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Saturday, April 23, 2011

"Developers will just build where they want to:" and other funny stories

I had the pleasure of inquiring of an Evansville Common Council member about the comprehensive plan, and he mentioned to me that one of the wisdoms of the plan is that there is just no telling builders where to build, so the best thing is to expand everywhere and let the market run. The plan to be discussed that expands in four directions reflects this philosophy---Here is the text.

"Based on current WDOA projections, the City of Evansville and the surrounding area within the
City’s USA is projected to grow to approximately 8,199 persons over the next 20-years. This
amount of growth translates to approximately 1,022 new dwelling units, which will require
approximately 511 acres of land planned for future residential expansion. Additional land needs
to be set aside for non-residential growth and to account for the fact that not all potentially
developable land in the City’s USA will be offered in the market at the time that there is demand
for new land supply. In general, planners set aside 2 to 3 times the projected residential land
demand to account for uncertainty in the market place and non-residential land demand. Table
1 depicts the population, dwelling unit, and residential land demand projections for the 20-year
planning period extending from 2010 to 2030.
"

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