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<br /> <br />A-III. Meetings and Report Preparation <br />A. One initial orientation meeting with team and <br />stakeholders to discuss study objectives. <br />B. Onc leam mecting to review draft findings of thc report. <br />C. Onc fonnal prescntation mecting to kcy stakeholders. <br />D. Report Preparation. <br /> <br />Alternative B: In-Depth Market Analysis <br /> <br />B-1. Residential Market Analysis <br />A. Utilizing data compiled for Arden Hills, identify an <br />appropriate draw area for housing in thc Analysis arca. <br /> <br />B. Utilizing data compiled for Arden Hills, analyze. <br />l. Population and household growth trends through 2020; <br />2. Employmcllt growth trends through 2020. <br />3. Age distribution of the population through 2012. <br />4. Household tenure (owncrs and rcntcrs). <br />5. Household income. <br />6. Summarize findings of the data and idcntify how these <br />trends are applicable to potential housing <br />developments in the Analysis arca. <br /> <br />D. Utilizing data compiled for Ardell Hills, compile a summary <br />evaluation of housing market conditions in the vicinity of the <br />Analysis Area and Ihe potential impact of developing <br />housillg in thc Analysis Area and its impact on the TCAAP <br />site. <br /> <br />E. <br /> <br />Present infonnation on the average value of single-family <br />homes and for-sale multifamily housing from our prcvious <br />analysis including overall rents I vacancies of rental housing. <br /> <br />F. Present information on competitive for-sale multifamily <br />housing in the Markel Area (projects that are actively <br />marketing or were recently developed), including <br />information on year built, number of units, pricing, features <br />and amenities, market positioning, etc. <br /> <br />G. Prcsenl information on largcl markets that would be <br />appropriate for the Analysis Area. Provide <br />recommendations regarding unmet market niches and the <br /> <br /> <br />The market analysis will identify <br />business types that are not well <br />represented in the district but <br />may have strong competition in <br />the sub-region. <br /> <br />Arden Hills Small Area Plan for the 82 District 4-7 <br />