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Developers Brace for New Construction Linkage Fee

A proposed construction linkage fee, which is nearing approval by the yearend, will increase commercial construction costs by $5 per square foot.

Andrew Starrels Andrew Starrels

A proposed construction linkage fee is nearing approval and, if approved, will increase commercial construction costs by $5 per square foot. The proposed new fee would be aimed at funding affordable housing projects, but the development community is ardently opposed to the fee. This is the most recent in a series of policies to help increase affordable housing in the city, including Measure JJJ, which requires all developers seeking exemptions to the general plan allocate a portion of the project to affordable units. To find out more about the linkage fee, the pros and cons and the current status, we sat down with Andrew Starrels, partner with Holland & Knight LLP and a member of the firm’s West Coast Land Use and Environment Group, for an exclusive interview.

GlobeSt.com: What is the proposed L.A. construction linkage fee?

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Kelsi Maree Borland

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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