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01-12-11 EDC Packet
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01-12-11 EDC Packet
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2/8/2013 11:41:08 AM
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EDC Packet
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EDC Packet
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EDC Packet
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1/12/2011
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. City of Arden Hills <br /> Community and Economic Development <br /> Draft SWOT Analysis <br /> January 2011 <br /> Neighborhoods, Housing Stock, and Housing Supply <br /> Strengths <br /> • High median housing value <br /> • Predominantly single family homes <br /> • Long tenure of residents ®l <br /> • Established, cohesive neighborhoods <br /> • Relatively few foreclosures <br /> I ' <br /> Weaknesses <br /> • Few life cycle housing opportunities <br /> • Limited pedestrian and bicycle connectivity <br /> between neighborhoods due to freeways and natural barriers <br /> Opportunities ,a <br /> • Redevelopment to provide additional life cycle housing <br /> • Private investment and upgrades to aging housing stock <br /> • Potential to work with Sheriff Bostrom on quality of life <br /> issues <br /> nm UI! <br /> • Potential to increase pedestrian access as intersections are <br /> reconstructed <br /> Threats <br /> • Single family rentals <br /> • Aging housing stock where there is no new investment and upgrades <br /> • Limited capacity of aging homeowners for maintenance and investment <br /> • Impact of foreclosed and/or poorly maintained homes on neighborhoods <br /> r <br /> t.,y <br />
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