It is estimated that over $250MM will be invested in the River District over the next 5-10 years.

Drivers of Urban, Walkable Communities

housing Trends are changing

  • 75% of new housing delivered between now and 2030 will be rental to meet demand. In 2005, 63% of housing was single family homes, however single family homes will be increasingly less desired.

  • 83% of US homes will have no children by 2030. 63% will have one person.

  • 62% of millennials prefer to live in urban, mixed-use communities where they can be close to shops, restaurants and offices – and they are driving less.

  • Seniors moving to the top 53 metro areas has grown 11% avg. over past decade. Some areas are seeing up to 20% growth. Active seniors may be the new millennial.

         Click here to

Elkhart's Need for Workforce Development

Elkhart is fundamentally an entrepreneurial, industrial-based community. Manufacturing technologies are forcing greater cost and labor efficiencies with advanced industry solutions. How do we attract a skilled workforce that will sustain our future?

We will attract workforce by creating a place where people want to live.

We are turning away potential workforce.

  • 40,000 commuters work, yet don’t live in Elkhart.

  • Unemployment rate is less than 3% - below the national average.

  • 8,000-9,000 jobs reported available in Elkhart County.

  • The greatest demand is for medium-skilled knowledge workers - just like every other city. How do we compete?

  • Less than 10 market-rate for-rent units are available on average per MLS. This is not enough to attract the workforce we need.

Where do we house a future workforce?

Elkhart Residential Market Potential Analysis Supports Development of Nearly 1,000 New Housing Units in Downtown Elkhart Over Next 5 Years 

September 2017, Zimmerman/Volk Associates completed a residential market potential analysis for RDIT. This analysis has found that, from the market perspective, over a five-year timeframe 680 to 880 rental and for-sale housing units can be supported within the Downtown Elkhart Study Area. Based on market preferences, the housing mix would include:

  • 550 to 725 rental apartments,

  • 50 to 60 forsale lofts and condominiums, and

  • 80 to 95 rowhouses/townhouses.

To create the appropriate densities in the Downtown, residential development in the Study Area should concentrate on the development of higher-density housing types including:

  • Rental lofts and apartments (multi-family for-rent);

  • For-sale lofts and apartments (multi-family for-sale); and

  • Townhouses, rowhouses, live-work or flex units (single-family attached for-sale).

        Click here to read more>>


NEWS & facts