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Chapter 5: Land Use and final master plan | 20Otter Lake Road Master Plan """"""" <br />" <br />"""""""""""""""""""""""""""" <br />""""35E 158thSt <br /> <br />N <br />Empress AveN24th AveNACD 55ACD <br /> <br />7 <br />2 <br />ACD 72 Document Path: K:\018524-000\GIS\Maps\DraftProspectus\DraftProspectus.aprx Date Saved: 9/13/2021¯1 inch = 500 feet <br />0 500 <br />Feet <br />Figure 2: Project Boundary <br />Potential Easement Area <br />Approx. Tile Locations <br />2019 Wetland Delineation <br />County Ditch <br />Winter's Wetland Bank <br />City of Lino Lakes ,MN """"""" <br />" <br />"""""""""""""""""""""""""""" <br />""""35E 158thSt <br /> <br />N <br />Empress AveN24th AveNACD 55ACD <br /> <br />7 <br />2 <br />ACD 72 Document Path: K:\018524-000\GIS\Maps\DraftProspectus\DraftProspectus.aprx Date Saved: 9/13/2021¯1 inch = 500 feet <br />0 500 <br />Feet <br />Figure 2: Project Boundary <br />Potential Easement Area <br />Approx. Tile Locations <br />2019 Wetland Delineation <br />County Ditch <br />Winter's Wetland Bank <br />City of Lino Lakes ,MN <br />Otter Lake Road <br />Study Area <br />Potential Wetland Bank <br />Easement Area <br />Approx. Tile Location <br />2019 Wetland Delineation <br />County Ditch <br />Current Trends <br />The Otter Lake Road extension will provide opportunities for property owners to develop their property in a way that was not possible prior to the extension. As part of this master plan it is appropriate to analyze current <br />market trends to determine if the existing zoning and land uses are appropriate for maximizing development potential. The Twin Cities real estate market is seeing the following trends occurring at the time: <br />INDUSTRIAL <br />Properties adjacent to major interstates with good local access are being purchased by users intending <br />to build 250,000 square feet or more for industrial uses. Smaller users also exist but the higher square <br />footage is highly sought after at this point in time. <br />RESIDENTIAL <br />The high density residential market is strong in <br />the Twin Cities Metropolitan Area. <br />COMMERCIAL <br />Commercial activity is occurring at this time but <br />at a much slower rate than industrial activity.