Memo - East CBD Project
PLANNING &
ECONO~CDEVELOPMENT
Memorandum
Date:
Honorable Mayor and City Council
Jim Hartshorn, Econ?mic Development Coordinator 9, ')f
May 2, 2001
To:
From:
Subject:
East CBO Project
As we discussed, staff has published the attached notice, which indicates that the City
is considering proposals for the East CBO Block project, in the Sun Sailor and the
Minnesota Real Estate Journal. Staff has also prepared the. attached information packet
to be sent to developers who express an interest in the project and the developers who
have previously expressed an interest in the project.
Staff scheduled this item for the next work session to make sure that we are responding
to all of the Council's issues. If you have any questions, please contact Jim Hartshorn
at 952-939-1359 or Kersten Elverum at 952-939-1395.
Attachments
DEVELOPMENT OPPORTUNITY
The City of Hopkins is. soliciting proposals for a mixed...use
retail/residential project in its downtown. The' redevelopment parcel
contains approximately 61,000 square feet. For information, contact
Kersten Elverum at (952) 939-1395 or Jim Hartshorn at (952) 939-
1359.
Jim/042701
MENT OPPORU
I
se Redevelopment Pro
Brief Overview of the City of Hopkins
The City of Hopkins has a current population of approximately 17,000
people and a strong community identity. Mainstreet and the surrounding
business area provide convenient shopping and services. Designed for
destination shopping, downtown Mainstreet attracts a healthy customer base
of daytime workers. With a number of entertainment businesses there is also
an after-hours clientele. Served by County and State highways, Hopkins also
offers easy access to the entertainment, shopping, and other attractions of
the Twin Cities metropolitan area.
Other amenities that Hopkins offers are an excellent school district, a
variety of religious and civic organizations, well-organized recreation
programs, and an active senior citizens program.
A 1988 commercial market study showed that Hopkins has a large trade
area where shoppers are drawnfrom Minnetonka, St. Louis Park, Eden
Prairie, Edina, and Plymouth.
The housing market is very strong with a rental vacancy rate of less than 1 %
and single family homes selling on average in less than 37 days. The
average sale price of single family home is $204,000. The mix of housing is
extremely unique in that 70% of the City's housing stock is rental; 30%
owner occupied.
In 1999 building permits totaled $12.8 million worth of construction value.
The City's property values continue to increase. The 1999 total market value
of the City was $729 million, including $87 million for commercial; $408
million for residential; $99 million for industrial; and $134 million for
apartments.
Project Area
The subject property is located on a portion of the block south of Mainstreet
between Seventh and Eighth A venues South. The project area includes
approximately 61,000 square feet and is within the City of Hopkins
downtown central business district (CBD). The site is zoned B-3.
View of redevelopment area
The Hopkins HRA has already purchased a number of these parcels on this
block and is working towards acquiring the remaining properties. If all the
subject properties are unable to be acquired the scope of the project will
need to be revisited.
Project Description
The desired uses. on the street level along Mainstreet are commercial uses
with strong preference given to retail and restaurant use rather than service
or office space.
On the upper floors, the desire is for residential; either designed for senior
or young professionals. The use along 7th Avenue South should be
residential with preference again given to projects involving housingfor
seniors and/or young professionals. Projects should consider incorporating
public gathering places that provide a focus for activities.
Overall, the City of Hopkins desires owner occupied housing units in this
project due to the City's unique housing mix. However, the City is open to
considering a project where upscale rental housing is a component. If
selected, the developer will need to support their recommendations for the
housing element with market research.
Overall Design Goals
The project is located in historic downtown Hopkins. The design must
complement the existing unique architecture. The overall appearance of the
project should not be one big building, but rather mimic the scale and
pattern of the adjacent 800 & 900 blocks. This can be achieved through
combinations of the following techniques:
. Divisions or breaks in materials (although materials should be drawn
from the same palette)
. Window bays and/or balconies
. Separate entrances and entry treatments
. Variations in roof design
. Awnings
Architectural detailing is highly encouraged. Landscaping and streetscape
design should be used to enhance pedestrian circulation and create a sense
of unity and identity.
The maximum height of the building is restricted to 45 feet by the zoning
ordinance.
Buildings should either be located directly adjacent to the front yard
sidewalk or have a limited set back such as. with the movie theater and Arts
facility on Mainstreet between 11th and 12th A venues.
Sufficient off-street parking must be provided through structured and/or
suiface parking areas. Any suiface parking must be located at the back of
the buildings.
Required Proposal Information
. Identification of development components, i.e., restaurant, senior
housing, retail, etc.
. General description of development components, i.e., neighborhood
retail, family-style restaurant, co-op rental housing, owner-occupied
housing, etc.
. Estimated market value of development components, i.e., square foot
value for retail and square foot value for rental apartments
. Concept drawings detailing development components and site
improvements
. Estimated developer payment for land (what the developer expects to
pay for landfor type of use, i.e., sq. footage for retail, amount per unit
for residential.
. Developer background and experience (specifically as relates to
mixed-use retail/residential downtown projects)
. Description of development team, i.e., residential component, retail
component, retail component, architect, etc.
. Public assistance requirements to facilitate projects. At this time it is
anticipated that the City's involvement would be site assembly and
demolition.
. Detail other unique characteristics and design elements you would
incorporate into the project.
Selection Process
Developers with an interest in this project should submit the above
requested information by June 4, 2001 to:
Jim Kerrigan
Director of Planning & Development
City of Hopkins
1010 First Street South
Hopkins, MN 55343
Following receipt ofproposal, the information will be reviewed by staff and
City Council and interviews scheduled with those developers that appear
most qualified.
For More Information
An informational meeting for all interested developers will be held on May
30,2001, at 2:30 p.m. at Hopkins City Hall, 1010 1st Street South, Hopkins,
Minnesota.
If you would like to discuss your project with staff, please call either:
Jim Hartshorn, Economic Development Coordinator at 952/939-1359
or
Kersten Elverum, Housing Coordinator at 952/939-1395
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I Minnesota Community Profile
Page 1 of8
The MN Department of Trade and Economic Development
Community Profile
City of Hopkins
"'1:,..;\'$ N ESO l'~
_.,1
-Trade &-
Economic
Development
www.dted.state.mn.us
Overview
During the past 100 years, Hopkins, the Twin Cities "mainstreetll has evolved from a small rural town into a vital
metropolitan community. For businesses and residents alike, the city offers an appealing climate of historic charm
and well-planned aggressive growth. A short drive west is Minnetonka, and a few minutes east are Minneapolis'
central lakes. In addition, a number of parks and recreational facilities are located within Hopkins.
Location
County:
Region:
Distance from Minneapolis:
Distance from nearest MSA *:
US Congressional District:
MN Legislative District(s):
World Wide Web site:
Last Updated:
Population
Area
Hennepin
West Twin Cities Metro
13
o Miles from Minneapolis-St. Paul MSA
..,
:>
44 A ..
N/A
4/26/00
1999 Estimate 1998 Estimate
16,559
City:
County:
Nearest MSA:
Minnesota:
1,089,024
4,838,398
Source: V.s. Census, State Demographer
Major Employers
Employer
Alliant T echsystems
Super Valu Minneapolis Div
NAPCO International Inc
Thermotech
Reuter Manufacturing
Sathers Inc
W orrington Financial Systems
Rainbow Foods
Edco Products Inc
Y.i~.w"AJ.LEmp.lQy~I"~.
2,831,234
4,782,264
SIC
3483
5141
3669
3086
3089
2064
7374
5411
3499
1996 Estimate
16,665
1,070,709
2,765,116
4,682,748
1994 Estimate
16,536
1,056,673
2,838,194
4,570,355
1990 Census
16,529
1,032,431
2,538,776
4,375,099
Products/Services
Ammunition, Except for Small Arms
Groceries, General Line
Communications Equipment, nec
Plastics Foam Products
Plastics Products, nec
Candy & Other Confectionery
Products
Data Processing Services
Grocery Stores
Fabricated Metal Products, nec
1980 Census
15,336
941,411
2,198,190
4,075,970
Employee Count
1,400
1 ,100
900
325
235
210
150
78
60
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* Metropolitan Statistical Area
10107/2000
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I Minnesota Community Profile
Workforce
Hennepin County
Total Employment
Available Workforce
Annual Average UnemPloyment
Employment By Industry
651,568
664,198
1.9%
Page 2 of8
Minneapolis-St. Paul MSA
Hennepin County &
Adjacent Counties
1,477,318
1,506,575
1.9%
1,658,354
1,695,741
2.2%
Minneapolis-St. Paul MSA
Hennepin County Hennepin County &
Adjacent Counties
3,431 7,681
27,317 59,185
81,892 116,842
82,624 178,415
122,701 294,125
77 386
140,242 263,673
268,238 444,119
55,076 83,328
63,458 98,789
N/A - No Data Available
Agriculture
Construction
Finance, Ins., Real Estate
Government
Manufacturing
Mining
Retail Trade
Services
Trans., Corom., Utilities
Wholesale Trade
Source: MN Department of Economic Security 2000
Occupations and Wages in Twin Cities Region
Job Title
Accountants & Auditors
Assemblers & Fabricators
Automotive Body & Related Repairers
Bookkeeping, Accounting, & Auditing Clerks
Cqrnbination Machine Tool
Setter/Operator/T ender
Computer Programmers
Computer Support Specialists
General Managers & Top Executives
General Office Clerks
Hand Packers & Packagers
Yiew AILQ~~!l.P'?jiQ.ns an(.LW.!:!g~~.
Wage/Hr
$ 18.10
$ 10.91
$ 16.37
$ 12.11
$ 14.35
$ 22.63
$ 17.88
$ 32.55
$ 10.89
$ 7.69
Job Title
Machine Feeders & Offbearers
Machinists
Maintenance Repairers, General Utility
Offset Lithographic Press
Setter/Operator/T ender
Packaging & Filling Machine Operators &
Tenders
Plastic Molding & Casting Machine
Set/Oper/Tend
Receptionists & Information Clerks
Sales Representatives
Secretaries, Except Legal & Medical
Systems Analysts, Electronic Data Processing
N/A
72,026
127,147
231,278
277,026
535
298,107
502,311
93,850
101,836
Wage/Hr
$ 10.08
$ 15.28
$ 13.41
$ 17.45
$ 9.96
$ 12.28
$ 9.84
$ 20.36
$ 12.72
$ 27.15
Utilities
Utility Type
Electricity
Natural Gas
Wastewater
Water
Utility Name
Northern States Power Co
Minnegasco
Metropolitan Council Environmental Svc
Hopkins Municipal
nttno//U"XTUT mnnl"f"\ f'f"\1"Y\/rlpt<;l;ln f'fm
Utility Phone
(800) 642-6066
(800) 269-1114
(612) 222-8423
(612) 935-8474
Contact
Ken Stabler
Cherie Gustafson
JeffSyme
Mike Lauseng
Contact Phone
(612) 330-5834
(612) 321-5435
(612) 229-2109
(612) 935-8474
1 0/07/2000
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Minnesota Community Profile
Page 3 of8
Water Information
Water Source:
Storage Capacity:
Pumping Capacity:
Average Demand:
Peak Demand:
Total Water Hardness:
Industrial Water Rate:
Wastewater Information
Treatment Type: Mechanical Plant
Capacity of Plant: 250,000,000 gaL/day
Average Demand: 226,000,000 gaL/day
Peak Demand: 600,000,000 gaL/day
Usage Charge: No base chg.; S2.50/1,000 gal.
Wells
3,200,000 gal.
7,500 gal./minute
2,300,000 gal./day
_ 7,000,000 gal./day
18 ppm
No base chg.; S 1.05/1 ,000 gal.
Communications
Telephone Information
Local Telephone Company:
Telephone Number:
Contact:
Telephone Number:
Digital.Central Switch:
Equal Access Market:
Extended Area Service:
Custom Calling Feautures:
Customized Local Area Services:
Current Technologies:
us West Communications
(800) 603-6000
Karen Jothen
(612) 663-5675
Yes
Yes
Yes
Yes
Yes
ISDN
Cable TV Information
Local Company: Paragon Cable
Telephone: (612) 522-5200
Newspapers Information
Newspaper Name
Lakeshore Weekly News
Minneapolis Star Tribune
Sun-Sailor
Telephone
Frequency
Weeldy
Daily
Weekly
Additional Telecommunication Providers
Telecommunication Type Provider Name
Phone
Commercial Transportation & Shipping
Highway Information
Interstate Miles From City
Seasonal Limit In Tons
Load Limit in Tons
1-394
1-494
...
~
3
Four Lane
MN-7
US-169
Miles From City
Within
Within
Load Limit in Tons
Seasonal Limit In Tons
Other
Miles From City
Load Limit in Tons
Seasonal Limit In Tons
Truck Information
Truck Lines:
Truck Terminals:
Navigable Water Information
Water Name
Depth
24
60
'httn- / /UTU.rU.T mnnr() r_()m/r1f':t~ilnr.fTn
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1
, Minnesota Community Profile Page 4 of 8
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Rail Information
Inter-Modal Facility: Yes
Inter-Modal Facility Distance:
Rail Line .
Chicago/N orthwestem
Frequency Reciprocal Switching Distance to Main Line
No 5
Passenger Service
No
Air Service Information
International
Mpls./St. Paul Intl. Airport
Bloomington
8
10,000 Feet
Local Regional
Flying Cloud Airport
Eden Prairie
8
3,909 Feet
Name
Location
Miles to
Longest Runway
Length
Surface Type
Lighted
Customs
Service Type
Navigational Aids
Paved
Yes
Yes
Charter, Commercial, Freight, Jet
Paved
Yes
No
Charter, Commercial, Freight,
Jet
BEACON, DME, ILS,
VOR/DME
A WOSAllvfNVl AS,
PUBLIC TV
BEACON, DME, ILS, VORJDME
Weather Info Systems A WOSAlMNV/ AS, SA WRS
American, Continental, Delta, Northwest, TW A, United
Airlines, US Air
Additional Commercial Transportation Providers
Transportation Type Provider Name
Phone
3,063
5,328
121
Percentage Owner Occupied:
Median Sales Price:
Median Assessed Value:
Median Rent:
Vacancy Rent:
35%
Housing & Commercial Activity
Housing Information
Single Fa..T!lily Upits:
Multiple Family Units:
Mobile Homes:
Number of Units Built Since Last Census:
Number of Residential Building Permits for:
Value of Residential Building Permits for :
Source: US Census, 1990
Major Airlines
$520
7%
Commercial Activity Information
Number of Commercial Building Permits for:
Value of Commercial Building Permits for:
Number of Public Building Permits for:
Value of Public Building Permits for :
Year
Retail Sales Information
City Sales
County Sales
htto ://www.mnnro.com!detailo.cfnl
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Minnesota Community Profile
-- -,---,- .-,-...-
....---,,,--,-_.
$13,202,824,376
$12,657,431,633
1995 $481,908,341
1994 $487,057,803
Source: MN Dept. of Revenue
...............-......................................-.................................-..............-.........-......-..........-.....-.........................................................
._._...._ .'.____n. ......._........... ...................._....._.............. ....._ ......----.. ......................... n'_. .. ..".
Business & Community Services
Financial InstitutiOns Information
Name
Norwest Bk MN NA
US Bank
Y iew AIU..:m~cilllJ!l~.H!!J.1i.QI.J~.
Capital as % of Assets
7.0%
8.0%
Total Assets
$15,453,887,000
$14,566,983,000
Phone
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Lodging & Meeting Facilities Information
Facility Number of Facilities
Available
1
o
o
Teleconferencing
Available to Public
Yes
No
No
Teleconferencing
Available
No
No
No
Facility Size
100 rooms
Hotel
Motel
Conference Center
Additional Lodging & Meeting Facilities
Facility Type
Phone
Facility Name
Local Medical Facilities Information
Facility Type
Clinic
Dentist
Doctor
Hospital
Nursing Home
Telemedicine Available
No
No
No
No
No
Total Nbr of Beds
Nbr of Facilities
2
o
o
o
2
II
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Methodist Hospital, St. Louis Park
1
Name of Nearest Hospital (if none in city):
Miles to Nearest Hospital:
Additional Local Medical Facilities
Facility Type Facility Name
Telemedicine Available
Phone
Local Transit information
Service
Inter-City Bus
Intra-City Bus
Available
Yes
Yes
Service
Taxi/Cab
Disabled Transportation
Available
Yes
No
Local Transit Providers
Transit Type
Disabled Transportation
Inter-City Bus
Phon.e
Name
Metro Mobility
MeTa
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Page 6of8
Library Information
Name
Hennepin County Library
Metropolitan Regional Library
Phone
Internet Access
No
No
Worship Informa,tion
Worship Type
Worship Name
Phone
Membership
Recreation Information
Facilities
15 parks, bike trail, indoor and outdoor ice skating/hockey rinks, public beach, basketball/volleyball/tennis courts,
archery range, baseball fields, horseshoes.
F estival/ Arts
1\.1usic in the Park, Main Street Days, Raspberry Festival
Service Organizations
Rotary, Kiwanis, VFW, Elks, Jaycees: American Legion, Knights of Columbus and Chamber of Commerce.
Education
Post-Secondary Information
Nearest Technical College & Specialty Location }l.1iles To
Hennenin Tech College - Brooklvn Pk Brooklyn Park 10
Advertising, Applied & Commercial Art, Automated Machinery: Packaging, Automotive Technician,
Comp Pro/Operator, Comp Supp & Networking, Electronics Technology, Environmental, Fluid Power,
HV AC-Heating, Vent & AC, Industrial Energy Systems, Laser Electro-Optics Technology, Mach
Tool/CNC, Office Management: Plastics Technology, Welding
Nearest Community College & Specialty Location Miles To
North Hennepin Comm College Brooklyn Park 10
Acctg., Bookkeeping & Relate~ Computer Programming, Computer Science, Financial Mgmt. & Svcs.,
Graphics Design, Law Enforcement/Criminal Justice, Legal Secretarial, Marketing Mgmt.
Nearest Public College/University & Specialty
University of Minnesota
Miles To
10
Location
Minneapolis
Nearest Private College/University & Specialty
Au{!~burg Coneg~
Location
Minneapolis
Miles To
10
Telecommunications Use Available at Area Post-Secondary Institutions:
No
Local K-12 Information
School Type
Elementary
Middle School
Junior High
Grades
K-6
Pupil/Teacher Ratio
16:1
Nbr of Schools
7
Enrollment
4,367
1,829
7-9
2
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~emor .H.lgn
Pri vate/Parochial
1 ,()U~
704
1 U-IL
K-12
l~:l
9
School District:
Telecommunications Use Available at Local K-12:
High School Graduates Attending Post-Secondary:
State Wide Average:
No
85%
65%
Education Institutions
Education Type Name
Phone
........---.......-...-..-...-.-..............................
_......._........._....--..............~.._--_......................_...................................-.-...........................................--....-....-.....-....-.--...............................................-............................-..............-..----....-....-............-...--.............-.................
Government
Structure Information
Organization:
Budget:
City Bond Rating:
Comprehensive Land Use Plan:
Locally Controlled Loan Program:
Recycling:
Fire Insurance Rating:
Industrial Plans Approved By:
Council\Manager
$6,600,000
Moody's - - Al
Yes
Yes
Yes
4
City Council
Public Protection Services
Service Type Regular
Fire
Police 22
Sheriff 100
EMT
P art- Time
Volunteer
40
Seasonal
Property Taxes
Property Tax Information
Municipal Tax Rate
County Tax Rate
School Tax Rate
Misc. Tax Rate
Total Tax Rate
28.54%
37.270/0
71.180/0
7.49%
144.49~b
Assessed Market Value Information
Commercial $159,252,900
Residential $442,272,600
Other $925,8'00
Total $602,451,300
Minnesota commercial real estate taxes are based upon market value of taxable property as set by the local assessor. To
compute the tax for the year 2000, ftrst compute the tax capacity by multiplying all property value up to $150,000
times .024, plus any value over $150,000 times .034. Tax capacity times the tax rate equals taxes owed. In some
localities where voters have approved referendums, an additional referendum tax must be added, calculated by
multiplying the referendum tax rat~ times the total market value of the commercial property.
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I Minnesota Community Profile
~ Industrial Sites
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Building Name Type of Building Contact Name ~
Address Total Bldg Sqft Organization
City, State Zip Code Total Available Phone Number Photo
637 Industrial Ed Hanlon D
637 12th Ave South 12,250 EDINA Realty
Hopkins, MN 55343 12,250 (612) 945.3163
Land Site Space Available Contact Name ~
Address Build To Suit Organization Photo
. City, State Zip Code Zoning Phone Number
Economic Development Services
Economic Development Authority: Yes
Housing Redevelopment Authority: No
County Development Corporation: No
Chamber of Commerce: Yes
Port Authority: No
Incentives
Tax Increment Financing, Commercial Rehabilitation Loan/Grant
Program, Sign Grant Program, Revenue Bond Financing
Contact Information
Jim Kerrigan
Planning & Econ Dev Director
Hopkins, City of
1010 - 1st St So
Hopkins, MN 55343-7573
(612) 935-8474
Larry Dowell
President
Twin West Chamber of Commerce
Woodside Office Park #2
Minnetonka, MN 55343
(612) 540-0234
Steve Mielke
City Manager
Hopkins, City of
1010 - 1st St So
Hopkins, MN 55343-7573
(612) 935-8474
Economic Development Organizations
Type Name
Phone
Fax
*To update information on this profile, contact James Kerrigan
...................................
Copyright @ 1999 Minnesota OeDt. of Trade and Economic Oevelooment
Information in this system is deemed reliable, but is not guaranteed.
Read Full Disclaimer - Contact Us
http://www.mnnrn r.nm/r1pt~iln r-fTn
1 n/n7 noon
Demographics
rage 1 or j
Wlat"s New Research Government Site Index Horne
Meetings Directories Ab ut lese Search Sign On
publications Education 0 Help! Messages
D;emographics
;
710 MAI~STREET - HOPKINS, MN 55343
1990 Census Overview-Comparison Report
Date of Report: October 8, 2000
1.0 Mile:
3.0 Mile:
5.0 Mile:
............... ........ ..........._.............h...................... ............_......._....._...... ....................................................................
1990 Population Characteristics
Total-Population
Female
0/0 Female
Male
10 % Male
11,116
5,965
53.67%
5,150
46.33%
72,647
38,584
53.11 %
34,063
46.89%
188,212
99,420
52.82%
88,792
47.18%
Population by Race/Ethnicity
White
Black
Native American
o Asian/Pacific Islander
Other
10 Of Hispanic Origin
96.23% 96.09% 96.47%
1.00% 1.34% 1.24%
0.36% 0.26% 0.24%
2.080/0 1.99% 1.78%
0.33% 0.32% 0.28%
1.070/0 0.94% 0.82%
Educational Attainment
e Universe:Pop 25 Yrs +
< 9th grade
o 9th or 12th grade
o High school graduate
o Some College, no Degree
o Associate degree
o Bachelor's degree
o GraduatelProf. degree
7,898 51,779 133,776
6.13% 3.030/0 2.31 %
9.97% 5.83% 4.56%
29.79% 23.03% 19.79%
22.53% 23.06% 21.880/0
7.42% 8.08% 7.72%
18.220/0 27.13% 30.49%
5.94% 9.84% 13.24%
Population by Age
http://duke.extendthereach.comlmapinfotargetlT argetProISAPI.dll
10/08/2000
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o Age under 4 6.22% 6.21% 6.42%
, o Ages 5 to 9 5.78% 5.76% 6.00%
o Ages 10 to 14 4.220/0 4.710/0 5.170/0
II Ages 15 to 1 7 2.210/0 2.87% 3.130/0
o Ages 18 to 20 3.04% 2.67% 2.760/0
II o Ages 21 to 24 7.47% 6.51% 5.44%
o Ages 25 to 34 21.830/0 20.770/0 19.670/0
't;.~;? Ages 35 to 54 22.55% 25.99% 28.07%
-- Ages 55 to 64 7.69% 9.36% 9.29%
Age 65 and over 18.97% 15.15% 14.040/0
-- 1990 Household Characteristics
;
I Summary Data
~. o Total Households 5,016 31,906 79,880
i1g, o Total Families 2,676 19,476 50,840
o Household Population 10,959 71,579 185,855
Average Household.8ize 2.18 2.24 2.33
o Median Household Income $30,921 $40,752 $46,208
Average Household Income $37,918 $52,387 $58,407
Aggregate Hhld Income ($000) $190,193 $1,671,500 $4,665,548
e Per Capita Income $17,110 $23,009 $24,789
Households by Income
0< $5,000 3.13% 1.77% 1.73%
0$ 5,000 to $ 9,999 11.840/0 5.53% 4.320/0
o $ 10,000 to $ 14,999 9.99% 5.86% 4.73%
0$ 15,000 to $ 24,999 16.390/0 15.31 % 13.11%
0$ 25,000 to $ 34,999 18.290/0 16.720/0 14.640/0
0$ 35,000 to $ 49,999 19.06010 20.21 % 19.81 %l
$ 50,000 to $ 74,999 13.27% 19.03% 20.98%
$ 75,000 to $ 99,999 3.95% 6.54% 8.72%
o $100,000"to $149,999 1.99% 4.660/0 6.58%
0$150,000 or more 2.09% 4.38% 5.380/0
Year Household Moved into Unit
o Universe:Occ Housing Units 4,953 31,691 79,771
o 1985 to March 1990 57.15% 53.63% 51.340/0
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e 1980 to 1984
1970 to 1979
01960 to1969
1959 or Earlier
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E) 1 Person .
o 2 Persons
o 3 Persons
4 Persons
e 5 Persons
o 6 Persons
8 7 Persons or more
37.59% 30.05% 28.05%
34.11 % 38.12% 37.24%
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9.79% 11.36% 13.02%
2.54% 4.170/0 4.86%
0.80% 0.81% 0.97%
0.54% 0.25% 0.28%
Structure Characteristics
o Median Monthly Mortgage
, 0 Median Home Value
e Median Rent
$904
$98,830
$512
$929
$113,626
$605
$997
$124,120
$614
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