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Units <br />25,000 <br />20,000 <br />15,000 <br />10,000 <br />5,000 <br />0 <br />• <br />• <br />0-1 <br />i <br />i 1 i <br />,▪ YST Y•T J-r ITJ ^T T,T -r-r YA• M -r T� T T T T T T r T <br />0 w r. P. Cr m L AYW O5 0 N m 4 u U17 P CO 0 CJ w N m rr u1 .D i� .0 .7 0 •w N <br />0 m p� m a m m m p p 4 0 o p p© o .r N M M .+ P+ ra ry rl <br />n1 On ti g N 4 N N S g N N S N N N N N N N 4 N N 4N N N <br />Figure 4-4 <br />METROPOLITAN AREA BUILDING PERMITS; 1990 TO 2012 <br />STABILIZED RESIDENTIAL DEMAND; 2013 TO 2035 <br />• <br />1 <br />4"0 Avgerage Household Increase • Building Permits <br />Source: U.S. Census, State Demographer, and McComb Group, Ltd. <br />r+▪ l ▪ CV • N ▪ • N N N CY <br />N 0000000 <br />N N <br />• Residential Demand <br />0 <br />O <br />N <br />1 <br />w e+4 m �rc�n1 5n <br />C7 4 4 4 4 <br />N N N N <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 />