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' xfield <br /> 4__. . 1! . ♦ Research Inc. <br /> \ re 1 <br /> July 20, 2011 <br /> Mr. Clay Wilfhart <br /> Assistant Director of Economic Development <br /> City of Elk River <br /> 13065 Orono Parkway <br /> Elk River, MN55330 <br /> Attached is our study entitled "Comprehensive Housing Needs Analysis for the City of Elk River. <br /> The study projects housing demand over the next five years (through 2017) and provides <br /> recommendations on the amount and types of housing that could be constructed in Elk River in <br /> to satisfy demand. <br /> The study found potential demand for about 335 new housing units in Elk River from 2012 to <br /> 2017, which include a variety of housing products. Detailed information regarding <br /> recommended housing concepts can be found in the Conclusions and Recommendations <br /> section at the end of the report. <br /> We enjoyed completing this study and are available should you have any further questions or <br /> require additional information. <br /> Sincerely, <br /> MAXFIELD RESEARCH INC. <br /> iedt- -/edhe 1„...... ,„;,,„ <br /> Matt Mullins Brian Smith <br /> Vice President Research Analyst <br /> Attachment <br /> 612-338-0012 (fax)612-904-7979 <br /> 1221 Nicollet Avenue,Suite 218,Minneapolis,MN55403 <br /> www.maxfieldresearch.com <br />