Project Scope:
The City of Buffalo and other
community leaders concluded that this community of roughly 7,000
residents needed to better understand local housing needs.
Pedersen Planning Consultants was retained to evaluate regional
economic trends influencing future housing demands, and to
correlate potential housing demands with the available housing
inventory.
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PPC held informal discussions
with local real estate brokers, real estate developers, bankers,
and municipal officials to identify potential housing expansion
areas, as well as constraints to future housing development.
Representatives from the regional
coal bed methane and power generation and transmission
industries, as well as other larger employers, were interviewed
to gain insights concerning future economic growth that could
influence future employment for residents in Johnson County.
This information, combined with results from the Buffalo housing
survey, was used by PPC to model and forecast anticipated
employment generation, resident population, and housing demands
for the 2003-2013 period.
Potential housing demands were
correlated with anticipated income ranges of the existing and
anticipated employed labor force to determine the affordability
ranges needed to meet anticipated housing demands for both fee
simple and rental housing. Such information was presented to
provide guidance to housing developers and other investors
concerning affordable ranges for both rental and fee simple
housing.
PPC also recommended several
potential locations within the community that could support
future residential expansion for single-family market housing;
affordable single-family, townhomes, and apartments; seasonal
housing for seasonal visitor industry workers, and temporary
rental housing for coal bed methane exploration and drilling
crews. |