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Table 7: Multifamily Inventory and Growth 2000-19 <br />Multifamily Inventory and Growth 2000-2019 <br />2-Mile Radius Orange County <br />Inventory 13,331 302,327 <br />Share of OC 4% 100% <br />Growth 2010-19 (Units) 3,554 31,251 <br />Growth 2010-19 (%) 27% 10% <br />I Source: Costar, AECOM I <br />The strong growth numbers, along with lowvacancy rates and climbing inflation adjusted rents indicate a healthy <br />multifamily market. <br />While the 2-mile radius comprises only 4% of the total inventory of multifamily units in Orange County, it accounts for <br />11 % of total growth since 2010, reflecting the ongoing transformation of this area into both a residential and <br />employment center. <br />Continued mixed -use development that combines employment opportunities with livable communities is likely to <br />maintain demand for incremental multifamily residence dwelling units in the 2-mile radius. <br />Retail <br />Figure 11: Retail Vacancy <br />Retail Vacany <br />12.0% <br />10.0% <br />8.0% <br />6.0% <br />3.4% <br />4.0% <br />pro <br />2.0% <br />0.0% <br />2006 2008 2010 2012 2014 2016 2018 <br />—2-Mile Radius —Orange County <br />Source: Costar, AECOM <br />75C-640 <br />