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<br />ARONA <br /> <br />NEIGHBORHOOD CHANGES <br /> <br />613 Acres in Planning District (250-260 in residential) <br /> <br />1. County Road C to be rebuilt <br /> <br />2. JL T Office Complex - attempting to develop new plan for south end of their <br />site. <br /> <br />3. Mounds View School Headquarters (3+ acres) for sale as townhouse site up <br />to 10 units/acre. <br /> <br />4. Northwestern College bought apartment buildings along Snelling @ C-2. <br /> <br />5. Northwestern is building a two-story office building on the west side of <br />Snelling at Lydia. <br /> <br />6. Hamline Center will eventually be redeveloped. <br /> <br />7. 41 % of head-of-householders are over 55 years of age. <br /> <br />8. 26% of new head-of-householders since 1996 are over age 55. <br /> <br />9. Less than 19% of households have children; average household size is 1.94. <br /> <br />10. 10% of households have children with two adults in home. <br /> <br />11. Churning: In four years over 51 % of households have turned over - over <br />80% of those households under the age of 35 have turned over. <br /> <br />12. Housing sales value has been consistent with the rest of city ($129k to <br />$133k). 90 homes have sold in last five years in the Planning District. <br /> <br />13. The annual % turnover is 2%; In the city it is 3%/year or less. <br /> <br />Typed: March 1, 2001 <br /> <br />\\ Victoria\CommDev\Planning Files\3243 _ Arona Dev 2000\ARONANEIGHBORHOOD CHANGES030 I 0 I .doc <br />