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6.11. SR 03-17-1997~y of iver ITEM 6.11. TO: FROM: DATE: SUBJECT: MEMORANDUM Mayor and City Council Steve Ach, City March 17, 1997 Residential Lot Inventory Update Attached is a lot inventory of active residential developments that have been approved since 1989. This lists helps summarize the building activity that is occurring in each of the subdivisions since they have been final platted and ready for construction. Once a project is "built out", it is removed from this list. Therefore, projects such as Country Crossing Townhomes 1st and 2nd are not listed because every lot has been developed. Based on the number of single family building permits issued last year, a current inventory of available vacant lots is approximately 1-1/2 years supply. It should be noted the column listed "Lots Developed" merely indicates a building permit has been issued on a particular lot. The new construction may be for a recent purchase by a home buyer or, the builder is constructing a model which has not yet been sold. s:\council\inventor .doc 13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425 CHERRYHILL BLUFFS 2ND i 1993i 311 25 6 CHERRYHILL BLUFFS 4TH i 19961 16~ 5 11 COUNTRY CROSSING 2ND 19961 62! 60i 2; 1996! 46! 10! 36 1996J 75[ 111 64 1993'~ 491 481 1 COUNTRY CROSSING 3RD LAFAYETTE WOODS M EADOWVALE HEIGHTS MEADOWVALE HEIGHTS 2ND , 1995i 59i 57i 2 1996' 41! 3i 38 NORDIC WOODS ORONO HEIGHTS TOTAL HERITAGE LANDING HERITAGE LANDING 2ND ADD MISSISSIPPI OAKS 1992J 11! 101 1 , 3901 229! 161 ' i i 1993 7; 7~ 5 1993i 4 1993j 371 22[ 15 ; 123i 991 24 TOTAL CHERRYHILL BLUFFS COUNTRY CROSS T.H. 3RD DEERFIELD 4TH i i 9 19961 . 0i 22 19891 561 52; 4 HILLSIDE ESTATES I 19921 50! 47i 3 HILLSIDE ESTATES 2ND '~ 1993i 13i 91 4 HILLSIDE ESTATES 3RD 19941 298 81 1 'HILLSIDE ESTATES 4TH 19951 14 8i 6i HILLSIDE ESTATES 5TH 199611 2021 1 3~ 6423 TOTAL :::::::::::::::::::::::::::::::::::::::::::: ,.. ::::::::::::::::::::::::::::::::::::::::::::::::: NORTH MEADOWS ; 1993i 81 6i 2 PHEASANT RUN I 1996i 14' 51 9 [ , WEATHERWOOD i 1996 21 21 19 TOTAL :::::::::::::::::::::::::::::::: ~ :::::::::::::::::::::::: :;::;;:;:;; AUBURN COMMONS 1990 BALLY BECK ! 1990 TOTAL J RIDGEWOOD HILLS 43 27 13! 30 15! 1996 11 3~ 8 TOTAL 11 I 31 8 GRAND TOTAL 803 502i 301 Updated 3/12/97 12 34 20! 14