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CURA Housing Forum: Housing Needs and Demographic Trends: A Market Analysis of the Twin Cities Metro

Date and time: 
June 16, 2014 - 12:00pm - 1:15pm

Carlson School of Management
Room L-110 (Honeywell Auditorium)
321 19th Ave. S.
University of Minnesota West Bank Campus
(directions and parking)

The demographic makeup of the Twin Cities metro is changing–fast. Over the next 30 years, growing numbers of senior citizens and people of color will account for all of the metro’s population growth. The housing market will change accordingly. Applying respective demographic groups’ preferences to a demand analysis, Arthur C. Nelson finds the Twin Cities metro already has enough medium- and large-lot detached housing to meet year 2040 demand. Between 2020 and 2040, the growth market will be the development of attached and multifamily and small-lot detached homes in walkable, amenities-rich neighborhoods. Dr. Nelson will outline findings of this new analysis and discuss planning and policies to prepare for vastly changed needs and demand.

To RSVP for this event, visit http://www.cura.umn.edu/forum-signup.

Biographic Sketch
Arthur C. Nelson, Ph.D., FAICP, has 40 years of experience as a practicing planner and planning scholar, specializing in matching demographic and economic projections to land use and facility needs. Dr. Nelson is currently Presidential Professor of City and Metropolitan Planning and Director of the Metropolitan Research Center at the University of Utah. He has authored numerous market studies, articles, and books. His new study for the Twin Cities metro area applies the market analysis approach detailed in his book Reshaping Metropolitan America: Development Trends and Opportunities (2013).

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