Page 84 - Southlake FY20 Budget
P. 84
City Profile
Residential Growth in Square Footage
Annual Area Added Cumulative Area Added
35
29.66
30
25
Millions of square feet 20
15
10
5
0
Source: Southlake Planning & Development Services Fiscal Year
Although impacted by the Great Recession, the expansion of residential growth in terms of square footage has
increased in recent years. Continued increases in these numbers signify healthy residential growth in Southlake that
is helping to expand the City’s tax base.
Annual Square Cumulative Square Annual Square Cumulative Square
Fiscal Year Footage Added Footage Added Fiscal Year Footage Added Footage Added
(Millions) (Millions) (Millions) (Millions)
1996 2.62 6.13 2008 0.77 20.97
1997 2.43 8.55 2009 0.38 21.34
1998 2.39 10.94 2010 0.31 21.66
1999 1.88 12.82 2011 0.55 22.21
2000 1.71 14.53 2012 0.62 22.83
2001 1.19 15.71 2013 1.04 23.86
2002 0.37 16.09 2014 1.14 25.00
2003 0.62 16.70 2015 1.52 26.52
2004 0.53 17.24 2016 1.76 28.29
2005 1.13 18.37 2017 0.98 29.27
2006 0.82 19.20 2018 0.82 29.11
2007 1.00 20.20 2019 (through Q3) 0.40 29.66
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