By Joshua Sabatini : sfexaminer – excerpt
f a 4,000-square-foot restaurant wants to expand to 8,000 square feet, a newly proposed city fee for transit funding could add an additional $16,000 onto the project costs.
That’s just one example of how a proposed Transportation Sustainability Fee would impact small businesses under San Francisco’s effort to have development generate more than $400 million for transit spending during the next 30 years.
The Small Business Commission was largely supportive of the proposed Transportation Sustainability Fee during a meeting this week.
But some expressed concerns for some of the ways that would trigger the fee. A small business that expands beyond 5,000 square feet would have to pay the fee on the expansion square footage…
The current transit impact fee only applies to nonresidential development and construction of production, distribution or repair space (PDR). Those fees are set at between $13.87 to $14.59…
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