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Edina Housing Task Force DRAFT March 2006 1. AVISION FOR EDINA'S FUTURE People choose Edina. Edina is pri- marily a residential community, but is also home to nearly 50,000 jobs. Edina offers outstanding public schools, beautiful parks and abun- dant recreational opportunities, civically engaged citizens, quality medical facilities, numerous employ- ment opportunities, and a conven- ient location. The people of Edina, both its residents and its work- force, contribute to making Edina an outstanding place to live, raise a family, work, and retire. Successful communities create an environment that allows them to continually renew and reinvigorate themselves despite economic up- heavals and demographic changes. They take the long view and rise to challenges. They recognize that, in this fast -paced globally competitive world, a successful past does not guarantee a successful future. This imperative to look ahead was the impetus for Edina's Vision 20/20 Plan (20/20 Plan) as well as the Edina Housing Task Force (the Task Force). Edina's 20/20 Plan sees Edina as the "preeminent place for living, learn- ing, raising families and doing busi- ness." This cannot be accomplished without balanced housing options. In particular, Edina must continue to offer housing opportunities to people who have always been a part of Edina — hard-working people and families and seniors of modest means. Some of the 20/20 Plan strategies, such as a high quality liv- able environment and a balance of land uses, speak directly to the im- portance of housing in Edina. Yet achieving the 20/20 Plan's vision will be complicated and challenging in a fully developed suburb with over 60% of its housing built before 1970 and more than 80% before 1980. Edina's past teaches us that its at- tention to planning and redevelop- ment has kept Edina strong. Look- ing to the future, the Housing Task