|
<br />- 20 -
<br />Permits Issued by the City
<br />
<br /> New Single New Total Value*
<br /> Family Residential Commercial/Industrial (All Permits)
<br />Year Number Value Number Value
<br />
<br />2021 (to 3-31) 67 $18,837,400 0 $ 0 $20,681,484
<br />2020 163 44,190,150 0 0 51,686,279
<br />2019 114 28,706,490 5 2,917,800 42,723,699
<br />2018 160 37,379,597 2 2,828,860 51,853,544
<br />2017 133 32,003,018 1 844,771 55,799,312
<br />2016 100 26,157,239 2 13,241,334 54,291,475
<br />2015 47 12,807,908 2 6,196,000 27,324,068
<br />2014 33 9,046,060 2 1,111,000 13,812,706
<br />2013 30 7,666,210 5 4,505,422 18,337,053
<br />2012 26 6,366,995 0 0 10,751,626
<br />
<br />* In addition to building permits, the total value includes all other permits issued by the City (i.e. heating, lighting,
<br />plumbing, roof replacement, etc.).
<br />
<br />Source: City of Lino Lakes.
<br />
<br />Recent Development
<br />
<br />Economic Development
<br />
<br />Development activities have remained steady over the past four years. Residential new construction permits
<br />continue to exceed 100 annually, while commercial development is expanding to support the growing
<br />residential market. In 2020 the City approved a 37,000 square foot expansion to the Laborer’s Training
<br />Facility and phase 1 approval of the Otter Crossing commercial development. Lennar Homes is currently
<br />building out its 864-unit Watermark residential development along the Interstate 35E corridor. An
<br />additional 91 lot development is planned for approval in Spring of 2021.
<br />
<br />Residential Development
<br />
<br />The following table shows projected lot development in existing subdivisions for single-family homes:
<br />
<br /> As of March 2021
<br />Subdivision Total Lots Lots Remaining
<br />
<br />Eastside Villas 32 22
<br />Nadeau Acres 35 24
<br />Saddle Club 4th Addition 8 5
<br />Watermark 193 25
<br />Watermark 2nd Addition 57 30
<br />Watermark 3rd Addition 175 139
<br />
|