Loading...
HomeMy WebLinkAboutCouncil Presentation 02/11/2019 - Development Activity Annual Report2019 Development Activity Annual Report Study Session February 11, 2020 Content •At-a-Glance •Planning & Town Projects •Completed Commercial & Residential Projects •2020 Projects •Development Trends •Development Activity Presentation Overview •Town is approaching 50,000 residents •Town’s median income is higher than Oro Valley and Tucson •Median sales price is on the rise Highlights Population & Housing Data Residential Permits Highlights •Single-family permits ±800/year since 2017 •Permit valuations increasing since 2016 Commercial Permits Highlights 70 92 72 0 20 40 60 80 100 2017 2018 2019 Valuations (in millions $) 0.85 2.6 1.6 0 0.5 1 1.5 2 2.5 3 2017 2018 2019 Permit Fees (in millions $) •60 commercial permits issued in 2019 representing more than 230,000 square feet of floor area Water and Sewer Connections Highlights •Steady increase of water and sewer systems connections for Marana Water Lot Inventory Highlights •2,400 lots developed since 2017 •3,006 new lots platted in same time period •Commercial •Buy on-line / Pick-up in Store •Grocery Delivery •Residential •RV Garages/Flex Spaces •Technology Integrated Homes Highlights Trends Discussion