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Consultants tell county committee: aging population shifts demand to senior and multifamily housing

Richland County Campus Reconfiguration Committee · November 20, 2025
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Summary

Consultants Nate Day and Brian presented census-based projections showing younger cohorts shrinking and those 65+ growing; they estimated ~100 new households countywide per year but only about 10 new single-family builds, recommending mixed-use strategies, manufactured housing and phased infrastructure work.

Consultants Nate Day and Brian presented updated population and housing-market analysis to the committee, saying the county sees about 100 net new households per year while new single-family construction likely will not exceed about 10 units annually because of limited builder availability and lot supply.

Nate Day summarized demographic trends: “Younger population groups are shrinking while those 65 are increasing,” and he said this shift implies stronger near-term demand for senior-oriented multifamily or zero-step duplex/townhouse-style housing, while demand for new conventional single-family homes is limited. The presenters identified manufactured housing as a possible cost-efficient alternative and suggested the county could incentivize builders by installing infrastructure and selling individual lots.

Committee members asked for unit-cost and market clarifications; presenters said more precise cost estimates were not available at the meeting because the census data had only recently come back online and their subconsultant was still finalizing numbers. Members also discussed adaptive reuse opportunities on the campus (theater, student union) as interim or anchor uses that could add value to a broader redevelopment strategy.

The committee asked the consultants to return with refined cost estimates and development scenarios when more complete census and engineering information is available.