PCAgenda_08Mar25 - Laserfiche WebLink

Home Browse Search

• sidewalks along the residential streets, it is well provided with pedestrian connections to Prior and Larpenteur to the south and to Community Park on the west. University Grove. Located between Hoyt Avenue and the University golf course, west of Cleveland Avenue, University Grove is a distinctive neighborhood originally intended for University faculty and staff. The Grove is adjacent to St. Anthony Park, one of St. Paul's most desirable neighborhoods. Homes in the Grove were built between the 1920s and the 1970s in a myriad of styles, each individually architect-designed. Homeowners are lessees of their lots, which remain the property of the University of Minnesota, and properties are subject to neighborhood association governance as well as City zoning code. The neighborhood features common green areas in the interiors of blocks, plenty of sidewalks and pedestrian paths, and a small neighborhood park. 1666 Coffinan, a 92-unit condominium apartment building for retired University employees stands at the north side of the neighborhood at Coffinan and Larpenteur Existing Housing in Falcon Heights Falcon Heights Housing: Density, Condition, Value and Age • The City is fully developed with single-family housing at net densities ranging from 2 • to 6 units per acre. Existing multi-family housing ranges from 12 to 46 units per acre and is primarily located along Larpenteur Avenue. Overall, Falcon Heights exceeds the Metropolitan Council's 3 unit per acre benchmark. There is almost no private vacant land available for the development of new housing. • The City's housing mix has remained remarkably stable but home ownership has decreased from 59.5% in 1990 to 54.0% in 2007, primarily due to the addition of 175 rental apartments in Falcon Heights Town Square. • Anecdotal evidence, mostly through discussions with rental property owners, reflects a consistently low vacancy rate among rental properties. • Housing quality is very good. According to the Ramsey County Department of Records and Revenue, all housing was rated "Average" or better in 2006, except for 12 properties which were rated "Fair." None were rated "Poor." • Housing values remain strong. In 2000, median value of asingle-family, owner- occupied home was $161,400 compared to a median value of $126,400 in Ramsey County. In 2006, the median value was $273,100, with 90% of owner-occupied housing valued above $214,500. • Nearly half of the housing stock (45.5%) was built between 1950 and 1969. Only 17.7% has been built since 1974. • Approximately 15% of the City's housing stock (excluding dormitory or group • housing) is located on the University of Minnesota campus in Commonwealth Terrace. It is entirely under the jurisdiction of the University. Falcon Heights Comprehensive Plan 2008 Draft -January, 2008 Part II: Land Use & Housing, Page II-21