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Last revised July 24, 2014 <br />Looking ahead to 2040, the Council forecasts <br />robust growth across a range of communities in <br />various stages of development. Following World <br />War II, the construction of the modern highway <br />network surrounding the developed core of the <br />Twin Cities region revolutionized accessibility <br />and opened up a supply of new land for <br />development. Historically, the region's urbanized <br />footprint has grown as the highways expanded. <br />However, the trend appears to have limits, and a <br />new balance of regional growth is emerging with <br />substantial redevelopment in the Urban Center <br />(see Part II for a map). <br />The maps at right highlight the communities that <br />have seen the most household growth by decade <br />since the 1970s. Eden Prairie, Maple Grove, and <br />Plymouth have remained among the 10 highest - <br />growth communities in all four decades. <br />The Council's forecasts to 2040 anticipate that <br />significant growth in households will continue in <br />the Suburban Edge and Emerging Suburban <br />Edge. Communities in these two designations <br />have relatively ample supplies of undeveloped <br />land and will attract almost half of the region's <br />forecasted household growth. At the same time, <br />Council forecasts project a significant pivot of <br />growth back into Urban and Urban Center <br />communities. <br />Top 10 arowina communities <br />in the 1970s: <br />in the 1980s: <br />in the 1990s: <br />in the 2000s: <br />While these demographic shifts affect real estate <br />demand, the region's available land supply is <br />also changing and adjusting to limits. Land costs <br />are lower in Emerging Suburban Edge <br />communities than more centrally -located sites. <br />However, the minimal future growth in regional <br />highways will limit the expansion of the region's <br />urbanized area. As households weigh the <br />tradeoffs between cost and location, the cost 2010 to 2040: <br />advantages of the suburban edge will diminish. <br />Demand for central locations and accessibility <br />will create opportunities that exceed the costs <br />and challenges of redevelopment, and more <br />growth will be in areas with higher levels of urban <br />services, including neighborhoods along <br />transitway corridors. This redevelopment, infill <br />development, and higher densities in the older, <br />urbanized, and most accessible parts of the <br />region more efficiently use existing regional infrastructure, but <br />developers and local units of government. <br />can also be complex and costly for <br />2040 HOUSING POLICY PLAN I METROPOLITAN COUNCIL <br />DRAFT RELEASED FOR PUBLIC COMMENT Part I: Introduction I Page 4 <br />