[Electronic-lan] The Pace of Apartment Constructi

[Melinda]

5. How does this excessive growth affect our property taxes? They 
continue to increase, and we now depend on renewing ten-year sales taxes 
to fund infrastructure improvements, as well. (Question 2 on the ballot 
last month.)


On 12/16/2017 11:10 AM, Carol Bowen via Electronic-lan wrote:
> Kirk, thank you for this information. I listened to some of the 
> Steering Committee meeting.
>
> 1. I got the impression that growth  is just more housing.
>
> 2. Their discussion  did not have a vision of what we want to be. The 
> default is we will be a bedroom community.
>
> 3. The committee is not understanding the needs of a bedroom community 
> versus the needs of an independent community.
>
> 4. I did not hear a discussion of capacity of existing infrastructure. 
>  The lack of awareness hurts the existing neighborhoods and streets
>
> Am I missing something?
>
> Is the steering committee still taking comments?
>
> ~ Carol's phone
>
> On Dec 16, 2017, at 10:01 AM, Kirk McClure via Electronic-lan 
> <electronic-lan at lists.ku.edu <mailto:electronic-lan at lists.ku.edu>> wrote:
>
>> LAN Members –
>>
>> Please see the attached analysis that I prepared addressing the 
>> long-term overbuilding in housing.
>>
>> The real estate industry is prone to overbuilding.  This is true in 
>> all sectors, residential, retail, office, industrial, hospitality, 
>> etc.  This is true nationwide and in Lawrence.  The industry needs 
>> the public sector to regulate the pace of development.  Too much 
>> development is bad; overbuilt markets hurt existing space and older 
>> neighborhoods.  Too little development inhibits healthy turnover and 
>> the correct pricing of space.  The goal should be managed growth, 
>> which means growth in supply in close correspondence with the growth 
>> in demand.
>>
>> Managed growth does not happen without concerted effort by the local 
>> government guided by instruction from staff planners.  Long-range 
>> planners should present annual reports to the Planning Commission.  
>> The reports should include the type of analysis that I sent to you.  
>> The analysis should be expanded from just housing to retail 
>> (comparing growth in inflation adjusted retail spending to growth in 
>> retail space); to office (comparing growth in office sector jobs to 
>> the growth in office space; etc.  The report should establish a sense 
>> of the Planning Commission’s past performance (are the various 
>> submarkets overbuilt? Balanced? Underbuilt?) and a sense of 
>> objectives for the next year or two (e.g.: Lawrence is expected to 
>> add 140 new renter households and needs x new rental units to absorb 
>> this growth). Without these benchmarks, the Planning Commission is 
>> letting developers set the pace of growth, and we have seen this fail 
>> time and time again.
>>
>> I suggest that LAN as well as neighborhood organizations push for 
>> growth management to be included in the updated Horizon 2020.
>>
>> All the best,
>>
>> Kirk
>>
>> Kirk and Jeannie McClure
>> 707 Tennessee Street
>> Lawrence, Kansas 66044-2369
>> 785.842.8968
>> mcclurefamily at sbcglobal.net <mailto:mcclurefamily at sbcglobal.net>
>>
>> <Lawrence Housing Market Growth 1990 to 2017 notes.pdf>
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>
>
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-- 
/"The first lesson to be learned by every citizen who desires to bring 
about a higher life in our American cities is that he must take an 
active part in managing the affairs of his own city."/

--Theodore Roosevelt, The Outlook Magazine, Dec 21, 1895
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