Conservation easements permanently protect ecological, historic, and/or scenic resources. In Virginia, landowners who permanently conserve their property may qualify for a state tax credit and federal tax deduction, which partially compensate private landowners for their economic sacrifice.
Conservation easements are also a useful planning tool. Although tax incentives generally aren't available, developers who donate conservation easements easements as part of development projects are making an enforceable commitment to permanently protect conservation areas, benefiting all involved parties.
The recent Vantage Point rezoning in the Occoquan District is a case in point. Located at the intersection of Tanyard Hill and Old Bridge Roads, the plan for this site uses a conservation easement to permanently protect steep slopes, streams, and trees, and the scenic entrance to the Town of Occoquan. A new community will be developed with commitments that protect the quality of both the conservation and surrounding area.
Please join PWCA, Kettler, Supervisor Mike May and Town of Occoquan Mayor Earnie Porta for a tour of the Vantage Point site and hear various solutions considered and rejected/adopted, for a real-world parcel to be developed.
