09-05-2017 Council Packet - Laserfiche WebLink

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4-7 Chart 4-4. Distribution of New Units by Type Distribution of New Units by Type (2000-2005) 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Lino Lakes: Total Lino Lakes: W of Park Lino Lakes: E of Park Blaine Hugo Forest LakePct. of Units Permitted to be BuiltMultifamily Townhouse Single-Family Source: M etropolitan Council; City of Lino Lakes 116 3 N e w Units 416 New Units 747 New Units 4607 New Units 2068 New Units 16 0 8 N e w Units Housing Demand in Lino Lakes Significant growth is expected to occur through 2030 in southeastern Anoka County and northwestern Washington County as this area is currently the developing edge of the northeast sector of the Twin Cities metropolitan region. Over the next 25 years, most of the growth in this area will likely occur in neighboring Blaine, Hugo, and Forest Lake, as these communities contain significant tracts of undeveloped land that will conceivably be developed and marketed to the largest and most active segments of the market. Depending on appropriate densities and accessibility of individual developments to goods and services, Lino Lakes certainly has the potential to absorb a portion of this growth. The Metropolitan Council forecasts that Lino Lakes will grow by approximately 2,200 households between 2000 and 2010, by 1,500 households between 2010 and 2020, and by another 1,500 households between 2020 and 2030. Life-Cycle Housing and Housing Diversity Life-cycle housing is defined as housing that meets the needs of the community in all age ranges and affordability levels. To accommodate this range in housing options, the City’s housing supply should be diverse and consist of a variety of styles and price ranges to serve all residents. The Metropolitan Council has developed certain generalizations concerning each age group and its respective housing needs. This information is important in terms of developing a plan to provide a variety of housing to meet the needs of these different age groups and maintain a strong and vital community. Usually, people between the ages of 0 and 19 are students living with their parents. Those between the ages of 20 and 24 are often renters and do not often become first time home- buyers until they reach the ages of 25 to 34. First-time homebuyers (25-34) and move-up renters often prefer to purchase modestly-priced single family homes, townhomes, or rent upscale apartments.