Rental prices dropped in Minneapolis and St. Paul in October 2019, but it's too soon to infer lessons from the change in the market.
Frederick Melo reports: "An interesting thing happened in the St. Paul housing market in October. Rents, which had been climbing faster than inflation, finally dipped, even compared with the same time a year prior."
"Also in the third quarter of 2019, developers were well underway with construction of 643 housing units in St. Paul. How many might be considered affordable? None."
Melo is sharing the findings of new analysis from HousingLink [pdf], a Minneapolis-based affordable housing data and listing service. Rental prices in Minneapolis also declined in every segment of the market. HousingLink President Sue Speakman Gomez is quoted in the article saying it's too soon to tell whether rents are dipping in a temporary reprieve from rising prices, or if the market is softening more significantly.
FULL STORY: Rents dip, but no affordable units under construction in St. Paul mid-2019
Minnesota Republicans Kill Passenger Rail, Freeway Cap Projects
Republicans in the Minnesota State Senate blocked the planning of a proposed passenger rail route between Duluth and the Twin Cities in addition to a plan for a freeway cap in a historically Black neighborhood in St. Paul.
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Already a source of eternal controversy for their effects on street life and local business, pedestrian skyways have proven even more problematic during the pandemic.
Three New Programs to Increase Transit Ridership in the Twin Cities
With peak hour commuter travel not expected to rebound to pre-pandemic levels, Metro Transit is getting creative in its efforts to attract new riders.
Planning for Congestion Relief
The third and final installment of Planetizen's examination of the role of the planning profession in both perpetuating and solving traffic congestion.
Minneapolis Housing Plan a Success—Not for the Reason You Think
Housing advocates praise the city’s move to eliminate single-family zoning by legalizing triplexes on single-family lots, but that isn’t why housing construction is growing.
New White House Housing Initiative Includes Zoning Reform Incentives
The Biden administration this morning released a new program of actions intended to spur housing construction around the United States.
Proposed Transit Line Would Connect Downtown Tucson to Airport
Based on community input for a 15-mile transit line, residents want to see a focus on affordable housing development and anti-displacement measures.
Strip Malls as a Housing Solution
The American strip mall may be a dying breed of commercial development, but could the buildings serve a new use as sustainable housing?
Study: Most of Vancouver Is a ‘15-Minute City’
A large majority of Vancouver residents can access a grocery store in 15 minutes or less by bicycle or on foot.
Urban Planning Partners
Sandy City
Ada County Highway District
HUD's Office of Policy Development and Research
HUD's Office of Policy Development and Research
HUD's Office of Policy Development and Research
City of Redwood City
City of Rohnert Park
City of Hot Springs
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Hand Drawing Master Plans
This course aims to provide an introduction into Urban Design Sketching focused on how to hand draw master plans using a mix of colored markers.
