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5-Year + Outlook
Development activity is expected to remain robust. New commercial and residential
construction has remained relatively consistent coming out of the last recession with an
average of 7 new commercial permits per year from 2011 to 2014 and an average of 122 new
residential permits per year. In fiscal year 2015, new commercial permits rose to a total of
12. In fiscal year 2016, new commercial permits totaled 9. In fiscal year 2017, new
commercial permits totaled 1 and new residential permits totaled 137. In 2018, new
commercial permits totaled 3 and new residential permits totaled 169. With several hundred
residential lots still available, residential permitting activities are expected to remain
consistent. New commercial activity is expected to remain consistent as well.
As the City approaches build out, currently estimated to occur by 2035 according to the
current Master Plan estimate, new residential activity will begin to decrease. Assuming
current economic conditions remain static, land for new residential subdivisions will
significantly decrease, leaving only infill and tear down and rebuild projects to build out.
Commercial activity will be more difficult to predict. However, given that there remains
limited undeveloped commercial land in the City, in addition to numerous redevelopment
opportunities for existing legacy properties, commercial, as well as institutional, development
opportunities should continue to avail themselves over the next five years and beyond. The
reconstruction of Colleyville Boulevard (State Highway 26) is also nearing completion which
will attract commercial development and redevelopment.
Overall, the department will remain very busy over the next five years and is in need of
staffing at a level commensurate with community and organizational expectations to be able
to adequately fulfill its mission to protect, preserve and promote the exceptional and unique
quality of the community’s built environment and natural resources.
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