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CONCLUSIONS AND RECOMMENDATIONS diverse resident profile, but we anticipate that a higher proportion of young to mid-age pro- fessionals as well as singles and couples across the age span would be captured at the Bevel- , opment. Additionally, due to the locations of Northwestern College and Bethel University, it is likely some units would be occupied by college students and/or recent graduates who reside as roommates. The new market rate rental units should be designed and priced comparable to the two exist- ing luxury properties in Roseville as well as contemporary properties located in the sur- rounding suburbs. We believe the addition of such a rental building will facilitate greater housing choice in the City and will better serve the needs of households that live and/or cur- rently work in Roseville. New rental properties under construction or recently developed in the Twin Cities are chazg- ing rents on average from $1.25 to $1.50 per square foot in suburban locations to $1.80 to $2.00 per square foot in high-amenity urban locations such as Minneapolis and St. Paul. New suburban properties in third and fourth-tier suburban communities such as Lakeville, Eagan and Woodbury are charging between $1.25 and $1.40, on average. A project in Roseville would fall within the aforementioned price per square foot range for suburban communities, approximately $1.25 to $1.35 per square foot. • .At1`ordable Rental Housing - Although there is demand for approximately 185 affordable units over the next decade, we recommend phasing the units with no more than 80- to- 100 units in the short-term targeting moderate-income household types. Much of the existing rental stock that functions as af- fordable housing is in multistory buildings with a higher percentage of smaller unit types, which often cannot comfortably accommodate family households. New affordable units would attract many existing Roseville residents residing in older market rate properties seek- ing larger unit sizes and more modern unit and building amenities. In addition, affordable housing will be attractive to households from outside Roseville who seek to reside in the community to have close proximity to employment, shopping, and schools. As a result, the demand for affordable products could be even higher than what is actually stated. We recommend an affordable family townhome component with a mix of two- and three- bedroom units that could be designed as rowhomes or back-to-back structures in order to manage the development costs of these units. Alternatively, a traditional three-story build- ing would also accommodate affordable demand should the unit mix be weighted towards larger unit sizes. Over the next decade, affordable housing demand is sufficient to be able to accommodate housing types in both townhome-style and apartment-style buildings. With new rental housing units added to the City of Roseville, there may be increased occupan- cies among the existing rental stock, particularly among older properties that are unable to com- pete with newer, contemporary market rate properties. According to Metro HRA, approximately 210 Section 8 housing vouchers are being utilized in the City. We recommend an increase in the acceptance of vouchers in order to meet the significant demand for subsidized housing in the City of Roseville. MAXFIELD RESEARCH INC. 91