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Near-Northwest-Neighborhood-Plan-Final-Appendices-2019
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Near-Northwest-Neighborhood-Plan-Final-Appendices-2019
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4/21/2025 10:01:52 AM
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Dept of Community Investment
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96 <br />•New Dwelling Units: 171 <br />•New Population: 220 <br />•Residential Sq Ft:148,422 <br />•Total Construction Value:$25M <br />•Value per Acre of Infill:$2.8M <br />•Cumulative Property Tax Revenue (Yr 10): $2.8M <br />$- <br />$828,266 <br />$2,804,978 <br />$5,850,195 <br />$9,632,290 <br />0 <br />50 <br />100 <br />150 <br />200 <br />250 <br />300 <br /> $- <br /> $2,000,000 <br /> $4,000,000 <br /> $6,000,000 <br /> $8,000,000 <br /> $10,000,000 <br /> $12,000,000 <br />Year 0 Year 5 Cumulative <br />Revenue <br />Year 10 Cumulative <br />Revenue <br />Year 15 Cumulative <br />Revenue <br />Year 20 Cumulative <br />Revenue Total # of UnitsProperty Tax RevenueSouth Bend - Sherman-Harrison <br />Cumulative Property Tax Revenue & Unit Count <br />Oneplex <br />Duplex <br />Fourplex <br />Townhome <br />Cottage Court <br />Legend <br />Years 6-10 <br />64% of Total Buildout
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