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2. HRSR 02-01-2016
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2. HRSR 02-01-2016
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1/28/2016 3:10:48 PM
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1/28/2016 12:27:44 PM
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City Government
type
HRSR
date
2/1/2016
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Single-Family Development Recommendations <br /> ➢ Diminishing lot supply— less than <br /> 200 vacant developed lots <br /> g PZ <br /> ➢ Recommend 3 to 5-year lot � v <br /> supply ,=tom �•em <br /> Split-level example <br /> ➢ New lots need to be platted to <br /> meet future demand -/ <br /> WM <br /> ➢ Demand for all new construction ' <br /> price points: u; �( lII <br /> • entry-level (>$225k) <br /> • move-up ($250k-$350k) \ <br /> move-up example <br /> • executive ($350k+) Maxfield <br /> i R h&Consultin• <br /> Multifamily For-Sale Development Recommendation <br /> ➢ Demand for 186 units <br /> ➢ Attached housing slow to recover +' <br /> since recession <br /> • Absorb existing townhome supply <br /> before approving additional Detached town home example <br /> townhome developments <br /> 111"11111M <br /> I <br /> Potential housing types: <br /> • Twin homes <br /> • Detached townhomes <br /> • Quads <br /> • Townhomes/row homes Attached Tuck under TH example <br /> Maxfield <br /> 10 <br />
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