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City of Ramsey 2030 Comprehensive Plan <br />Appendix A: Community Background <br />Ramsey Town Center as a location for younger households in need of affordable housing with good <br />access to employment. <br />It was noted previously that Ramsey has shifted its development pattern from almost entirely detached <br />single-family homes to a much higher proportion of attached or multifamily housing. For a span of <br />several years during the early 2000s, two attached units were built for every one detached unit. This <br />recent trend will likely subside through the end of the decade because the slow down in the for -sale <br />market will affect younger, entry-level homebuyers, who are the primary market for attached housing. <br />Figure 3-18 shows housing growth potential, broken down by ownership and rental tenure for the <br />remainder of this decade. <br />Figure 3-18 - Potential Demand for Housing in Ramsey By Housing Type 2007-2010 <br />Ow ner Occupied <br />Housing <br />345 - 375 Units <br />(75% of Total) <br />Single -Family <br />Housing <br />205 - 225 Units <br />(45% of Total) <br />2010-2020 <br />Housing Growth <br />Potential <br />460 - 500 Units <br />Multifamily <br />Housing <br />140 - 150 Units <br />(30% of Total) <br />Renter Occupied <br />Housing <br />115 - 125 Units <br />(25% of Total) <br />General <br />Occupancy <br />too few units <br />to breakdow n <br />Age - <br />Restricted <br />too few units <br />to breakdown <br />Substantial growth is forecasted for Ramsey from 2010 to 2020. Rental housing will continue to be an <br />important component to the housing market as a critical mass of the population in Ramsey and <br />surrounding communities becomes age 65 or older and begins to desire low maintenance housing. In <br />addition, emerging employment centers along Highway 10 and the accessibility created by the Northstar <br />Commuter Line will increase the overall demand for rental housing in the northwest sector of the metro <br />area. <br />As developable land becomes more scarce throughout the 2010s in Ramsey pressure will mount for the <br />remaining land to be developed at higher densities (Figure 3-19). Furthermore, demographic trends <br />indicating strong growth among older age groups will add additional pressure to develop new homes as <br />multifamily product that requires lower maintenance than single-family product. <br />City of Ramsey 2030 Comprehensive Plan Appendix A-25 <br />