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HomeMy WebLinkAboutCouncil Presentation 08/18/2020 FY 2020 Development Activity Annual Report UpdateDevelopment Activity Annual Report Update August 18, 2020 •January –June 2020 Report Update •Population and Home Sales Data •Commercial &Residential Projects •Development Activity Presentation Overview Content •2020 Census response at 66.2% •Town is over 50,000 residents •Median sales price up despite COVID-19 •Existing home inventory low Highlights Population & Housing Data Residential Permits Highlights •Single-family permits ±800/year since 2017 •Permit valuations increasing since 2016 Commercial Permits Highlights •29 permits issued for new construction and tenant improvements Water and Sewer Connections Highlights •Steady increase for Marana Water Subdivisions Highlights •3,239 new lots platted since 2017 •692 lots in platting process Discussion