|
TWIN LAKES, Roseville, Minnesota
<br />Market Assessment & Demand Analysis Condo-Townhouse Market Assessment
<br />DEVELOPMENT PIPELINE
<br />GVA Marquette Advisors contacted city planners to identify residential development projects
<br />that are currently under construction, planned or proposed in the Twin Lakes competitive market
<br />area. We identify herein a group of projects expected to come online during the short-term
<br />(within 2 years), as well as long-term projects, or those still in the conceptual planning stages and
<br />therefore somewhat undefined.
<br />Short-Term Proiects (1-2 vears)
<br />In addition to the 75 units currently under construction or in pre-construction marketing,
<br />we identified another 245 for-sale (non-senior) planned housing units are expected to come
<br />online during the coming 24-month period. The short-term development pipeline includes
<br />five small projects in the city of Roseville, plus Twin Lakes, along with another large
<br />redevelopment project in St. Anthony. Each of these projects are mapped below and described
<br />in the paragraphs that follow.
<br />Short-Term Development Pipeline (1 to 2 years)
<br />F,µ,,k,�, � .: . . � . _ . . .. �•P,�!..� - : } v��:M. . __ � .
<br />. . . �I �y 1 +! 1 . •� . . r . �� l �'� ��-� .
<br />_ M1�t{ .. �{ . . ' . ���� � � :'_, .. _ .. _��. • ��1- '• �f J�M1' A •_ ' .�. {
<br />�_r.rnsN.� • '�•� �,.�.� � j i � ' � �r � i. • . � .� ;'►t• �i•�� , f. �,' �•T ��_.} �. ?f}'
<br />� IN Rr . ,.� .. . �•' : :' r .• . r, . ,_ , � . � • M1, • r M1 d�{'• '��-
<br />1� * • ' .. + � '� � • • • �k•�� I��a•. 1 �.� i �..i i. . ,• y , i� , c�! �°�t �'r
<br />� 5 ' ' ��''' '�,� .. {.t. � ' ' : • � _ i.�w � �,.� ���,:r, ���. � '
<br />. �: �� � �. :,'
<br />I � �y'i1L�+� ��' ��� = i ��.. - .: r i , -} �: .k ,. � " �. �� '�rri �•l �ri {y' �� � , . 1. . ' ' �
<br />'�� �• �_i� �= ,ti '�• � . '�L,I . : ; �i rl: _ ' , _ • �'''
<br />�' �- `� :
<br />F •.. . , . ��h_i�p � ;• .._ . y � :ac : � S' _ �,;.�Yy _ nyix�'� �• 777' '� ' I. L' .
<br />� �• '}� '� 'r�" � ''� �•' #' �••�•'_""
<br />y�,�F 3��}'�� Kr �' �' }.fL� Ii � {.tiy. �:� ' Ji ,''S',��.` '•i .�. • • �. J�',J � �v
<br />a �'r •,-' ]?ir,55i�N�':;'.'...... . ►� i,r�.,�„R ' �.y- I �c._� .•. Ll,• - '•, '�..-L'•'-i •�.��
<br />._. J.::•�• —•ia�••,....�...��••_•---•-- � __ � F �; �i f l'1•�-_•• 'r': '�. , • �,.:,�lu•..+L.a � :
<br />I ' � L, I'ti����7' }�' 1 � - �: •. 1. 5}iY � j7 A�jl��. �: . i�r.
<br />�1 � .JCM 'ir '.• ' • ' ' � 1 %� . 1 . . � : '•n.��� f lI �� �` ��^'r
<br />��.�LU� �ff '',r • :•Y ! � J ' ��i�j .^_• 1.� ` l' r -�' •r� �� f�''' - �l +,�ti ?! r •# '; �tip' 1'
<br />f�f •� _.�.• �•�`�• •�T—��_ . 1�:— �.5-•� �— � •. •,r�s' M1r. � � • •.-
<br />` N�Ih'��ir 1 .:y • • ]] � ..- �.7 • L " � Y�: ':y - � �'� - ?rrr
<br />�' ii � • . . . •'y; % � , �[ _ _�... • ^ 1�, .' � � � _'{�j�^ , '' . , , 'r+ .. F.k �� .�j.
<br />i • ' • ' `�•Y •{ `{ ,.: •�� ', . �?,� . • •r,� _�,• • 5 _ "•af:• �,,}'�i•�i
<br />'��i,�•,i7 � � .- . +a•�::}'�,. � t �, . `�'-.' � `�!N +Ir , .. .�tt..U� '
<br />� . ".
<br />� i.l l �
<br />" i •`' ' .`wsti•�c.— �'--""�:=�r.'v�: • •.i - - r �" k.... �... �z����`�:-l�r.r+="'l5T . r..•�.. ..
<br />� �� � � � •' � �s . .. � �•.. � �}� r,,� . . . .
<br />I i a�: t�.Y' rLyy'Ik'�wfl' z .:„ ��� fi.�i `yr �E '��_: l . yc� '' y � i �t • i.rri�� I�rAil 3� 4�...
<br />, .. , .
<br />.
<br />. . �.
<br />� 'T :.��� �': '�'._.,.�• : .,Nn'r�.��.� a �1 �u��h.�'F � . �:ic> •�:..'.w! fj#`. -- .::i � ._ v.
<br />� • � = �: �.,..
<br />_� _
<br />' � }"7.�: � . .��� - � •�'� — M1 i� - �,r4 ' in••r.
<br />....�.� ... . ��� ��� � �,}--:- ��� ��'ti • . — ��.._.�. — �i� _ .,,�
<br />.� -� . f�. ��=�—� .: �
<br />. �•'.� .. - F .. . : -- .. .-. � �. ����� :� ,
<br />. . . • ...� ••.}4':_. • �. �t .,..� �� . �,.�— 'r� � • w ... �� � •.�„ 9 �x
<br />��I i ', . + . f L �� � ;:; �.. } . , •• ..•..
<br />��_ ..., ���: %�• �_�,.� ' ._. I r.?...�r "' ��-�i.s{. ��:�,�s .,:��� y,��,:', . ' � � . .. r � .�.�' y?i • '
<br />� � h,i�ni7pDu�,�:.•:- , II {: : � :;..� ,.: , +�i ._ .5�,,._:�.,+ r��,,;F.....��.. �n� �.�7�. . ���:��;; .
<br />} � • �� � .M�IN�wfWL•tis��„ y .. � ,•�• �¢'.�'" •_�,'..,�n�� • r7.y. ' ..; � , Yr ��,G_ � .� ,, r�
<br />' • „'
<br />..; � �+y � y .
<br />�• ' � .'��•,��C�� � �. 'T�R � {�.� �C�L IF ��{�i��'�..A.....� .
<br />� � � ' ��j'" '�'�
<br />. . � �.�YI� �,.��.a:k � •, �� � t "' s Y � i" •�� � • • '� • _ +y
<br />�. ' i ' � M1 I . . •
<br />� L�. . - ,:�.��:, k :;;. � : � _ .��. �, . y� .. µ ,�_t., �.� r .. _ _ ...�t�.��:; �„�.�„u
<br />'r�rt� rt� :�. yl�_�1F1.� •_, .{ ,.�.r,' •
<br />' .�..._.�-� ��• �C ti . L - �. •A 1 t. J� , .�=.-r !!•.L* � 3C_:::M1F.��. • �
<br />4:• � i � M1 •',� r� ' ,
<br />�' .. _711_ ..�.. 'Y .i,.u� v17 5 uf y ��_ i, � �; �:� t� '.�. ii
<br />•�+,��.��•'� . �' •�1,. : � 12r�" ��v,'��.� • ;�� . ^ M1 �� , . ; I
<br />' �_ y I{ L Ir. ' . � � � .... i �-�T�� GP�}V'.� := � �� _, I� . . . . . __ �.� ;G; � . . . .
<br />T '��� � �
<br />_ J : . J�. L' • • • 1�1
<br />,�,�a�, y� � ••i�Frlw ',-� ',
<br />'��?,�y �hN�rfA 11 i�i -� nr;p . .`�.�u 'v'�,i :..i,., . �-i• i• �TwJ I{+': �� ��y''' �� ri�i. • .. y _ . .
<br />i � �; `
<br />. .y �.�':�i • f i t.1��45'� . ..��i ��.: �'r•94 '14�H_r,+. J.ri�' -� . . ..._._ . Y. .�..� .
<br />GVA Marquette Advisors Page 16
<br />
|