AG 2008 08 18 - Laserfiche WebLink

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present, however, expanding the range of uses that are shaping and redefining the area. (See Figures 2 and 3, the Existing Land Use Map and Existing County Zoning Map, respectively.) Xesirleulerr/ Single-family, detached residential units comprise 97.4% of the current housing stock in the study area. The highly homogeneous unit mix is primarily low-density in the northern portion of the study area, with a more diverse density mixture in the southern area where public utilities have been made available by the City of Concord. ., .Q~,. a.n a.~~'Sz~tve:. ?f#t+ [t is projected that there is currently 9,272 housing units ©evekpmeat p;essuce contin::es fo in the stud area, with an additional 4,369 lots full encourage Me aultdlr~ of new Y Y subdivisions in Cahanus [;ounry':; entitled by Cabarrus County or the City of Concord. Wenuarn:aa. (See Figure 4, Approved Subdivisions.) Population growth projections and previously entitled lots indicate that the study area will grow by 9,844 to 11,044 housing units by 2030, an average annual increase of 3.5%. ^ Single-family, detached homes will increase from 9,034 units in 2008 to between 18,178 and 19,178 units in 2030. ^ Single-family, attached homes {townhouses) will increase from only ] 0 units in 2008 to between 210 and 310 units in 2030. This assumes the. addition of two townhouse communities (one per decade) ranging in size from 100 to I50 units each. ^ There are cureently 228 apartment units in the study area {contained in two communities). it is forecasted that an additional two communities could be added to the study area by 2030 (one per decade), each community is assumed to have approximately 250 to 300 units. A total of 728 to 828 apartment units could be supported by the study area by 2030. • The projected mixof unit types in 2030 for sittgle-family,attached, single-family, detached, and apartments is 94.5%, 1.6%, and 1.4%, respectively. Closings on new construction single-family residences and townhomes showed mixed. activity and expansion between 2003 and 2007 in the areas designated as Township 5 and Township 11 in Cabarrus County, those townships in the study area. According to information from the M.O.R.E. Report (Market Opportunity Research Enterprises), 1,205 new construction single-family closings were reported in the five-year period. since 2003, the majority, or 957 units in Township t 1. During the same period, 25 condominium and/or townhomes closings were reported in the study area, all in Township i 1. Among the active residential subdivisions in the study area there are 5,395 total planned lots, of which 4,369 remain.