 
          DOMINION BOULEVARD CORRIDOR STUDY  |  Chesapeake, Virginia
        
        
          320  |  Appendix
        
        
          
            
              Exhibit VI-1
            
          
        
        
          
            STRENGTHS, CHALLENGES, AND OPPORTUNITIES
          
        
        
          
            DOMINION STUDY AREA
          
        
        
          
            MARCH 2014
          
        
        
          
            STRENGTHS
          
        
        
          
            CHALLENGES
          
        
        
          
            OPPORTUNITIES
          
        
        
          • The region overall is expected to grow. The study area is in a
        
        
          good location to capture a portion of that growth
        
        
          • Land has fragmented ownership. Will need to work carefully
        
        
          to ensure that future plan is realized
        
        
          • Most of the area is undeveloped, and the reputation in the market is
        
        
          that it has not developed because of access, not for other reasons.
        
        
          Once bridge is completed, will spur development
        
        
          • The Great Dismal Swamp provides recreational and other types
        
        
          of amenities
        
        
          • May be an opportunity to find opportunities around the Great Dismal
        
        
          Swamp in terms of research, branding, marketing, job creation, and
        
        
          differentiation
        
        
          • Close to Chesapeake City offices
        
        
          • Close to Great Dismal Swamp and associated recreational
        
        
          opportunities
        
        
          • High-end housing in the region is water-oriented. Will need
        
        
          to figure out how to amenitize the residential projects
        
        
          • Create multiple master-planned communities/neighborhoods,
        
        
          appealing to a wide range of buyers and renters
        
        
          • Chesapeake is a well-regarded place to buy a home - the
        
        
          schools are good, leading to strong housing demand
        
        
          • Without associated employment development, would be
        
        
          difficult to build multifamily residential
        
        
          • The for-sale residential market is starting recovery, and this area, if
        
        
          zoned for residential, would be a strong location for development
        
        
          • New Grassfield High School would be attractive for new residents
        
        
          • Culpepper Landing, an actively selling master-planned
        
        
          community with the strongest sales in the region, is already selling
        
        
          close to the study area
        
        
          • Will be a good location for future households, and therefore,
        
        
          future retail to support it
        
        
          • For the near- and mid-term, the regional and community
        
        
          shopping needs of residents will be met at Greenbriar area
        
        
          • Create new retail centers in "town center" configurations that could
        
        
          help create a sense of community and a focal point for development
        
        
          • Tidewater Community College has a new facility in the area -
        
        
          may be possible to work with them for training opportunities for
        
        
          future businesses
        
        
          • The retail market is relatively strong and stable - could be a good use
        
        
          that will be in demand in the short-term as housing is created
        
        
          • Widening of Dominion Boulevard and opening of new bridge will
        
        
          make the study area more desirable for future office
        
        
          • The office market is still struggling - will be hard to jump start
        
        
          any development in the area with office
        
        
          • As Greenbriar builds out, the opportunity to be the "next" Greenbriar -
        
        
          although it can be with today's design standards and guidelines
        
        
          • The City of Chesapeake's interest in creating an employment
        
        
          center in the study area will help it succeed
        
        
          • Once bridge is completed and road widened, will create a new area
        
        
          for development
        
        
          • Development is already starting to move in this direction
        
        
          • In the mid- to long-term, the health care industry should help bolster
        
        
          the office market
        
        
          • Close to airport
        
        
          • Industrial-related employment is projected to decrease in
        
        
          the region
        
        
          • There are not a lot of large parcels of industrial land available in the
        
        
          market - have enough land to be able to accommodate larger users
        
        
          • Development is already starting to move in this direction
        
        
          • The study area is not as well-positioned as other areas for
        
        
          some types of industrial development - it is not on the water,
        
        
          does not lead to other major cities (e.g. along I-95) and does
        
        
          not have rail access
        
        
          • Industrial development in this area could serve the general industrial
        
        
          needs of the region
        
        
          • All of the industrial buildings would be new and meet the latest
        
        
          standards in industrial building height clearance, etc.
        
        
          
            Residential
          
        
        
          
            Office
          
        
        
          
            Retail
          
        
        
          
            Overall
          
        
        
          
            Industrial
          
        
        
          
            Exhibit VI-1
          
        
        
          E4-11982.40
        
        
          Printed: 3/27/2014
        
        
          CITY OF CHESAPEAKE