Page 94 - Southlake FY23 Budget

CITY PROFILE

reSiDential growth in Square footage

ANNUAL AREA ADDED CUMULATIVE AREA ADDED
35
32.22

30

25
FEET 20
MILLIONS OF SQUARE 15

10

5

0.49
0

SourCe: Southlake Planning & DeVeloPment SerViCeS
FISCAL YEAR

Although impacted by the Great Recession, the expansion of residential growth in terms of cumulative square
footage has increased in recent years. As the City approaches build out, we expect to continue to see these numbers
slow.

Cumulative Square Annual Square Footage Cumulative Square
Annual Square Footage
Fiscal Year Footage Added Fiscal Year Added Footage Added
Added (Millions)
(Millions) (Millions) (Millions)
1998 2.39 10.94 2011 0.55 22.21
1999 1.88 12.82 2012 0.62 22.83
2000 1.71 14.53 2013 1.04 23.86
2001 1.19 15.71 2014 1.14 25.00
2002 0.37 16.09 2015 1.52 26.52
2003 0.62 16.70 2016 1.76 28.29
2004 0.53 17.24 2017 0.98 29.27
2005 1.13 18.37 2018 0.82 30.09
2006 0.82 19.20 2019 0.56 30.66
2007 1.00 20.20 2020 0.53 31.19
2008 0.77 20.97 2021 0.54 31.73
2009 0.38 21.34 2022 (through Q3) 0.49 32.22
2010 0.31 21.66

BUDGET BOOK | FY 2023 City of Southlake 93
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