3. People Turning 65 in Year
Thousands
0
500
1,000
1,500
2,000
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Year
2012
1996-2025
2013
2014
2015
2016
2017
People Turning 65 Annually
2018
2019
2020
2021
2022
2023
2024
2025
4. Growth in Households without Children
Household Type Share
With Children 12%
Without Children 88%
Single-Person 34%
Source: Adapted and extrapolated by Chris Nelson from Martha Farnsworth Riche,
How Changes in the Nation's Age and Household Structure Will Reshape Housing
Demand in the 21st Century, HUD (2003).
5. Approaching labor shortages
2.0
Annual change in US working age population
Average annual job creation since WWII
1.5
(in millions)
1.0
0.5
0.0
2005 2010 2015 2020 2025 2030 2035 2040 2045 2050
Source: TIP Strategies; US Bureau Labor Statistics; US Census Bureau
7. Strong forces will put a premium on:
1. Energy efficient, sustainable cities
2. Shorter trips
3. Effective transit
4. Great livability
5. More options for travel, housing and
work
8. Many cities will compete to be great
places to live & work
Amenities near work
Open Spaces and Parks
13. ALL SCENARIOS POINT TO SIGNIFICANT WACO GROWTH: ROUGHLY 100,000 TO
135,000 FROM 2050
Waco MSA Population Projections
2001-2050
Perryman’s Projection for
2050: 365,028
Perryman’s
Projection for
2035:
314,417 Moody’s Projection for
2050: 337,251
Moody’s Projection
for 2035:
300,989
Census 2008 estimate: 230,213
Census 2000 population: 213,517
SOURCE: Census, Moody's Economy.com, TX Department of State Health Services, Perryman Associates
14
14. Demographics – Age (2007)
85 years and over
75 to 84 years
65 to 74 years
55 to 64 years
45 to 54 years
35 to 44 years
25 to 34 years
15 to 24 yeas
5 to 14 years
Under 5 years
0% 5% 10% 15% 20% 25% 30%
15. Waco has a wide range of household types
9%
37%
Married-couple familes
Other families
32% People living alone
Other nonfamily households
22%
16. “Not Just Another Planning Process”
• Inclusive of diverse
population
• Include people of all
ages
• Include both small and
large households
• Broad public outreach
17. Information Gathering and
Kick-off Meeting
Get to know the city
through the eyes of Waco
residents.
Economic assessment
Land use: Visual analysis of land use types
Housing: Housing market analysis
18. Community Leader Interviews
• 25 In-Depth Interviews – Community
Cross-Section:
– Business
– Property owners
– Neighborhoods
– Faith-based organizations
– University
19. Project Approach
• Capturing the community’s vision
• Public outreach and involvement
• Visioning workshops
• Technical analysis and communication
• Assessing the economic picture
• Integrating transportation sustainability
& livable streets
• Strategies for implementation
• Develop a monitoring program
32. Project Approach
• Capturing the community’s vision
• Public outreach and involvement
• Visioning workshops
• Technical analysis and communication
• Assessing the economic picture
• Integrating transportation sustainability
& livable streets
• Strategies for implementation
• Develop a monitoring program
35. Warehouse Rehab
Designed to
include
Total bldg area:
52,700 sf (gross)
Ground level retail:
6,000 sf
Residential: 46,700 sf
(gross)
• 3 Live/work
(townhouse units)
• 36 apartments (flats)
Surface parking: 20
spaces
40. Assessed Value per Acre
Interstate 35
Baylor University
US Highway 84
Franklin Avenue
S 17th St /S 18th St
US Highway 77/
/La Salle Ave
41. The power of successful prototypes
Example:
Zupan’s grocery
store in Portland,
Oregon
42. The power of successful prototypes
Example:
Zupans Grocery store in
Portland, Oregon
Was the original
redevelopment project
in an up-and-coming
neighborhood
It served as an anchor
and catalyst for
additional housing
projects
53. Implementing New Street Choices
• Designing streets to serve adjacent land use
“One Size Does Not Fit All”
Employment
Town
Regional Center District Residential
Center
Neighborhood
Commercial Corridor
Main Street Commercial Mixed Use Industrial Residential
Street Street Street Street
59. Project Approach
• Capturing the community’s vision
• Public outreach and involvement
• Visioning workshops
• Technical analysis and communication
• Assessing the economic picture
• Integrating transportation sustainability
& livable streets
• Strategies for implementation
• Develop a monitoring program
60. Strategic Action
• Overall Vision and Plan
• But also a strategic set of actions
• Look for results in 2-5 years
– Private Sector Partnerships
– Investments
– Regulations that work
• Financing Plan
• Transportation System
61. Waco 2050 Plan
A Vision for the Heart of the City
Advisory Committee Meeting
July 2009