By 2028, experts predict another 35,000 people will move to Bend, a city that earlier this month topped a national list for highest rental rate increases in the nation and decreasing levels of home ownership.
Rental rates and ownership are two key indicators that Bend’s housing market isn’t ready to accommodate this major 40 percent population increase. Part of the problem: A missing middle. Those duplexes, triplexes, townhomes and courtyard apartments that fill the gap between single-family homes and multi-story apartment buildings—the kinds of homes that meet the needs of young professionals, retirees, and others flocking to Bend for a new kind of urban living nestled at the base of the Cascades.
At 6:30 p.m. on April 10, at the Tower Theatre, join Dan Parolek, the nation’s premier expert on middle market housing, for “Solving Bend’s Missing Middle Market Housing Puzzle,” presented by Ascent Architecture and Interiors and brought to you by Building a Better Bend and Bend 2030 with additional sponsorship from Brooks Resources Corporation, Miller Lumber, Northwest Crossing, Bryant Lovlien & Jarvis, Taylor Northwest, Central Oregon Association of REALTORS ©, and Wall Street Suites.
Parolek will break down what’s missing in Bend and describe tangible solutions for spurring development of this critical middle market.
“Single, childless couples and empty nesters have two things in common,” writes Parolek in his 2014 Best in American Living article The Missing Middle. “They are growing in numbers and they want a unique type of home. These buyers prefer higher quality, often smaller, multifamily options as an alternative to living in single-family homes.”
Audience members will also be invited to provide direct feedback to leaders of the Bend Collaborative Housing Workgroup—a new project led by Bend 2030, Brooks Resources, Central Oregon Association of REALTORS ©, Central Oregon Builders Association, Housing Works, the City of Bend and the American Institute of Architects Southwestern Oregon Chapter—that is developing a slate of recommended policy tools and incentives to jump start Bend’s middle housing market.