It's ambitious. It's admirable. And I doubt there are many people who would be against the Cascade Agenda. Certainly I am not.
The only problem -- and it is always the problem -- is where do you get the money?
3. And finally the most exciting but also challenging task - we need to create new markets to allow the efficient trading of transfer of development rights, or TDRs, so we move rights to develop to those lands where they should best be exercised from those lands we need to conserve.
The problem is not creating the market. The problem is to find areas which wish to receive those Development Rights to create density higher than already allowed by current zoning. Good luck! Or does the plan anticipate a massive regionwide down-zoning? Good luck there, too!
There are very few areas within the existing developed part of Puget Sound where increased density would find a welcome. I mean, if the politics in a neighborhood were such that a six-story building were welcome then it would probably already be zoned that way. So where will these transfered development rights end up? Who wants them? And if an area wants more development why should someone be forced to pay for them? When the zoning itself is simply a political decision to begin with? To me, TDRs are another "something-for-nothing" gimmick.
The problem is that you have to hold down the zoning in the developed areas so that a property owner is forced to buy development rights from someone out on the urban fringe. That's a legal/political situation with substantial equity issues and I just don't get how it works.
It's obvious that anyone who has just been downzoned would want to sell. But who wants to buy? Who can use these TDRs?
That's the only problem I see. Maybe they've thought through all this. We'll see.
An article in this morning Seattle Post-Intelligencer -- $7 billion plan would preserve 1.3 million acres in 4 counties -- says:
Though accomplishing those goals over the next 30 years is expected to cost $7 billion in today's dollars, the group maintains that much can happen without significantly adjusting current government spending on land acquisition....
...The agenda proposes to improve and expand programs that allow builders looking to put more homes on an urban piece of land to buy extra "development rights" from farmers or rural landowners who agree to keep their land as is. (italics added)
Well I am an urban property-owner and I would love to put more houses on my land. So maybe I can belly-up to the bar and buy some more development rights so I can exceed my current zoning --- and my neighbors won't say a word? I just don't get the assumptions under which this plan is supposed to operate.
Moreover, I get nervous when idealists promise something which seems to me impossible to deliver. Preserving/conserving land cannot be done for free. So I am dubious about plans which revolve around the creations of "free money" through Transfer of Development Rights.
Now, alternatives which involve having working forests pay for themselves over a period of half a century by intelligent logging are an entirely different matter. They make great sense to me. In fact I wrote something related on this very issue many years ago -- The Metropolitan Land Bank -- so my sympathies for management plans which are self-financing are high. (There is no contradiction here -- a piece of income real estate is "self-financing" once you make the down payment.)
I just don't get the "something-for-nothing" TDR plans in which people are persuaded to give up something and then buy it back, which is the essence of a regional TDR system.