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<br />.... <br /> <br />&- <br /> <br />It is noted that more than four out of ten households in 1990 in Sunny Isles Beach fd! into the low <br />to very low income categories. <br /> <br />- <br /> <br />Household Income <br /> <br />.. <br /> <br />.. <br /> <br /> <br />Ve Low 1,575 23.24 180934 26.13 <br />Low 1,285 18.96 101,774 14.70 <br />Moderate 922 13.60 121,043 17.48 <br />Middle 836 12.33 67,141 9.70 <br />Upper to 2,160 31.87 221,463 31.99 <br />Hi <br /> <br />.. <br /> <br />- <br /> <br />- <br /> <br />- <br /> <br />.. <br /> <br /> <br />- <br /> <br />.. <br /> <br />Source: U.S. Census <br /> <br />Based on the proposed number of units constructed under the previously presented FAR scenarios <br />and the redevdopment opportunities, projections for housing units, households, and population <br />were made by Walter H. Keller, Inc. The future estimates assume an increase in the number of <br />people per household yidd as indicated in the table that follows. <br /> <br />.. <br /> <br />.. <br /> <br />Estimates of 1999 percentages within each <br />category were then made. The number of <br />households falling into each category are <br />found in the table to the right. These <br />estimates were devdoped by Walter H. <br />Keller, Inc. based on the application of the <br />percentage breakdown for 1990. <br /> <br />.. <br /> <br />.. <br /> <br />.. <br /> <br />.. <br /> <br />- <br /> <br />.. <br /> <br />.. <br /> <br />.. <br /> <br />- <br /> <br />.. <br /> <br />- <br /> <br />City -Household Income Percentages - 1999 <br /> <br /> <br />1,893 <br />1,544 <br />1,108 <br />1,005 <br />2,596 <br /> <br />'" <br />.. <br /> <br /> <br />To reiterate previously presented information, little non-devdoped land exists in Sunny Isles Beach. <br />Thus, possible redevdopment sites, identified based on current use and ownership, are the primary , <br />means by which unit increases will occur in the future. According to the analysis undertaken, it was <br />determined that approximatdy 2,400 dwdling units are located in buildings that are potential <br />"candidates" for redevdopment in the next ten years. Review of recent and approved redevdopment <br />projects indicates that 4,000 dwdling units are likely to be built in the area east of Collins, along the <br />ocean waterfront. This represents a net increase of about 1,600 units. <br /> <br />.. <br /> <br />1999 <br />2004 <br />2009 <br /> <br />11,674 <br />12,471 <br />13,268 <br /> <br />.. <br /> <br />.. <br /> <br />.. <br /> <br />.. <br /> <br />.. <br /> <br />.. <br /> <br />.. <br /> <br />8,145 <br />8,942 <br />9,739 <br /> <br />13,871 <br />15,786 <br />17,701 <br /> <br />1.70 <br />1.77 <br />1.82 <br /> <br />10 <br /> <br />Sunny Isles Comprehensive Plan - Existing Conditions f Background Documents <br /> <br />.. <br /> <br />.. <br />