 
          Appendix  |  147
        
        
          
            Contents
          
        
        
          
            Background and Objectives
          
        
        
          • The City of Chesapeake is a thriving economic hub supported by
        
        
          excellent infrastructure and location and driven by substantial
        
        
          growth of the sustainable energy and startup sectors. The
        
        
          Dominion Boulevard Corridor Study planning effort will build upon
        
        
          the foundation established in the Forward Chesapeake 2026
        
        
          Key Findings
        
        
          3
        
        
          Employment Cores Analysis
        
        
          13
        
        
          Comprehensive Plan and complement the current work on the
        
        
          Moving Forward Chesapeake 2035 Comprehensive Plan to
        
        
          develop a strategy for development of the corridor. This report
        
        
          contains the Demographic Analysis and Market and Economic
        
        
          Research and Analysis.
        
        
          Economics and Demographics
        
        
          24
        
        
          Office and Industrial Market
        
        
          31
        
        
          Retail Market
        
        
          38
        
        
          • RCLCO researched and analyzed relevant demographic and
        
        
          economic data for the study area, city, and region. Our goal was to
        
        
          understand the City’s past and present population and household
        
        
          characteristics and understand trends or projections that could be
        
        
          concluded for incorporation into the development of the Dominion
        
        
          For-Sale Residential
        
        
          43
        
        
          For-Rent Residential
        
        
          53
        
        
          Boulevard Corridor Study and Economic Development Strategic
        
        
          Plan. We considered both short- and long-term projections and
        
        
          opportunities.
        
        
          • Our approach to this assignment included: An assessment of the
        
        
          area’s potential to become a major employment center and a
        
        
          Critical Assumptions
        
        
          59
        
        
          Appendix
        
        
          61
        
        
          market analysis of the residential, retail commercial, and
        
        
          office/industrial markets in order to recommend market-driven
        
        
          impacts to the land plan and create a land-use allocation strategy
        
        
          and development phasing schedule.
        
        
          Dominion Boulevard  |  City of Chesapeake  |  April 11, 2014 |  E4-11982.40
        
        
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