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• <br />• <br />• <br />2010 -2020 <br />A higher proportion of housing demand (20 percent) is projected to be for rental housing <br />between 2010 and 2020 as a critical mass of the population in Lino Lakes becomes age 65 or <br />older and begins to desire low maintenance housing. In addition, emerging employment centers <br />along Interstates 35W and 35E as well the development of the Twin Cities Army Ammunition <br />Plant (TCAAP) site in Arden Hills will increase the overall demand for rental housing in the <br />northeast sector of the metro area. <br />As developable land becomes more scarce throughout the 2010s in Lino Lakes, pressure will <br />mount for the remaining land to be developed at higher densities (Chart 4 -6). Furthermore, <br />demographic trends indicating strong growth among older age groups will add additional <br />pressure to develop new homes as multifamily product that requires lower maintenance than <br />single - family product. <br />Chart 4 -6 <br />Potential Demand for Housing in Lino Lakes <br />By Housing Type 2010 -2020 <br />Owner Occupied <br />Housing <br />2,400 - 2,800 Units <br />(80% of Total) <br />650 -760 West <br />1,750 -2,40 East <br />Single- Family <br />Housing <br />850 - 1,000 Units <br />(28% of Total) <br />230 -270 West <br />620 -730 East , <br />Housing Growth <br />Potential <br />3,000 -3,500 Units <br />800 -950 West <br />2200 -2,550 East <br />Multifamily <br />Housing <br />1,550 -1,800 Units <br />(52% of Total) <br />420 -490 East <br />1,130 -1,310 West J <br />4 -11 <br />sl <br />Renter Occupied <br />Housing <br />600 to 700 Units <br />(20% of Total) <br />160 -190 West <br />440 -510 East <br />J <br />General <br />Occupancy <br />420 - 490 Units <br />(14% of Total) <br />115 -130 West <br />305 -360 West J <br />Age- Restricted <br />180- 210 Units <br />(6% of Total) <br />50 -60 West <br />130 -150 East <br />J <br />