2022 City of Shakopee Budget

77

Budget Impact: The City of Shakopee is expected to grow to more than 60,000 residents by 2040 with much of that growth occurring the Jackson Township. The city annexed 250 acres of the Jackson Township and another large section was annexed into the city by property owners between CH 69 and 169. This will provide future area for Business Park growth. Windermere, the largest subdivision in the western end of the city, has been adding land for new development that includes a mixture of housing types including single family, townhomes, and apartments. The senior living facility by BHS opened in 2021 as did The Willows by Common Bond, a workforce housing development. D.R. Horton continues to build new single-family homes at record pace and is proposing another 40-acre development within their site. In 2021 D.R. Horton added two new additions and lots for almost 300 homes. The Hauer Farm site on CH 17 was developed as Summerland and will eventually include more than 300 homes and 300 apartments. The initial phases began in 2021 including a few homes and final planning for the apartment site. There were also many other subdivisions that were approved and started construction including Valley Crest on CH 83 with more than 150 homes of various sizes and styles by M/I Homes and Whispering Waters in the southeast corner being developed by Keyland Homes.

The last industrial sites are being developed within existing parks and the city is working on other industrial areas.

Building permits continue to set a record pace and planners review everything from fence and deck permits to new homes.

There were a number of code amendments during 2021 that modified townhouse regulations and material choices for developments. This is reflective of comments seen in recent resident surveys asking for a community with higher design standards. The city rezoned all its parks and open space to parks and open space. Many had residential or commercial zoning. This is a requirement of the 2040 Comprehensive Plan and the city will work on bringing the remainder of its zoning regulations into compliance during 2021.

EMPLOYEES

PERCENT OF GENERAL FUND EXPENDITURES

4.4

4.4

4.4

4.4

Planning & Development 2.0%

Actual 2019 Actual 2020 Budget 2021 Budget 2022

Number of Employees (FTEs)