Only in Franklin:
http://www.tennessean.com/article/20100 ... n+Franklin
I am willing to listen to anyone that can explain the relevance of the median price of a home in Davidson county as THE trigger mechanism for developer concessions. As Alderman Bransford states "It's different. It's new. It's something we haven't had before." I am going to guess this is because it is half-backed?
With all of the unintended comedy in this piece I find this to be the real gem...
Idea won't work everywhere
She stressed that the proposal won't fit all proposed developments where developers might have planned to build houses priced at $350,000 and now want to build more houses but priced lower, at $250,000 for instance.
"It's not going to make sense in a gated, $1 million home community," McIntyre said.
The plan might find traction among developers who might be rethinking their development plans in the wake of the national economic meltdown.
Developer Jay Franks, who is a committee member, is intrigued by the proposal and believes it will be something other developers embrace, rather than shun.
"It just makes sense," Franks said. "We've got to provide housing for the younger folks and the folks who are less advantaged."
...just not in a gated community.

