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0.80 <br />0.70 - <br />City of Ramsey 2030 Comprehensive Plan <br />Chapter 12: Economic Development <br />610 in Brooklyn Park, may siphon considerable demand for new commercial and <br />industrial growth in the coming years. <br />Not all of the forecasted job growth will result in development of new <br />commercial space since some industry sectors do not require traditional office or <br />industrial space to house workers. Industry sectors that typically use office space <br />are Professional and Business Services, FIRE (Finance, Insurance and Real <br />Estate), and a small proportion of Education and Healthcare Services. Industrial <br />space is typically used by employees in the Manufacturing, Wholesale Trade, and <br />Transportation sectors. <br />5. Ramsey Employees and Employers <br />Table 12-1 and Figure 12-5 illustrate historical and forecasted employment <br />figures for Ramsey. In 1990, Ramsey was a bedroom community with few local <br />jobs to support the local population. Over the past 15 years, the Ramsey <br />employment base has grown more rapidly than the population and there are <br />currently approximately 1.5 households for every local job. Although Ramsey is <br />adding jobs, several nearby communities still have a much higher concentration <br />of jobs. A comparison with surrounding communities is contained in Table 12-2. <br />Having a balance between employment and housing reduces the commuting <br />demands on the regional highway system, increases resident quality of life, <br />improves property values and leads to a more sustainable community. The <br />Metropolitan Council is projecting that Ramsey's economy will continue to grow <br />through 2030, however, the employment growth is not projected to keep pace <br />with household growth and as with many suburban communities the number of <br />jobs per household will continue to lag the average in the region. <br />Figure 12-5: Local Employment per Household <br />0 <br />8! <br />2 0.60 - <br />$. <br />0 <br />0.68 <br />0.68 <br />• <br />• • 0.61 • <br />•• 0.56/ <br />0.68 <br />• <br />• <br />0.50 - <br />0.40 <br />1990 2000 <br />Source: Metropolitan Cbuncil <br />2006 <br />2010 <br />2020 <br />2030 <br />Table 12-1: Employment and household growth <br />City of Ramsey 2030 Comprehensive Plan <br />Page 12-6 <br />1990 <br />2000 <br />2006 <br />2010 <br />2020 <br />2030 <br />Errployrrant <br />1,941 <br />4,008 <br />5,225 <br />6,700 <br />9,100 <br />11,300 <br />Households <br />3,620 <br />5,906 <br />7,629 <br />10,900 <br />16,200 <br />16,500 <br />Errp/HH <br />0.54 <br />0.68 <br />0.68 <br />0.61 <br />0.56 <br />0.68 <br />SDurce: Metropolitan Coundl <br />City of Ramsey 2030 Comprehensive Plan <br />Page 12-6 <br />