 
          DOMINION BOULEVARD CORRIDOR STUDY  |  Chesapeake, Virginia
        
        
          264  |  Appendix
        
        
          
            
              Exhibit III-5
            
          
        
        
          
            CHESAPEAKE SUBMARKET CAPTURE OF NORFOK-HAMPTON ROADS APARTMENT ABSORPTION
          
        
        
          
            CHESAPEAKE AND NORFOLK-HAMPTON ROADS REGION
          
        
        
          
            2000-2018
          
        
        
          -10%
        
        
          0%
        
        
          10%
        
        
          20%
        
        
          30%
        
        
          40%
        
        
          500
        
        
          1,000
        
        
          1,500
        
        
          2,000
        
        
          
            PROJECTED
          
        
        
          
            2000-2013 AVG. CAPTURE:
          
        
        
          9%
        
        
          SOURCE: REIS
        
        
          -40%
        
        
          -30%
        
        
          -20%
        
        
          -500
        
        
          0
        
        
          2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
        
        
          Metro Absorption
        
        
          Chesapeake Absorption
        
        
          % Capture of Region
        
        
          
            Exhibit III-5
          
        
        
          E4-11982.40
        
        
          Printed: 3/27/2014
        
        
          CITY OF CHESAPEAKE