Dominion Residential Key Strengths, Challenges, and Opportunities
RESIDENTIAL
Strengths
• Close to Great Dismal Swamp and associated recreational
opportunities
• Chesapeake is a well-regarded place to buy a home—the schools
are good, leading to strong housing demand
• 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
Challenges
• High-end housing in the region is water-oriented. Will need to figure
out how to amenitize the residential projects in the study area to
compete for executive housing
• Without associated employment development, would be difficult to
build multifamily residential
Opportunities
• Create multiple master-planned communities/neighborhoods,
appealing to a wide range of buyers and renters
• The for-sale residential market is starting recovery, and this area, if
zoned for residential, would be a strong location for development
Dominion Boulevard | City of Chesapeake | April 11, 2014 | E4-11982.40
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