B. Long Term Development TrendsLong -Term
Development
Trends
Building Permit Revenue
$1,400,000
$1,200,000
$1,000,000
$800,000
$600,000
$400,000
$200,000
$0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Residential New Residential Other �; New —■— Commercial Other - TOTAL
Housing Permits
500
450
400
350
300
250
200
150
100
50
0
13 Single Family ❑ Attached SF ❑ Apts
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Commercial Development
Developer
Location
Builder
Use
Sq. ft.
Acres
SW VILLAGE RETAIL
LYMAN BLVD. & HIGHWAY 101
SOUTHWEST TRANSIT
RETAIL
16,000
0.96
CROSSROADS OF
CHANHASSEN
LYMAN BLVD. & HIGHWAY 101
KRAUS ANDERSON
RETAIL
74,305
8.61
CHANHASSEN STATION
MARKET STREET & GREAT PLAINS
BLOOMBERG CO.
OFFICE /RETAIL /RESIDENTIAL
5.00
DEGLER
AUDUBON & LYMAN
INDUSTRIAL
65.00
ERHART
POWERS BLVD & HWY 212
OFFICE
200,000
10.00
GIANETTI PROPERTIES LLC
LYMAN BLVD & HWY 101
OFFICE
8.50
Total
290,305
98.7
r —�
L.�.Ke
Commercial and
l
_- In dus trial Land T
f
1 / 4 l
anh
ros 'roads
ice
Office
Industr* I Future oad
Connection
Office = ,.
Office 1 Future lift station [ M M L_ y
3
Potential Water Tower Sites,
Residential Development
Residential Development
i
I
e a t e
Blu e ti c Pioneer
Pass
J
ti
I III �
upgra
k7j,
ASE
PROJECT NAME
Final Plat
TOTAL
VACANT
CONSTRUCTED
2008
2009
2010
Approved
UNITS /LOT
LOTS /UNITS
UNITS
PERMITS
PERMITS
PERMITS
SINGLE-FAMILY DETACHED
P revious Plats and Parcels
5
7
1
4 -1SUB
innewashta Landings
27
14
13
4 -3SUB
livewood
8
1
7
4 -10SUB
renden Pond
21
-
21
1
4 -13 SUB
ointe Lake Luc
19
2
17
5 -10SUB
orestMeadows
19
1
18
5 -20SUB
nob Hill
12
1
11
1
5 -22 SUB
he Frontier
9
3
6
8 -1 PUD
ynmore Addition
7/12/199
8
2
6
001 -3
i Woods
8/27/200
9
2
7
001 -10
ake Luc Ride
5/28/200
17
1
16
002 -2
nob Hill2nd
7/22/2002
9
3
6
002 -2 PUD
Jasserman Ride
7/22/2002
84
24
60
002 -6
o erLake Minnewashta Add.
8/26/200
10
2
8
4 -05
3ettlers West
7/12/2004
48
15
33
2
2
2
4 -03
en on Bluff
4
3
2
1
1
4 -23
otus View Addition
1/10/200
2
1
1
4 -26
rontier 2nd Addition
8/23/200
S
3
2
4 -31
idden Creek Meadows
6/13/200
21
16
5
3
1
4 -36
inehurst
3/14/200
41
23
18
2
6
4
4 -43
hcrest Yoberr Farm)
4/11/200
S7
10
47
1
27
7
5 -02
restview
5/9/200
5
1
4
1
5 -05
ohn Henry
4/11/200
3
2
1
5 -14
ake Harrison
7/12/2001
38
24
14
5
1
5
5 -21
rontier 3rd Addition
7/25/200
2
1
1
5 -25
vlinnewahsta Creek Hills
8/22/200
3
3
-
5 -26
arvieux Addition
9/29/200
3
1
2
5 -37
tonefield
4/10/200f
30
8
22
3
7 -02
he Arbors
4/9/200
22
19
3
7 -07
Gauer
4/23/200
2
-
2
1
6 -14
The Preserve
6/26/200E
67
17
50
8
23
S
09 -01
Apple Tree Estates
6/8/200S
7
5
2
1
SUBTOTAL SINGLE -FAMIL
1
611
207
404
28
71
27
PERCEN
1
33.9%
Preliminary approval or not recorded
6 -09
Peterson Property (Pioneer
Pass
9/25/200
81
(94)
81
6 -10
Boulder Cove
9/25/200
39
39
6 -14
he Preserve
6/26/2006
86
86
SUBTOTAL SINGLE-FAMILY
206
206
TOTAL SINGLE-FAMILY
817
413
404
2811
71
27
PERCENT
50.6%
ASE
DROJ ECTNAME
Final Plat
TOTAL
VACANT
CONSTRUCTED
2008
2009
2010
UNITS /LOT
LOTS /UNITS
UNITS
PERMITS
PERMITS
PERMITS
— App roved
M ULTI-FAMILY
6 -4 PUD
Walnut Grove (sf, sm lot + twnhouses
05/27/97
247
1
246
003 -3 PUD
dighlands on Bluff Creek
6/1S/2004
16
4
12
5 -11
berty on Bluff Creek
3/27/2006
444
196
248
38
14
4
6 -26
akeside Townhouses
10/23/2006
86
58
30
2
SUBTOTAL MULTI-FAMILY
793
259
534
38
14
6
PERCENT
32.7%
Site Plan Approval, but not constructed or pI atted
final platted
002 -7 SP
3udding C Villages on the Ponds
10/14/200
451
45
-
5 -24
-iberty atCreekside
146
146
-
6 -18
3outhWest Village
33
33
6 -26
Lakeside Condos
10/23/2006
147
(22)
147
9 -19 SPR
Powers Ridge Apartments
12/11/2000
164
164
SUBTOTAL MULTI-FAMILY
535
535
-
TOTAL MULTI - FAMILY
1,328
794
534
38
14
6
PERCENT
59.8%
TOTAL RESIDENTIAL
2,14
1,207
938
66
85
3
PERCENT
56.3%
Summary and Conclusions
• 2010 building permit revenue is slightly ahead of budget projections at 53%
collected at the end of May.
• There is sufficient residential land currently being served by city sewer and water.
There are 207 single - family and 259 multi - family units available. This provides for 5
years of inventory based on 100 units per year.
• There is commercial and industrial land with city sewer and water available .
• If additional land for commercial /industrial is requested, a new sewer lift station
would be required. The cost of this lift station would be approximately $2 million.
• A new well is planned for 2011 at a cost of $1.4 million.
• A new water tower is planned for 2014 at a cost of $2.6 million.
• Upgrade of Hwy 101 is planned for 2013 at a cost of $9 million.