Laserfiche WebLink
Figure 4-4 <br /> METROPOLITAN AREA BUILDING PERMITS; 1990 TO 2012 <br /> STABILIZED RESIDENTIAL DEMAND; 2013 TO 2035 <br /> nits <br /> 25,000 <br /> 20,000 <br /> 15,000 <br /> 10,000 <br /> 5,000 - - - - <br /> 0 <br /> pQ. p1 pN1 PQQ'f!f pQf 111 1ppQ11 1� GO Ol O N 1+1 pQQ tppll 10 Ipps COoO 01 � ,-1 N !'/1 Q U1 1D 1` 00 O1 � M N 1'/1 Q N 40 f� 00 O1 'C� eY N 1'/1 Q N <br /> f-� Avgerage Household Increase ■ Building Permits ■ Residential Demand <br /> Source: U.S.Census,State Demographer,and McComb Group,Ltd. <br /> Ramsey Residential Demand <br /> Future stabilized household growth projections for Ramsey and the Ramsey Station Draw Area <br /> take into consideration estimated future market share in the North Growth Corridor and <br /> Northstar Corridor Draw Area. Market share relationships established in the previous section are <br /> used to estimate future stabilized residential market demand. Future Metropolitan Area <br /> households for 2013 through 2035 are shown in the first column of Table 4-18. These estimates <br /> are based on households for the Metropolitan Area plus Sherburne County counted in the 2010 <br /> Census. Future household estimates are based on the State Demographer's 2012 population <br /> estimates adjusted to reflect average household size contained in the State Demographer's 2008 <br /> estimate of population and households. This results in a 2013 estimated 1,194,278 households in <br /> the Metropolitan Area plus Sherburne County. Future stabilized household growth is about 20 <br /> percent lower than past projections. Metropolitan Area plus Sherburne County households are <br /> estimated to increase to 1,226,189 in 2015, followed by an increase to 1,300,152 households in <br /> 2020. The rate of household growth slows after each five-year period. <br /> Over the past 20 years, the North Growth Corridor has captured an average of 15.4 percent of <br /> Metropolitan Area plus Sherburne County growth with a higher growth rate of 17.5 percent <br /> during the housing boom. In the future, it's estimated that the North Growth Corridor will <br /> capture about 16.5 percent of the Metropolitan Area plus Sherburne County new households. <br /> 4-21 <br />