My WebLink
|
Help
|
About
|
Sign Out
Home
res_10285
Roseville
>
City Council
>
City Council Resolutions
>
10xxx
>
10200
>
res_10285
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/17/2007 9:25:33 AM
Creation date
5/13/2005 4:37:49 PM
Metadata
Fields
Template:
Roseville City Council
Document Type
Council Resolutions
Resolution #
10285
Resolution Title
AUTHORIZING CONTINUATION OF THE CONTRACT FOR EXCLUSIVE NEGOTIATIONS BETWEEN THE CITY OF ROSEVILLE, MINNESOTA AND THE ROTTLUND COMPANY, INC. FOR THE TWIN LAKES REDEVELOPMENT AREA
Resolution Date Passed
3/14/2005
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
108
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
<br />TWIN LAKES, Roseville, Minnesota <br />Market Assessment & Demand Analysis <br /> <br />Condo-Townhouse Market Assessment <br /> <br />throughout the entire Twin Cities metro area and beyond. Therefore, we pay close attention to <br />demographic and economic indicators for not only the competitive market area, but also the <br />region as a whole. <br /> <br />DEMOGRAPIDC TRENDS <br /> <br />Demographic trends provide valuable insight regarding the future demand for ownership housing <br />region-wide and the amount of development supportable within the competitive market area. <br /> <br />We have analyzed data on population and household growth, employment growth, household <br />incomes, household tenure, as well as residentialbuilding permitting trends. This information is <br />summarized in the tables on the following pages. Historical data is from the U.S. Census. <br />Current year estimates and projections were developed by GV A Marquette Advisors based upon <br />our review of estimates and projections by the Twin Cities Metropolitan Council, the State of <br />Minnesota, and Spatial Reengineering Consultants (SRC), a nationally recognized econometric <br />forecasting firm. <br /> <br />The following are key points from our review of demographic trends. <br /> <br />. In 2004, the competitive market area has an estimated population of 106,865. This <br />area has an estimated 45,457 households. About 3.9% of the metro area's population <br />and 4.1 % of its households currently reside in the competitive market area. <br /> <br />. Meanwhile, nearly 4.9% of the region's jobs were located within the competitive <br />market area according to the 2000 Census. On this basis, it is reasonable to predict <br />that the competitive market area has an opportunity to capture an increasing share of <br />the region's forecasted population and household growth in the years ahead. <br /> <br />. Nonetheless, this will require an increase in housing opportunities in this area through <br />redevelopment projects such as that proposed at Twin Lakes. This trend is supported. <br />by increasing traffic congestion and a growing interest in urban living and residences <br />which are located close to job centers and urban amenities. The mixed-use design <br />and overall quality of the proposed development project, paired with its location in <br />close proximity to transportation corridors and major job centers, including both the <br />Minneapolis and St. Paul CBDs, make Twin Lakes an attractive residential <br />community for Twin Cities homebuyers. <br /> <br />GV A Marquette Advisors <br /> <br />Page 8 <br />
The URL can be used to link to this page
Your browser does not support the video tag.