In a recent government meeting, officials discussed the challenges surrounding housing affordability and industrial land capacity in the region. A developer involved in creating middle housing units reported difficulties in achieving their target price range of $300,000 to $400,000 due to high development costs, although the units are still selling.
The conversation shifted to the complexities of industrial land analysis, highlighting that while there is a good understanding of housing needs, predicting employment types and land use remains challenging. Many industrial land parcels are small and may not meet the specific requirements for development, often hindered by environmental constraints or distance from necessary transportation facilities.
The meeting also addressed the upcoming timeline for discussions and recommendations related to urban growth boundaries (UGB). Key dates include a work session with Metro Council on September 12, followed by discussions with various committees leading up to a first reading of an ordinance on November 21 and a second reading on December 5.
Concerns were raised regarding housing affordability requirements, particularly in light of recent legislation that allows for quick UGB expansions with specific affordability conditions. However, it was clarified that these conditions do not currently apply to the Sherwood concept plan. The ongoing rule-making process at the state level adds uncertainty about how housing needs will be allocated among jurisdictions.
Officials emphasized the importance of local control in determining neighborhood development and expressed a desire to ensure that community voices are heard in the decision-making process. The meeting concluded with a call for further discussion on how to address these concerns and utilize available resources effectively.