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Originally Posted by delts145
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Analysis projections show a conservative demand for at least 916 more multi-family rental units in the next 20 years. The state predicts Provo's population will top 136,000 by 2030, up from the current 115,000.
Are they kidding, "An increase of only 21,000 people in the next 23 years??" Is Provo completely built-out now, or is that a miss-print?
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Rentals are where the growth is taking place in Provo. 916 units isn't much though. BYU is going to add that many by itself in the next 3-4 years. They are tearing down DT and building, in conjunction with private developers, new housing units.
Wasatch One follows all the developments in Provo & Orem, religiously, so I'm sure he'll correct or add to my list.
But here are few current and future apartment complexes being built:
- Two different complexes around Riverside CC,
- North University Ave. across from Riverwoods,
- Property near Joaquin Elementary,
- 100 South 100 West (Wasatch One's favorite),
- South Provo by Slate Canyon Rd.
Provo still has room to grow the number of single family homes, especially out west. Provo School District has considered moving Provo High School to the west side and selling the current campus to BYU and IHC. They recently closed two elementary schools near BYU and built one on the west side.
The population of families is moving north, south and west while the downtown/BYU area is being turned into rental housing for students and couples. Provo hasn't done a very good job of controling where and how the growth happens.
I'm concerned that Provo is becoming a WVC or westside of SLC area, run down and older homes converted to rentals, especially from 1300 W. to 500 West. Too many rentals, IMHO, and now a study suggest they focus on adding more rentals?
Years ago Provo tried to encourage growth with more single family homes, but now it looks like it will be back to focusing on rentals. I would like to see more condomiums and owner occupied apartments/townhomes, not rentals.
With the new report from ERA, Provo should focus on building more mixed-use 10-12 story buildings downtown. Bottom level retail and restaurants, 3-5 floors of office space, and 3-6 floors of residential units.