DOMINION BOULEVARD CORRIDOR STUDY | Chesapeake, Virginia
324 | Appendix
Exhibit VI-5
RESIDENTIAL MATRIX BY HOUSEHOLD DRIVER
CHESAPEAKE, VA
FEBRUARY 2014
Household Driver
Duration
Tenure
Price Point
Availability of
Desired Stock
Additional Product
Opportunities
Fit At Site
1-2 Years
Primarily Renters
Strong
3-4 Years
Rent to Own
Strong
5+
Rent to Own
Strong
5+
Mixed
Strong
5+
Primarily Owners
Strong
SOURCE: RCLCO; Brokers; Moody's Analytics
Professional/Business
Services
Adequate Single-family
Mid to upscale single-
family
Upscale MPC
Cyber/Technology
Limited Rental,
Moderate Single-family
Top of market rentals
and mid level single-
family
MF and SF Rental and
For-Sale
Healthcare
Top of market rentals
and mid to upscale
level single-family
Limited Rental,
Adequate Single-family
MF and SF Rental,
Upscale MPC
Active Duty Military
Moderate
Based upon housing
allowance
MF and SF Rental
Government Agencies
and Contractors
Limited Rental,
Moderate Single-family
Top of market rentals
and mid level single-
family
MF and SF Rental and
For-Sale
Exhibit VI-5
E4-11982.40
Printed: 3/27/2014
CITY OF CHESAPEAKE
