Saturday, July 15, 2006

1.25 Million Coming to Portland

We are going to need all those condos according to David Nielsen of the Home Builders Assn.. In New Home Monthly, a special advertising section of The Oregonian, he writes
Contrary to those who thought that Metro's growth projections were inflated and thus no Urban Growth Boundary (UGB) expansion was needed in 2002, Metro now acknowledges that they underestimated how quickly the million new residents would come to Portland.

The numbers now say that the population increase expected in earlier estimates will be here 10 to 15 years sooner (emphasis added)
Here are Metro's projections:

1.25 million more people in the Portland Metro area
700,000 new jobs, increasingly service-sector jobs not manufacturing
That is equivalent to squeezing an additional 450,000 households, or two cities the size of present-day Portland, into a metropolitan area that is already 80 percent developed.
And you thought traffic was bad.

Bev & Mike
Landfair Furniture + Design Gallery

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