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Woodbury presents 2024 community development report; highlights housing, business growth and Gold Line opening
Summary
City staff presented the 2024 Community Development annual report to the Woodbury City Council on March 12, summarizing population and housing trends, new commercial construction, affordable workforce projects, the Destination Woodbury marketing effort, and development in the Northeast Business Park.
Janelle Schmidt, presenting for the city’s community development team, told the Woodbury City Council on March 12 that Woodbury’s population is just under 80,000 and the city has just under 30,000 occupied housing units.
“The report is full of detailed information, development trends, and a few deep dive topics,” Schmidt said, introducing the 2024 annual report and thanking staff and the Economic Development Commission for their work compiling it.
The report showed 452 new residential units in 2024, a level staff said is in line with the growth rate anticipated in the city’s comprehensive plan. Schmidt told the council the city has had consistent residential growth but fewer multifamily units the last two years because no apartment buildings were permitted during that span.
On commercial construction, staff reported seven new commercial buildings permitted in 2024 totaling about 267,000 square feet. Noted projects…
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