 
          DOMINION BOULEVARD CORRIDOR STUDY  |  Chesapeake, Virginia
        
        
          272  |  Appendix
        
        
          
            
              Exhibit III-12
            
          
        
        
          
            PRICE TO SIZE RELATIONSHIP - TWO-BEDROOM UNITS
          
        
        
          
            NEWER APARTMENTS IN CHESAPEAKE, VA
          
        
        
          
            FEBRUARY 2014
          
        
        
          $1,200
        
        
          $1,300
        
        
          $1,400
        
        
          $1,500
        
        
          $1,600
        
        
          SOURCE: Property Websites; Leasing agent interviews
        
        
          $1,000
        
        
          $1,100
        
        
          600
        
        
          700
        
        
          800
        
        
          900
        
        
          1,000
        
        
          1,100
        
        
          1,200
        
        
          1,300
        
        
          1,400
        
        
          1,500
        
        
          Aura at Towne Place 2B/2Ba
        
        
          The Carlton at Greenbrier 2B/2Ba The Morgan 2B/2Ba
        
        
          The Morgan 2B/2Ba/D
        
        
          Tapestry Park 2B/2Ba
        
        
          Bell Great Bridge 2B/2Ba
        
        
          Belmont at Greenbrier 2B/2Ba
        
        
          Hideaway at Greenbrier 2B/2Ba
        
        
          Adalay Bay 2B/2Ba
        
        
          Fenwyck Manor 2B/2Ba
        
        
          Fenwyck Manor 2B/2Ba/G
        
        
          Fenwyck Manor 2B/2.5Ba/TH
        
        
          Fenwyck Manor 2B/2.5Ba/TH/G Streets of Greenbrier 2B/2Ba
        
        
          Streets of Greenbrier 2B/2Ba/L
        
        
          
            Exhibit III-12
          
        
        
          E4-11982.40
        
        
          Printed: 3/27/2014
        
        
          CITY OF CHESAPEAKE