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Assumptions and Projections: Population/Households/Employment <br />The City's population is expected to remain relatively stable between 2010 and 2030 <br />following a slight increase (just under 10%) between 2000 and 2010. A decline in <br />household size will be offset by an increase in the number of households. In addition to <br />the 189 new units constructed in Falcon Heights Town Square (and included in the <br />projection for 2010), the City will need to provide housing for an additiona1250 <br />households by 2030. <br />The only way the City can experience appreciable growth is if the University of <br />Minnesota substantially increases its supply of student housing or sells some of its <br />agricultural land for private development. Although both options are considered unlikely, <br />the City must take them into account when planning future land use in case the <br />University's plans change. <br />Due to the lack of vacant land that can be developed, the City will concentrate on the <br />maintenance of neighborhoods and redevelopment as means to maintain the City as a <br />viable community. Unless the University makes part of its land available for <br />development, the expected need for additional housing units will be accommodated <br />through redevelopment of existing multi-family and commercial properties along the <br />Larpenteur Corridor. <br />Because of the lack of privately owned vacant land for commercial development, <br />employment is unlikely to show much net change by 2030. The decrease caused by the <br />departure of Harvest States and Hewlett Packard will be offset by a slow growth of jobs <br />on the University campus. Limited employment growth may also occur through <br />redevelopment or more intense use of the larger commercial properties west of Snelling. <br />Historically, Falcon Heights has found it cost effective to contract cooperatively with <br />other municipalities and with Ramsey County for many of its services. Due to the City's <br />relatively small population base and limited resources, it will continue to satisfy many of <br />its needs through service sharing arrangements with other units and levels of government. <br />The City will take advantage of new technologies to make services more readily available <br />without staffing increases. <br />• <br />• <br />Falcon Heights Comprehensive Plan 2008 Draft -January, 2008 Section I: Background, Page I-12 <br />