to the Mayor and City Council:http://www.colliergov.net/index.aspx?page=1725
Iâ€™ve been in real estate for over 20 years. In Collier County, where I worked up until 2006, we had the largest impact fees in the state. Not only did the existence of those fees not deter growth, Collier County was one of the fastest growing counties in the state for decades. So any argument that Mobility Fees will hamper growth is a myth or a story put out by developers who want to enhance their profits. Developers donâ€™t work on small profit margins. So the fractional impact a Mobility Fee will have on their profits is minor and will not be the reason they choose to build or not.
In the meantime, Jacksonville has to work on its image and infrastructure if we are going to be a viable location for new business, expanded business, and desirability. The fees are structured such that growth pays for growth. There are incentives to build where infrastructure already exists. The Jacksonville area sprawls over a large area but we have a lot of pockets of available land in areas that could be developed at a lower cost to the developer.
Take a look at the link above. You can calculate in Collier County the amount of the impact fee for any kind of development down to a single family home, which by the way is currently around $18,000. Their growth has not stopped but the quality of life they can offer with the infrastructure paid for with developer fees has made it one of the top places to live in the state of Florida.
Jacksonville has so much to offer that South Florida does not â€“ the ocean, rivers, historic areas, etc. Letâ€™s make sure that our infrastructure adds to that desirability!