2019 ANNUAL DEVELOPMENT REPORT
Brick Avenue Lofts Thaden School
Climb Bentonville Phillips Park Townhomes
www.bentonvillear.com DEVELOPMENT SUMMARY
The Annual Development Report is a compilation of data from the Building Services division and the Planning division to present a picture of the development activity in Bentonville in 2019. Building data, including permits and inspections, identify development that has started and completed construction. The Planning data, including plats, large scale developments, and rezonings, are projects that are in the planning phase of development.
Building Services 2019 Building Services Permits. The city issued 1,750 building permits, up 1% from 2018. After the 11% increase between 2017 and permits: 1,750 1% 2018, this year’s small increase suggests that permits inspections: 19, 570 7% are increasing at a slower rate. value: $454 M 8% Inspections. Inspectors conducted a total of 19,570 completions: 771 6% inspections, including both building and code enforcement inspections, down 7% from 2018. Building inspections were down 12% with 17,385 Building Services Data Sources inspections while code enforcement was up by 72% permits inspections valuation certificates of occupancy with 2,185 inspections. BUILDING PERMITS Value. The valuation of all building permits was $454 2015-2019 million, down 8%. The value of new commercial development was up 14% with a total value of $159 million. Single-family value was down by 4%, totaling $135 million. Demolition. Demolition activity was lower in 2019 1750 1562 1732 than 2018. The number of relocation and demolitition 1375 1461 permits in 2019 was 86, down from 117 in 2018. Completions. The city issued 771 certificates of 2015 2016 2017 2018 2019 occupancy, an increase of 6.2%.
CERTIFICATES OF OCCUPANCY BUILDING INSPECTIONS 2015-2019 2015-2019
771 2019 17,385 726 711 2018 19,810
662 669 2017 18,279
2016 16,794
2015 16,716 2015 2016 2017 2018 2019 1 Thaden School
Planning 2019 Planning Total projects. After significant annual increases between 2010 and 2017, the number of planning projects: 250 19% projects decreased the past two years. The total projects rezonings: 40 7% dropped 11% in 2018 with 308 projects and 19% in 2019 with 250 projects. variances: 25 31% Rezoning. Requests to rezone property from one large scales: 61 20% zoning district to another dropped slightly, from 43 in 2018 to 40 in 2019. Almost 35% of all zoning requests Planning Data Sources are downtown. rezonings conditional uses variances lot splits Variance/Waivers. Requests for Zoning Code variances preliminary plats final plats property line adjustments was down 31% from 2018. Similarly, the request for large scale developments general plan amendments Development Code waivers dropped 22%. Platting. Planning Commission approved six PLANNING PROJECT CATEGORIES 2019 preliminary plats with 448 lots, 43% less lots than in 2018. They approved five final plats with 146 lots, 45% Preliminary Plat Variance less lots than in 2018. 3% 10% Large Scale Developments. The total number of large Conditional Large Scale Use scale development projects in 2019 was 61. This is a Development 5% 20% decrease from 76 in 2018. 25%
Rezoning Population Estimate: 52,871 17% Staff uses certificate of occupancy data to estimate Final Plat population. Bentonville’s current population estimate 2% is 52,871, an increase of 6.5% from 2018. Based on this Property Line Adjustment Lot Split estimate, nearly 8,800 new residents have moved into 19% 19% Bentonville over the last five years.
POPULATION ESTIMATE PLANNING PROJECTS 2015-2019 2015-2019 52,871
49,629 47,645 45,458 44,073 346 291 308 253 250
2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 2 RESIDENTIAL PERMITTED & COMPLETED DEVELOPMENT
Residential activity slowed in 2019. The number of permits for new residential construction was down 10% and remodels were down 7%. The value and size of new units were also down in 2019. Although new construction slowed, completed units increased 86%, with 1,671 residential units completed.
Single-family Building Services issued 471 single-family permits 2019 Residential Construction in 2019, a decrease of 3% from 2018. The average value of a single-family permit was $287,382, down residential permits: 647 10% slightly from 2018. The average size of a single-family residential units permit was 2,701 square feet, 182 square feet smaller permitted: 1,074 29% than in 2018. A total of 461 single-family units were residential units completed, down nearly 7% from 2018. completed: 1,671 86% Multi-family After a record year in 2018, the number of multi-family units permitted dropped by 42%. Building Services RESIDENTIAL PERMITS (units) 2015-2019 issued 34 permits for 603 multi-family units. The average size of a multi-family unit was 1,255 square feet, smaller by 205 square feet than in 2018. The large Single-family Multi-family number of units permitted last year were completed 1032 this year. A total of 1,210 units were completed, up 603 nearly 200%. 396 314 444
Additions & Remodels 594 482 459 487 471 Residential additions and remodels were down by 7% in 2019, with a total of 142 compared to 2015 2016 2017 2018 2019 152 in 2018. However, the number of completed renovations doubled with a total of 55 certificates of occupancy issued, compared to 25 in 2018. RESIDENTIAL COMPLETED (units) 2015-2019
Phillips Park Townhomes New Single Family New Multifamily 1210
489 466 495 494 461 570 432 404
90 2015 2016 2017 2018 2019 3 Phillips Park Townhomes
RESIDENTIAL PERMITS 5 7 9 1 2019