Issue 10 | November 13, 2014

MORPC, Columbus 2020 and ULI Columbus revealed the first phase of insight2050 last week with a keynote presentation by Peter Calthorpe, Principal at Calthorpe Associates. The Scenario Results Report and Summary is a regional analysis that provides data for decision makers to understand the impact of future land use policies on specific factors influencing the region’s quality of life.

Central Ohio is expected to grow by more than 500,000 people by 2050. An unprecedented 81 percent of the region’s future household growth will be households without children. While this includes Millenials, this growth will be driven substantially by the increasing numbers of “empty nesters” (one- and two-person households) as the Baby Boomers reach later stages of life in numbers greater than any previous generation.

Issue 10 imageIt is conservatively estimated that the region’s growth over the next 30+ years will result in more than 300,000 new residences, more than 300,000 new jobs and over 1 billion square feet of new or redeveloped non-residential building space.

The region’s past 30 years of growth was dominated by an extraordinary demand for single family detached homes on larger lots. Looking ahead to the next 30 years, projections and other emerging trends suggest that the market demand will be very different:

  • More walkable neighborhoods
  • More mixed use environments
  • More mixed age, mixed income communities
  • Smaller residences
  • More transportation choices

 

How communities respond to this growth and changes in market demand will have far reaching consequences on housing, jobs, development, infrastructure and the environment. For more information visit www.morpc.org/insight2050.