Wednesday, February 11, 2009

Something else to consider...

This is going back to the previous post where I discussed the value difference between residential, commercial and industrial properties on a per square foot basis within the CRA district. In studying this, I noticed a discrepancy between the number of parcels shown on the breakdown on types of properties per the 2008 Preliminary Taxroll (above) and the number of parcels shown in a similar breakdown as contained in the Lake Worth CRA's redevelopment plan (below).

Adding them up, you come up with a difference of about 926 less residential parcels in the redevelopment plan versus the taxroll. There are a couple ways that this could be explained. One is that these figures were arrived at in different years. The redevelopment plan is dated 2001 and the taxroll data is from the current year. Another is that individual parcels under the same ownership are shown separately on the taxroll and not in the redevelopment plan.

However, I believe that the main reason these two numbers are different is that the taxroll data reflects the current use of the property/parcel. That there is an actual house or apartment building on the property. Even though the redevelopment plan doesn't specifically say so, I would guess that number represents more the future land use and zoning of the property. So, in areas such as the Gateways along 6th Avenue South and 10th Avenue North, while still individually counted as residential structures, the future land use and zoning call for more of a commercial element. The same could be said for the area west of City Hall.

I thought this discrepancy was interesting in that it shows where the City is going in the future based upon future land use and where it is now in actuality. It also demonstrates the power of land use regulations to direct change over time.