PPT Slide
Because the population is increasing with age groups over 35, the project needs to target retired
or about to retire people. To be competitive the per unit cost would need to be around $23,000.
Currently, there are two complexes �in the pipeline�. The complexes are small, however, because
of the close proximity of one complex to the proposed Creekside Apartment site, it may have a
negative effect. The site is in close proximity to many points of interest which more than
adequately would meet the needs of prospective renters.
The proposed site seems to be moving toward an �owning� rather than a �renting� area. In addition,
the amount of vacant housing units is projected to increase. The area is also projected to spend less
on shelter per capita. For these reasons it is my opinion that further plans for Creekside Apartments
should be halted. I would recommend that the site be analyzed again in 2 to 5 years.