR-1 and TR-2) Zone districts.
* Lands within the Conservation Development PUD (CD-PUD) Zone District
* Lands subject to an Open Space Preservation Master Plan.
* A “constrained site” or a “visually constrained site” not within the R/R, CD-PUD, TR-1 or TR-2 Zone
* A “Limited Development Conservation Parcel” located within the AR-10, RS-20, RS-30, RS-35 or RS-160 Zone Districts
* Properties designated on the Pitkin County Historic Register.
A Receiver Site is a lot/parcel of land within unincorporated Pitkin County to which development rights are transferred from a Sending Site. Special Review approval is required to designate a lot/parcel a Receiver Site for TDR(s), except when a TDR (s) is used for additional floor area within the Aspen Urban Growth Boundary and in certain County approved subdivisions. The purchase of a TDR does not automatically guarantee approval of a receiver site for development. Development of a receiver site is still subject to any applicable land use reviews, including Special Review, Site Plan Review, Subdivision, etc.
(This information is subject to change. Reference the Pitkin County Land Use Code to determine current code requirements.)
