About this event
This event is provided by City Club of Central Oregon
Implications for housing, transportation & economic development
Between 2010 and 2040, Central Oregon will grow from 200,000 to more than 350,000 or 76%. Growth in seniors (65+) will be equivalent to approximately 40% of the growth. Households with children will account for only a quarter of household growth. Single-person households will grow more, accounting for more than a third of household growth. Because of demographic changes, starter-home and downsizing households who seek smaller homes on smaller lots, and attached homes, will account for nearly two-thirds of the new housing demand.
Jobs will grow at an even faster pace by more than 90%, mostly as part time jobs replace full time ones. In 2010, Central Oregon supported about 46 million square feet of nonresidential space such as offices, stores,
warehouses and institutions. The inventory of nonresidential space will
nearly double to 90 million square feet. Yet the rebuilding and repurposing of existing space combined with building new space will mean more than 120 million square feet of space will be constructed, nearly three times the space existing in 2010. Because most nonresidential development is very low intensity, there is an opportunity to reshape Central Oregon’s cities to meet new development needs.
These are just a few of the insights Dr. Arthur C. Nelson will present to the City Club of Central Oregon on July 16.