Transfer Development Rights

Transfer Development Rights (TDR's)

We are pleased to offer up to 84 Transfer Development
Rights (TDR’s) that have been awarded by Indian River County, Florida, which can be transferred to other
properties within the County. These high value TDR’s were awarded by Indian River County and originated from a property with 1 mile of waterfront along the Indian River Lagoon Basin. The County and governmental regulatory agencies desired to designate this property as conservation and to eliminate development threats and preserve the environmental condition of the property. This property was designated as conservation and development rights were forfeited in order to be awarded the TDR’s which can be transferred to other properties more suitable for community development residential multi-family and other projects in Indian River County.

For additional information purchase of environmental mitigation credits, contact Craig Chown via e-mail at craigchown@gmail.com or by telephone at (850) 210-6284.

Who can utilize and benefit from these TDR’s?

The TDR’s can be transferred to other properties in Indian River County for use by landowners,
investors, and developers for their residential projects. As noted above, Craig Chown will work with
buyers to help them go through the County approval processes.

What can the Transfer Development Rights (TDR’s) be used for?

The TDR’s can be used for residential projects such as multi-family, townhomes, single family home
development and other residential projects subject to approval by the Indian River County. The TDR’s
can result in a 20% adjustment to development rights for properties in Indian River County. For
example, if a property is zoned for 150 residential units, the TDR’s can be used to adjust the residential
development on the property for an additional 20% which amounts to another 30 units resulting in a
combined adjusted total of 180 units.
Craig Chown will work with buyers to help them go through the TDR transfer approval process from
Indian River County in a timely and efficient manner. Craig Chown has over 25 years of professional
experience with Federal, State, Local governments, and permitting and regulatory agencies.

Developers are concerned about expensive delays and long periods of time to secure approval of TDR’s their projects. How long will it take to secure Indian River County approval for use of TDR’s?

The TDR’s have already been awarded and the process for Indian River County approval to transfer
the TDR’s for other properties and projects will take approximately 3 months. As referenced above,
Craig will help buyers go through the County approval process.

How much do TDR’s Cost?

The purchase price is $20,000 for each TDR. As referenced above, this price shall include Craig
Chown assisting buyers go through the County approval process for the use of the TDR’s for their
properties in a timely manner.

Are TDR’s Transferrable?

Yes, TDR’s are transferrable from persons, investors, LLC’s or other business entities, development
projects, and between properties within Indian River County, Florida. For example, if a developer
purchases TDR’s, they may use the TDR’s for a given project or other projects that they may have in
the future. TDR purchasers may sell the TDR’s to other persons or entities.

Who should buyers contact to learn more about the TDR’s?

For additional information regarding these Transfer Development Rights (TDR’s) in Indian River
County, Florida, please contact:
Craig Chown via e-mail at craigchown@gmail.com or by telephone at (850) 210-6284,

Craig Chown is an expert in all things Florida. He has expertise in all facets of government, real estate and has established himself as a successful businessman and consultant. I’ve known Craig for thirty five years and am proud to call him my friend.

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