When Atlanta developer Windsor Stevens Holdings was preparing its site along the Atlanta BeltLine for The Proctor apartments, it had to shell out nearly $20K to the city of Atlanta to take down 19 trees, according to invoices shared with Bisnow.
But under a new tree ordinance under consideration by the Atlanta City Council, Windsor Stevens founder Rod Mullice estimates that removing the same trees would cost more than $155K.
“This is not helpful for housing affordability and having workforce housing in the city,” Mullice said. “For a marginal project, it would prevent it from happening.”